SLMT · Brera Holdings PLC

Brera Holdings PLC (d/b/a Solmate Infrastructure) announced a 1-for-10 reverse share split of its Class B ordinary shares, effective for trading on May 14, 2026. The split was approved by the board on May 1, 2026 and by shareholders at an extraordinary general meeting on April 7, 2026. The company's shares will continue trading on Nasdaq under the symbol SLMT. The reverse split reduces outstanding shares from approximately 83,874,383 to 8,387,438, with no fractional shares issued; fractional entitlements will be aggregated and sold. The split is intended to help the company regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1 per share. Equiniti Trust Company is the transfer agent. Shareholders holding shares electronically need not take any action. The company also noted that the split will proportionally adjust equity awards, warrants, and convertible preferred shares. This corporate action is a direct response to a listing deficiency and is critical for maintaining Nasdaq listing.