Brera Holdings PLC Announces 1-for-10 Reverse Share Split to Regain Nasdaq Compliance
Brera Holdings PLC (NASDAQ: BREA), an Ireland-based 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, effective 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, approved by shareholders and the board, 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 increasing the nominal share value from $0.005 to $0.05.
The implications of this announcement are significant for investors and the company alike. By consolidating shares, Brera Holdings aims to enhance the stock’s marketability and appeal to a broader range of investors, potentially leading to increased liquidity and a more stable stock price. This move is a critical step in the company’s broader strategy to strengthen its financial foundation and pursue growth opportunities in the global sports industry, particularly in football (soccer) and other sports clubs. The company’s focus on social impact through sports underscores its commitment to not only financial success but also contributing positively to communities worldwide.
For more details on the reverse share split and its implications, investors are encouraged to review the full press release available here. This development marks a pivotal moment for Brera Holdings as it seeks to navigate the challenges of the public market while advancing its ambitious goals in the sports sector.
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