Company: SLMT
Filing Date: 2025-05-28
Form Type: 20-F/A
Source: 0001213900-25-048029
Chunk: 89

Company: Brera Holdings PLC
Filing Date: 2025-05-28
Form: 20-F/A
Chunk 89
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180-day period, through July 14, 2025, to evidence compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). We intend to monitor its stock price and to consider all available options to regain compliance with the Rule prior to July 14, 2025, including via implementation of a reverse stock split. On February 7, 2025, February 12, 2025, February 21, 2025, March 6, 2025, March 21, 2025, March 27, 2025, and March 31, 2025, we completed additional closings of our Series A Preferred Shares financing, raising aggregate gross proceeds of $ 932,000through the issuance of 186,400Series A Preferred Shares at an offering price of $ 5.00per share, bringing the total sold to date to 731,400shares and $ 3,657,000raised, from 35 accredited investors. On February 21, 2025, Pierre Galoppi gave written notice of his resignation from our board of directors effective immediately. Mr. Galoppi will continue to serve as our Chief Executive Officer and Interim Chief Financial Officer. On March 6, 2025, we issued 100,000Class B Ordinary Shares under the 2022 Plan to a member of our Advisory Board. On March 31, 2025, we issued an aggregate of 500,000Class B Ordinary Shares under the 2022 Plan to members of our Advisory Board. On March 31, 2025, a nonbinding UYBA split project was approved, which provides for the division of the management of the sports facility and sports management. The split does not produce deferred legal effects and no retroactive accounting registration. It will take effect from June 5, 2025, which is 60 days after its registration in the Milan Chamber of Commerce register on April 3, 2025, unless the Company decides not to continue with the split. F-51