Company: SLMT
Filing Date: 2025-09-26
Form Type: 6-K
Source: 0001213900-25-091823
Chunk: 1

Company: Brera Holdings PLC
Filing Date: 2025-09-26
Form: 6-K
Chunk 1
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 Warrants issued in the PIPE Offering are exercised in full at an exercise
price of $0.05 per share. Each PIPE Investor’s ability to exercise its PIPE Pre-Funded Warrants and PIPE Common Warrants, as applicable,
in exchange for Class B Ordinary Shares is subject to certain beneficial ownership limitations set forth therein.

The aggregate gross proceeds
for the PIPE Offering is approximately $300 million, which amount was paid in cash, USD Coin, Tether, or SOL, the native cryptocurrency
of Solana, a blockchain ecosystem, or a combination thereof.

Cantor Fitzgerald &
Co. acted as exclusive financial advisor and sole placement agent in connection with the PIPE Offering.

The Company intends to
direct a portion of the funds secured into revenue-generating crypto infrastructure projects in the UAE, the first of which will be bare
metal servers in Abu Dhabi configured to outperform typical DAT validator strategies.

In connection with the
PIPE Offering, the Company entered into certain agreements and certain actions occurred as described below.

Strategic Advisor Agreement

On September 18, 2025 (the “Effective Date”), the
Company entered into a Strategic Advisor Agreement (the “Strategic Advisor Agreement”) with certain strategic advisors (the
“Strategic Advisors”), pursuant to which the Strategic Advisors will provide the Company with strategic advice and guidance
relating to the Company’s business, operations and growth initiatives, and industry trends in the crypto technology sector (the
“Services”). In return for their Services, the Strategic Advisors will receive the following from the Company.

| (i) | cash compensation equal to 1% per annum of the                                                                                          
 amount of the Company’s SOL Assets Under Management (“SOL AUM”) (as determined in accordance with the provisions of                     
 the Strategic Advisor Agreement) as of the anniversary date of the Effective Date of the applicable year, up to $1,000,000,000 of SOL   
 AUM, and 0.5% per annum of the amount by which the Company’s SOL AUM as of the anniversary date of the Effective Date of the applicable 
 year exceeds $1,000,000,000;                                                                                                            |

| (ii) | pre-funded warrants (the “Strategic Advisor                                                                                      
 Pre-Funded Warrants”) to purchase a number of Class B Ordinary Shares equal to 10.0% of the aggregate number of Class B Ordinary 
 Shares and pre-funded warrants issued pursuant to the Securities Purchase Agreements (the “Strategic Advisor Pre-Funded Warrant  
 Shares”);                                                                                                                        |