Auditor Dismissed Amidst Persistent Material Weaknesses in Internal Controls; New Firm Appointed
DOMH is trading near its 52-week low of $2.685 (9.1% above the low) on light trading volume (0.3× avg).
Summary
Dominari Holdings Inc. changed its auditor for the second time in a year, disclosing multiple material weaknesses in internal controls over financial reporting.
Key Events · Corporate Governance and Compliance · DOMH
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Auditor Dismissal
On June 24, 2026, Dominari Holdings Inc. dismissed CBIZ CPAs P.C. as its independent registered public accounting firm.
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New Auditor Appointed
Grassi & Co., CPAs, P.C. was engaged on June 24, 2026, to serve as the new independent registered public accounting firm for the fiscal year ending December 31, 2026.
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Persistent Material Weaknesses
The dismissal was accompanied by a disclosure of ongoing material weaknesses in internal control over financial reporting, including lack of personnel, insufficient review, lack of segregation of duties, IT control deficiencies, and inadequate documentation.
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Repeated Auditor Changes
This is the second auditor change for the company in a short timeframe, with CBIZ CPAs having been appointed in April 2025 after the dismissal of Marcum LLP.
Analysis · DOMH · Trade & Services
Dominari Holdings Inc. has dismissed its independent registered public accounting firm, CBIZ CPAs P.C., and appointed Grassi & Co., CPAs, P.C. This marks the second auditor change in a short period, following the dismissal of Marcum LLP in April 2025. The dismissal comes with a disclosure of multiple material weaknesses in internal controls over financial reporting, including issues with personnel, review processes, segregation of duties, IT controls, and documentation. For a company of this size, repeated auditor changes and fundamental control deficiencies raise significant concerns about the reliability of financial reporting and overall corporate governance, posing a substantial risk to investor confidence.
How filings like this one have moved
In the 30 days to Oct 17, 2026, 44.5% of the 299 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.30%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, DOMH was trading at $2.93 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $66.3M. The 52-week trading range was $2.69 to $8.40. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.