Dominari Securities LLC Expands Investment Banking Practice with Appointment of Experienced Financial Executive

Rhea-AI Summary

Dr. Cosme Ordoñez has been appointed as the Head of Investment Banking at Dominari Holdings Inc.'s subsidiary, Dominari Securities LLC. With over 20 years of experience in investment banking and healthcare, Dr. Ordoñez brings a wealth of expertise to the firm. His previous roles include Senior Managing Director at Aegis Capital, where he managed a portfolio exceeding $100 million and raised close to a billion dollars for life science companies. Dr. Ordoñez's medical background adds value to Dominari's healthcare coverage, making him a valuable asset to the firm and its clients.

Dr. Cosme Ordoñez Appointed Head of Investment Banking

NEW YORK, March 12, 2024 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) (the "Company") today announced its wholly-owned subsidiary, Dominari Securities LLC, has appointed Dr. Cosme Ordoñez to the role of Head of Investment Banking, Investment Banking Principal and bolstering the firm's coverage in the healthcare sector.

Dr. Ordoñez has more than 20 years of investment banking and healthcare experience. Most recently, he served as Senior Managing Director, Investment Banking at Aegis Capital in its private equity group.

Mr. Kyle Wool, CEO of Dominari Securities LLC, commented, "We are thrilled to welcome Cosme to the firm to head up our investment banking practice. Over the course of his distinguished career, he has gained extensive experience with corporate finance activities, financial advisory services and capital raising having managed a portfolio in excess of $100 million and raised nearly a billion dollars in capital for life science companies. Furthermore, with his medical scientific background, Dr. Ordoñez will be a tremendous asset to our clients in healthcare. We are pleased to welcome Cosme to Dominari."

Dr. Cosme Ordoñez

Dr. Ordoñez began his career as a Doctor of Medicine at the National Institute of Oncology in Havana, Cuba where he researched the amplification of oncogenes in breast cancer. With deep industry knowledge, he transitioned to investment banking more than 20 years ago as a healthcare analyst at Versant Partners, which was later acquired by Cantor Fitzgerald. Most recently, at Aegis Capital, he acted as the lead investment banker in multiple private placement transactions and as the Manager of a portfolio of investments in private equity valued at more than $100 million.

Over the course of his career, Dr. Ordoñez has acted as the lead investment banker in multiple transactions, leading deal origination, due diligence, corporate finance advisory, valuation modeling, syndication and deal execution through sales and marketing efforts in collaboration with equity capital markets desks. Dr. Ordoñez was the co-founder of Ciclofilin Pharmaceuticals, a startup biotech based in San Diego, which was acquired in 2016. Prior to founding Ciclofilin Pharma, Dr. Ordoñez worked on the buy-side as Director of Healthcare Investments at Difference Capital, a venture capital and merchant bank, where he participated in investment decisions for a portfolio of international private and public healthcare companies. Previously, he was a senior biotechnology analyst at two other independent Canadian investment dealers, where he achieved top rankings for perceived quality of research by Brendan Wood International and Starmine.

Dr. Ordoñez has a Doctor in Medicine degree, a Ph.D. in Experimental Medicine and Biochemistry from McGill University. He also completed a Post-Doctoral Fellowship at the Karolinska Institute in Stockholm, Sweden. Dr. Ordoñez has published scientific manuscripts in the areas of oncology, virology and immunology. He currently holds Series 79, 7, 86 and 87 FINRA licenses.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

Dominari Securities LLC's Mission Statement:

Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors.

Securities Brokerage and Registered Investment Adviser Services are offered through Dominari Securities LLC, a Member of FINRA, MSRB and SIPC. Securities brokerage, investment adviser and other non-bank deposit investments are not FDIC insured and may lose some or all of the principal invested. You can check the background of Dominari Securities and its registered investment professionals and review its SEC Form CRS on FINRA's BrokerCheck site at https://brokercheck.finra.org. Information for Dominari Securities LLC and its registered investment professionals as well as its SEC Form CRS may also be found on FINRA's BrokerCheck site.

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 Relations
Hayden IR
Brett Maas, Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com

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SOURCE Dominari Holdings Inc.

FAQ

Who has been appointed as the Head of Investment Banking at Dominari Holdings Inc.'s subsidiary?

Dr. Cosme Ordoñez has been appointed as the Head of Investment Banking at Dominari Holdings Inc.'s subsidiary, Dominari Securities LLC.

What is Dr. Cosme Ordoñez's background?

Dr. Cosme Ordoñez has a Doctor in Medicine degree, a Ph.D. in Experimental Medicine and Biochemistry from McGill University, and completed a Post-Doctoral Fellowship at the Karolinska Institute in Stockholm, Sweden. He has published scientific manuscripts in oncology, virology, and immunology.

What is Dr. Cosme Ordoñez's recent role before joining Dominari Securities LLC?

Before joining Dominari Securities LLC, Dr. Ordoñez served as Senior Managing Director, Investment Banking at Aegis Capital in its private equity group.

What are Dr. Cosme Ordoñez's licenses?

Dr. Cosme Ordoñez currently holds Series 79, 7, 86, and 87 FINRA licenses.

What is Dr. Cosme Ordoñez's experience in investment banking?

Dr. Cosme Ordoñez has over 20 years of experience in investment banking, with roles including lead investment banker in multiple transactions, deal origination, due diligence, corporate finance advisory, and valuation modeling.