Dominari Securities Leads $40 Million Public Offering Providing Continued Capital Markets Support to Established Client, Unusual Machines

About this update from Unusual Machines, Inc.

[{"type":"text","content":"NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Dominari Securities LLC, a wholly owned subsidiary of Dominari Holdings Inc. (Nasdaq:DOMH), today announced it served as the exclusive placement agent successfully leading the placement of a $40 million public offering for Unusual Machines, Inc. (NYSE American:UMAC), an existing client.","length":334,"tagName":"p"},{"type":"text","content":""We are honored to continue to support Unusual Machines as they scale and innovate in the rapidly growing American drone sector," said Kyle Wool, CEO of Dominari Securities LLC. "At Dominari, we are focused on helping build great American companies by combining smart capital solutions with strategic insight and long-term vision. Our relationship with Unusual Machines reflects our commitment to creating lasting value both for our clients and our shareholders."","length":483,"tagName":"p"},{"type":"text","content":"This transaction builds on Dominari's deep relationship with Unusual Machines. Principals of Dominari were founding shareholders of the company raising $2.08 million in a pre-IPO round and leading its successful $5 million IPO on the NYSE American. Subsequently, Dominari acted as the exclusive placement agent for a private placement in October 2024, which generated approximately $1.96 million in gross cash proceeds. Now, the company lead this $40 million public offering, further demonstrating its long-term commitment to its client and capital markets leadership.","length":572,"tagName":"p"},{"type":"text","content":"Unusual Machines, a leading U.S.-based manufacturer and distributor of drone components, priced its offering of 8,000,000 shares of common stock at $5.00 per share. The offering closed on May 7, 2025, subject to customary closing conditions. The company intends to use the net proceeds to accelerate the completion of its Orlando, Florida drone motor facility and support general corporate purposes, including working capital.","length":426,"tagName":"p"},{"type":"text","content":"Dominari Securities LLC's Mission Statement:","length":48,"tagName":"p"},{"type":"text","content":"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 fina...

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