Brera Holdings PLC announced on June 24, 2025, a 1-for-10 reverse share split of the company’s ordinary shares. The board of directors approved this action on May 21, 2025, and shareholders provided their approval at an extraordinary general meeting on June 14, 2025.
The reverse share split is intended to enable Brera Holdings to regain compliance with the minimum bid price requirement for continued listing on Nasdaq. The company's Class B Ordinary Shares will begin trading on a split-adjusted basis when the market opens on Thursday, June 26, 2025.
The reverse split will consolidate approximately 6,338,000 Class A Ordinary Shares into 633,800 shares and approximately 17,809,074 Class B Ordinary Shares into 1,780,908 shares. This action is a necessary step to maintain the company's Nasdaq listing and ensure continued access to public capital markets.
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