Company: SLMT
Filing Date: 2025-11-19
Form Type: F-3ASR
Source: 0001213900-25-112727
Chunk: 25

Company: Brera Holdings PLC
Filing Date: 2025-11-19
Form: F-3ASR
Chunk 25
---
, could, among other things, have the effect of delaying, deferring or preventing a change in control of our company and might adversely affect the market price of our ordinary shares and the voting and other rights of the holders of ordinary shares.

<div align='center'>10</div>

Our board of directors has designated the Series
A Preferred Shares and the Series B Preferred Shares (together, the “Designated Preferred Shares”). The voting rights of the
Designated Preferred Shares are limited to protective provisions, requiring consent for issuance of senior securities and material adverse
amendments. The Designated Preferred Shares rank senior to our ordinary shares in the event of our liquidation, dissolution or winding-up
or other distribution of our assets among our shareholders and the holders are entitled to receive an amount per share equal to the original
issue price plus any accrued but unpaid dividends before any distribution to the holders of our ordinary shares. The holders of Designated
Preferred Shares are entitled to receive dividends as and when recommended and declared by our board of directors or declared by our shareholders
on a pari passu basis with our ordinary shares according to the number of Class B Ordinary Shares then issuable to such holders upon conversion
of the Designated Preferred Shares. Each Designated Preferred Share is convertible into 0.8 Class B Ordinary Shares at the option of the
holder, subject to adjustment as described in its respective certificate of designation. The Series A Preferred Shares are redeemable
by us, commencing on the first anniversary of the original issue date, at 150% of the original issue price, payable in cash or Class B
Ordinary Shares. The Series B Preferred Shares are not redeemable by us. As of November 17, 2025, there were 20,000 shares of Series A
Preferred Stock (convertible into 16,000 Class B Ordinary Shares) outstanding. There are no shares of Series B Preferred Stock outstanding.

Warrants

As of November 17, 2025, the Company had the following
outstanding warrants:

| ● | PIPE Common Warrants, exercisable                                                                                                
 for 66,666,668 Class B Ordinary Shares at an exercise price of $6.75 per share for three years following their initial issuance. |

| ● | PIPE Pre-Funded Warrants,                                                                  
 exercisable for 5,161,152 Class B Ordinary Shares at an exercise price of $0.05 per share. |

| ● | Strategic Advisor Pre-Funded                                                                                                                             
 Warrants, exercisable