Company: SLMT
Filing Date: 2025-11-19
Form Type: F-3ASR
Source: 0001213900-25-112727
Chunk: 23

Company: Brera Holdings PLC
Filing Date: 2025-11-19
Form: F-3ASR
Chunk 23
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 have 1,444,447 Class B Ordinary Shares available shares to be issued. We cannot predict the effect, if any, that market sales of Class B Ordinary Shares or the availability of Class B Ordinary Shares for sale will have on the market price of our Class B Ordinary Shares prevailing from time to time. Sales of substantial amounts of Class B Ordinary Shares in the public market, or the perception that those sales will occur, could cause the market price of our Class B Ordinary Shares.

We do not expect to pay dividends in the foreseeable future.

In the past, we have not paid dividends on our Class B Ordinary Shares. We do not currently intend to pay dividends on our Class B Ordinary Shares and we intend to retain our future earnings, if any, to fund the development and growth of our business. In addition, the terms of future debt agreements may preclude us from paying dividends. As a result, capital appreciation, if any, of our Class B Ordinary Shares may be your sole source of gain for the foreseeable future.

<div align='center'>9

USE OF PROCEEDS</div>

We will not receive any of the proceeds from the sale of the Securities
by any Selling Securityholder. However, we will receive up to approximately $461,674,735 in gross proceeds if the PIPE Common Warrants,
PIPE Pre-Funded Warrants, Strategic Advisor Warrants and the warrants related to the Legacy Warrant Shares are exercised in full (assuming
no cashless exercise, as applicable). We intend to use the net proceeds from such exercises for working capital and other general corporate
purposes and the pursuit of our new Treasury Policy. We may also use such proceeds to fund acquisitions of businesses, assets or technologies
that complement our current business. Our management will retain broad discretion over the allocation of the net proceeds from the exercise
of warrants, if any.

<div align='center'>DIVIDEND POLICY</div>

We have never declared or paid cash dividends on our ordinary shares. We currently intend to retain all available funds and any future earnings for use in the operation of our business and do not anticipate paying any cash dividends in the near future. We may also enter into credit agreements or other borrowing arrangements in the future that will restrict our ability to declare or pay cash dividends. Any future determination to declare dividends will be made at the discretion of our board of directors and will depend on our financial condition, operating results, capital requirements, contractual restrictions, general business conditions and other factors that our board of directors may deem relevant, and will