Dominari Stock Jumped 14% Last Week. The Warrant Math Traders Are Watching Now
Dominari Holdings shares jumped 7.25% Friday to $3.70, closing the week up 14.2% after a new warrant inducement filing and a recent cash dividend. The company expects $3.67 million in gross proceeds from warrant deals and reported Q1 revenue of $35.8 million, but a net loss of $57.4 million. About 1.2 million Series B warrants remain unexercised. Trading resumes Monday after the U.S. market holiday.