Brera Holdings PLC announced on February 7, 2025, that it received a formal notice from The Nasdaq Stock Market LLC on February 3, 2025. The notice indicated that the company does not satisfy the annual meeting requirement set forth in Nasdaq Listing Rule 5620(a).
The deficiency arose because Brera Holdings did not hold an annual meeting of shareholders within twelve months of the end of its previous fiscal year, which concluded on December 31, 2023. This non-compliance requires immediate attention to maintain its Nasdaq listing.
In response, Brera Holdings has been given 45 calendar days, until March 20, 2025, to submit a plan to regain compliance with the Annual Meeting Rule. The company stated its intention to hold an annual meeting of shareholders within March 2025 to resolve the issue.
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