secwatch.observer — SEC 8-K summary
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Issuer:     Dominari Holdings Inc. (DOMH)
CIK:        0000012239
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001013762-23-004497
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dominari Holdings adopts poison pill rights plan to protect net operating loss carryforwards
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- One Right distributed per common share for holders of record as of September 22, 2023; exercise price of $5.00 per one one-thousandth of Series Q Preferred Stock.
- Rights become exercisable if a person or group acquires beneficial ownership of 4.99% or more of common stock.
- Initial expiration on October 11, 2024; board may renew for up to two additional 12-month periods through October 11, 2026, subject to stockholder approval.
- Plan designed to deter an 'ownership change' under Section 382 of the Internal Revenue Code that would limit use of NOLs.
- Board may redeem Rights at $0.0001 per Right at any time before a person becomes an Acquiring Person.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12239/000101376223004497/0001013762-23-004497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12239/000101376223004497/ea186844-8k_dominari.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-004497

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