Dominari Holdings appoints Brian Parsley to board of directors

NEW YORK - Dominari Holdings Inc. (NASDAQ:DOMH), a financial services firm with a market capitalization of approximately $108 million, on Wednesday announced the appointment of entrepreneur and behavioral analyst Brian Parsley to its board of directors. The company’s stock has shown remarkable momentum, delivering a 662% return year-to-date according to InvestingPro data.

Parsley, who brings over 30 years of experience in entrepreneurship, sales and leadership development, will focus on enhancing the company’s marketing, investor outreach and communications strategy. His appointment comes as Dominari demonstrates strong financial flexibility with a healthy current ratio of 2.5, though the company faces profitability challenges with negative earnings per share in the last twelve months.

The new board member has founded and successfully exited multiple companies, including USAhire.com and WeSkill, both of which were acquired. He is also a co-founder of The Constance Group, where he works with organizations on sales and leadership transformation.

"Brian has a proven ability to transform sales and leadership cultures, with a focus on linking human behavior to measurable business outcomes," said Anthony Hayes, CEO of Dominari Holdings, in the press release.

Parsley developed a proprietary framework called The Human Factor, which helps organizations leverage human connection to drive performance and trust. His work has focused on helping companies create more engaged workforces and stronger client relationships.

"My focus will be on helping Dominari strengthen its voice in the marketplace, deepen engagement with investors and foster authentic connections that drive both trust and growth," Parsley stated.

According to the company statement, Parsley has consulted with Fortune 500 companies and was previously recognized as a Top 40 Executive Under 40 by the Business Journal. InvestingPro analysis reveals 8 additional key insights about Dominari’s performance and financial health. Subscribers can access detailed metrics, Fair Value analysis, and comprehensive financial health scores.

Dominari Holdings operates primarily through its subsidiary Dominari Securities LLC, a member of FINRA, MSRB and SIPC, which provides securities brokerage and registered investment adviser services. The company has demonstrated substantial growth, with revenue increasing by 455% compared to the previous year.

In other recent news, Dominari Holdings Inc. announced the formation of a new Crypto Advisory Board to guide its strategic expansion into the cryptocurrency sector. This move is part of the company’s broader efforts to pursue acquisitions and partnerships in the digital asset space. Additionally, Dominari Holdings declared a special cash dividend of approximately $5 million, or $0.22 per share, set to be payable to shareholders and certain warrant holders in late September 2025. In a separate development, Dominari Holdings’ subsidiary, Dominari Securities LLC, successfully led a $100 million equity placement for SRM Entertainment, involving significant issuance of Series B Convertible Preferred Stock and warrants. This transaction could potentially represent a total investment of $210 million if all warrants are exercised. Furthermore, Dominari Holdings has ended its association with Resolution Minerals Ltd and Oakley Capital, confirming that neither Dominari entity maintains any connection with these firms. These recent developments highlight Dominari Holdings’ dynamic strategic initiatives across various sectors.

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