Company: SLMT
Filing Date: 2025-01-07
Form Type: 6-K
Source: 0001213900-25-001619
Chunk: 1

Company: Brera Holdings PLC
Filing Date: 2025-01-07
Form: 6-K
Chunk 1
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,000 at each closing, using a combination of cash
and the issuance of Class B Ordinary Shares, $0.005 nominal value per share, of the Company (“Class B Ordinary Shares”), which
will be calculated using the exchange rate of $1.04 per €1.00. At the First Closing, the Company issued XX Settembre €1,000,000
in Class B Ordinary Shares at a price per share of $0.65. At each of the Second Closing and the Third Closing, the Company will pay XX
Settembre €500,000 in cash and issue €500,000 in Class B Ordinary Shares at a price per share equal to the volume-weighted average
price (“VWAP”) of the Class B Ordinary Shares, calculated over the 15 trading days immediately preceding the second business
day preceding the Second Closing and the Third Closing, respectively.

In addition, the Company will increase the share capital
of Juve Stabia by an aggregate amount of €1,500,000 at each closing. At the First Closing, the Company paid Juve Stabia €500,000
in cash and issued €1,000,000 in Class B Ordinary Shares at a price per share of $0.65. At the Second Closing, the Company will pay
Juve Stabia pay €500,000 in cash and issue €1,000,000 in Class B Ordinary Shares at a price per share equal to the VWAP of the
Class B Ordinary Shares, calculated over the 15 trading days immediately preceding the second business day preceding the Second Closing.
At the Third Closing, the Company will pay Juve Stabia €1,500,000 in cash.

Furthermore, the Agreement provides for bonus payments
of (i) €500,000 in Class B Ordinary Shares payable to XX Settembre if the Club accesses the promotion playoffs to Serie A in the
2024-25 season and (ii) €5,000,000 in Class B Ordinary Shares payable to XX Settembre if the Club is promoted to Serie A at the conclusion
of the 2024-25 season.

The Agreement contains customary
covenants including those as to due diligence, confidentiality, and representations and warranties of the Company and XX Settembre.

The Agreement is filed as Exhibit 1.1 to this report
on Form 6-K, and this description of the Agreement is qualified in its entirety by reference to such exhibit.

Issuance of Press