Brera Holdings PLC Announces 1-for-10 Reverse Share Split to Regain Nasdaq Compliance

Brera Holdings PLC (NASDAQ: BREA), an international holding company with a focus on a multi-club ownership strategy in global sports, has announced a 1-for-10 reverse share split of its Class A and Class B ordinary shares. This strategic move, set to take effect on June 26, 2025, is designed to comply with Nasdaq's minimum bid price requirement, ensuring the company's continued listing on the exchange. The reverse split will adjust the number of Class A shares from approximately 6.3 million to 633,800 and Class B shares from 17.8 million to 1.78 million, while the nominal value per share will increase from $0.005 to $0.05. Shareholders will not need to take any action as fractional shares will be rounded up.

The decision, which received approval from both the company's shareholders and board, underscores Brera Holdings' commitment to maintaining its Nasdaq listing, a critical factor for investor confidence and access to capital markets. The company's strategy revolves around expanding its portfolio of emerging football and other sports clubs globally, aiming to capitalize on tournament prizes, sponsorships, and consulting services to drive growth and capital appreciation. For more details on the announcement, visit https://ibn.fm/8zfhP.