StockNews.AI
DOMH
StockNews.AI
83 days

Dominari Holdings Set to Join Russell Microcap® Index

1. DOMH to join the Russell Microcap® Index after June 30, 2025. 2. Membership boosts visibility among institutional and retail investors significantly. 3. Index membership reflects market momentum and growth strategy execution. 4. Russell indexes influence $10.6 trillion in assets for investors. 5. DOMH is focused on long-term value through operational excellence.

8m saved
Insight
Article

FAQ

Why Bullish?

Inclusion in the Russell Microcap Index could lead to increased investor interest and higher trading volumes, mirroring previous cases of companies gaining visibility through index inclusion, such as how stocks like DigitalOcean (DOCN) saw price appreciation post-index addition.

How important is it?

This news is significant for DOMH as index inclusion may attract investment, indicating a strategic shift that might support stock performance sustainably.

Why Long Term?

The impact from Russell index inclusion tends to unfold over time as institutional investors allocate funds based on index fund strategies, which historically impacts stock performance positively for companies like DOMH.

Related Companies

, /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH), is set to join the Russell Microcap® Index at the conclusion of the 2025 Russell indexes annual reconstitution, effective after the US market opens on June 30, according to a preliminary list of additions posted May 23. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Anthony Hayes, CEO of Dominari Holdings stated, "Inclusion in the Russell Microcap® Index is a meaningful milestone that reflects the momentum we are building across our business. This recognition enhances our visibility amount institutional and retail investors as we continue to execute on our strategic vision and pursue opportunities for sustainable growth. We remain committed to delivering long-term value through disciplined execution, innovation and operational excellence." Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell's US indexes serve as the benchmark for about $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider. For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/ About Dominari Holdings Inc. The Company is a holding company that, through its various subsidiaries, is currently engaged in wealth management, investment banking, sales and trading and asset management. In addition to capital investment, Dominari provides management support to the executive teams of its subsidiaries, helping them to operate efficiently and reduce cost under a streamlined infrastructure. In addition to organic growth, the Company seeks opportunities outside of its current business to enhance stockholder value, including in the AI and Data Center sectors. About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, which include but are not limited to the Risk Factors set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 relating to its business. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. Contacts: Dominari Holdings Inc.https://www.dominariholdings.com/ Investor RelationsHayden IRBrett Maas, Managing PartnerPhone: (646) 536-7331Email: [email protected]www.haydenir.com  SOURCE Dominari Holdings Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News