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Analysis: The Trump Brothers and Tron "Reverse Merger" Deal Facilitator Dominari Have Potential Interests Tied

4 hours ago

On June 18th, it was made public that yesterday Tron disclosed plans to go public by means of a reverse merger with the Nasdaq-listed company SRM Entertainment, and a new company named Tron Inc. was formed. This transaction was mediated by the investment bank Dominari Securities. Although Eric Trump, the younger son of Donald Trump, clarified in a subsequent post that he would not hold any position in the new company listed through Tron's "reverse merger", both Donald Trump Jr., the elder son, and Eric Trump have financial links with Dominari Securities, the broker of this deal. According to a report by Forbes in April, both Trump sons joined the advisory board of Dominari Holdings, the parent company of Dominari Securities, which is based in Trump Tower. As a result, each of them was granted 750,000 shares in the company. At that time, these shares were valued at approximately $3 million. They immediately received 250,000 shares upon joining, and an additional 500,000 shares would be awarded when the company reached certain milestones. If Dominari Holdings achieves further milestones, the Trump brothers, along with advisory board members and Trump Organization executive Ron Lieberman, could collectively receive an additional 550,000 shares. Representatives for Donald Trump Jr., Eric Trump, and Dominari Holdings did not respond to requests for comment previously.
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