Company: SLMT
Filing Date: 2025-11-18
Form Type: 424B5
Source: 0001213900-25-112135
Chunk: 24

Company: Brera Holdings PLC
Filing Date: 2025-11-18
Form: 424B5
Chunk 24
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 | $                   |  21,514 |   |     | $         | 292,231 |   |     | $           | 390,731 |   |

The above table is based on 1,825,921 Class B
Ordinary Shares outstanding as of June 30, 2025, and excludes, as of such date:

| ● | 10,500 Class B Ordinary Shares issuable upon exercise of warrants outstanding held by the representative of the underwriters in the Company’s initial public offering, at a weighted-average exercise price of $50.00 per share; |

| ● | 10,745 Class B Ordinary Shares issuable upon exercise of warrants outstanding held by the Company’s legacy shareholders, at a weighted-average exercise price of $13.50 per share; |
| ● | 16,000 Class B Ordinary Shares issuable upon conversion of shares of Series A preferred stock outstanding, at a weighted-average conversion price of $6.25 per share; and          |
| ● | 5,000,000 Class B Ordinary Shares reserved for future issuance under our 2022 Equity Incentive Plan, as amended.                                                                   |

Unless otherwise stated,
outstanding share information throughout this prospectus supplement excludes such outstanding securities and assumes no exercise, conversion
or vesting, as applicable, of the outstanding securities described above.

<div align='center'>S-13

DILUTION</div>

Our net tangible book value was approximately
$(18.9) million, or approximately $(10.35) per Class B Ordinary Share, as of June 30, 2025. Our net tangible book value represents the
amount of our total consolidated tangible assets (which is calculated by subtracting intangible assets, goodwill and deferred tax assets
from our total consolidated assets), less the amount of our total consolidated liabilities. Dilution is determined by subtracting pro
forma as adjusted net tangible book value per Class B Ordinary Share as of June 30, 2025 from the assumed offering price of $7.79 per
share, which was the last reported sale price of our Class B Ordinary Shares on Nasdaq on November 12, 2025.

After giving effect to the net issuance of an
aggregate of 80,168,844 Class B Ordinary Shares in various transactions after June 30, 2025 for aggregate net cash proceeds of approximately
$271 million (the “Pro Forma Adjustments”), our pro forma net tangible book value as of June 30, 202