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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 to meet Nasdaq's minimum bid price requirement, effective June 26, 2025, reducing share count and increasing 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 by reducing the number of shares outstanding and increasing the nominal value per share.

When will the reverse share split take effect?

The reverse share split is scheduled to take effect on June 26, 2025.

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

The split will reduce 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, shareholders are not required to take any action as a result of the reverse share split.

What happens to fractional shares as a result of the reverse share split?

Fractional shares will be rounded up following the reverse share split.

Where can I find more information about Brera Holdings PLC?

More information about Brera Holdings PLC can be found on the company’s website at www.BreraHoldings.com or in 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 to increase opportunities for tournament prizes, sponsorships, and capital appreciation.

Who approved the reverse share split?

The reverse share split was approved by Brera Holdings PLC’s shareholders and board.

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