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FAQ on Brera Holdings PLC's 1-for-10 Reverse Share Split to Regain Nasdaq Compliance

FaqStaq News - Just the FAQs • June 24, 2025
By FAQstaq Staff
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FAQ on Brera Holdings PLC's 1-for-10 Reverse Share Split to Regain Nasdaq Compliance

Summary

Brera Holdings PLC announces a 1-for-10 reverse share split effective June 26, 2025, to meet Nasdaq's minimum bid price requirement, reducing the number of shares and increasing their nominal value without requiring shareholder action.

What is the purpose of Brera Holdings PLC’s reverse share split?

The reverse share split is intended to help Brera Holdings PLC meet Nasdaq’s minimum bid price requirement, ensuring the company remains compliant with Nasdaq listing standards.

When will the reverse share split take effect?

The reverse share split will take effect on June 26, 2025.

How will the reverse share split affect the number of shares and their value?

The split will reduce the number of Class A shares from approximately 6.3 million to 633,800 and Class B shares from 17.8 million to 1.78 million, while increasing the nominal share value from $0.005 to $0.05.

Do shareholders need to take any action due to the reverse share split?

No shareholder action is required; fractional shares will be rounded up automatically.

Where can I find more information about Brera Holdings PLC?

For more information, visit the company’s website at www.BreraHoldings.com or the company’s newsroom at http://ibn.fm/BREA.

What is Brera Holdings PLC’s business focus?

Brera Holdings PLC is focused on expanding its social impact football (soccer) business by developing a global portfolio of emerging football and other sports clubs, aiming to increase opportunities for tournament prizes, sponsorships, and capital appreciation.

Why is the reverse share split significant for investors?

The reverse share split is significant as it aims to maintain Brera Holdings PLC’s listing on Nasdaq, which can affect the stock’s liquidity, visibility, and attractiveness to investors.

How can I stay updated on Brera Holdings PLC’s latest news?

The latest news and updates relating to BREA are available in the company’s newsroom at http://ibn.fm/BREA.

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