Brera Holdings Announces Reverse Share Split to Regain Compliance with Nasdaq’s Minimum Bid Price Rule
Brera Holdings (NASDAQ:BREA), an Ireland-based international sports club holding company, has announced a 1-for-10 reverse share split effective June 26, 2025. The split aims to regain compliance with Nasdaq's minimum bid price requirement for continued listing.
The reverse split will consolidate Class A Ordinary Shares from approximately 6.34 million to 633,800 shares and Class B Ordinary Shares from about 17.81 million to 1.78 million shares. The company's board approved the split on May 21, with shareholder approval obtained on June 14, 2025. The nominal value per share will increase from $0.005 to $0.05, and fractional shares will be rounded up to the nearest whole share.
Brera Holdings (NASDAQ:BREA), una società irlandese che gestisce club sportivi internazionali, ha annunciato un split azionario inverso 1-per-10 con effetto dal 26 giugno 2025. L'operazione mira a ristabilire la conformità al requisito minimo di prezzo per azione imposto da Nasdaq per il mantenimento della quotazione.
Lo split inverso comporterà la concentrazione delle Azioni Ordinarie Classe A da circa 6,34 milioni a 633.800 azioni e delle Azioni Ordinarie Classe B da circa 17,81 milioni a 1,78 milioni di azioni. Il consiglio di amministrazione ha approvato l'operazione il 21 maggio, mentre l'approvazione degli azionisti è stata ottenuta il 14 giugno 2025. Il valore nominale per azione aumenterà da 0,005 a 0,05 dollari, e le azioni frazionarie saranno arrotondate all'azione intera più vicina.
Brera Holdings (NASDAQ:BREA), una empresa irlandesa que posee clubes deportivos internacionales, ha anunciado un split inverso de acciones 1 por 10 con vigencia a partir del 26 de junio de 2025. Esta medida busca cumplir nuevamente con el requisito mínimo de precio por acción de Nasdaq para mantener la cotización.
El split inverso consolidará las Acciones Ordinarias Clase A de aproximadamente 6,34 millones a 633.800 acciones y las Acciones Ordinarias Clase B de alrededor de 17,81 millones a 1,78 millones de acciones. La junta directiva aprobó el split el 21 de mayo, y la aprobación de los accionistas se obtuvo el 14 de junio de 2025. El valor nominal por acción aumentará de $0,005 a $0,05, y las acciones fraccionarias se redondearán al número entero más cercano.
Brera Holdings (NASDAQ:BREA)는 아일랜드에 본사를 둔 국제 스포츠 클럽 지주회사로, 2025년 6월 26일부터 1대 10 역병합 주식 분할을 실시한다고 발표했습니다. 이번 분할은 나스닥 상장 유지에 필요한 최소 입찰 가격 요건을 충족하기 위한 조치입니다.
역병합으로 클래스 A 보통주는 약 634만 주에서 63만 3,800주로, 클래스 B 보통주는 약 1,781만 주에서 178만 주로 통합됩니다. 이 분할은 5월 21일 이사회에서 승인되었으며, 주주 승인도 2025년 6월 14일에 받았습니다. 주당 액면가는 $0.005에서 $0.05로 인상되며, 소수 주식은 가장 가까운 정수 주식으로 반올림됩니다.
Brera Holdings (NASDAQ:BREA), une société holding internationale de clubs sportifs basée en Irlande, a annoncé une fusion inversée d’actions au ratio de 1 pour 10 effective à partir du 26 juin 2025. Cette opération vise à retrouver la conformité avec l’exigence minimale de prix par action de Nasdaq pour le maintien de la cotation.
La fusion inversée consolidera les actions ordinaires de classe A d’environ 6,34 millions à 633 800 actions et les actions ordinaires de classe B d’environ 17,81 millions à 1,78 million d’actions. Le conseil d’administration a approuvé cette opération le 21 mai, et l’approbation des actionnaires a été obtenue le 14 juin 2025. La valeur nominale par action passera de 0,005 $ à 0,05 $, et les fractions d’actions seront arrondies à l’action entière la plus proche.
Brera Holdings (NASDAQ:BREA), ein in Irland ansässiges internationales Sportclub-Holdingunternehmen, hat eine 1-zu-10 Reverse-Aktienzusammenlegung angekündigt, die am 26. Juni 2025 wirksam wird. Ziel der Zusammenlegung ist es, die Einhaltung der Mindestgebotspreisvorgabe der Nasdaq für die fortgesetzte Notierung wiederherzustellen.
Die Reverse-Split wird die Stammaktien der Klasse A von etwa 6,34 Millionen auf 633.800 Aktien und die Stammaktien der Klasse B von etwa 17,81 Millionen auf 1,78 Millionen Aktien konsolidieren. Der Vorstand des Unternehmens genehmigte die Zusammenlegung am 21. Mai, die Zustimmung der Aktionäre wurde am 14. Juni 2025 eingeholt. Der Nennwert pro Aktie steigt von 0,005 $ auf 0,05 $, und Bruchteile von Aktien werden auf die nächste ganze Aktie aufgerundet.
- Potential to regain compliance with Nasdaq's minimum bid price requirement
- No loss of fractional shares as they will be rounded up to the nearest whole share
- Shareholder approval already obtained for the reverse split
- Significant reduction in total outstanding shares could impact stock liquidity
- Reverse splits are often viewed negatively by the market as a sign of company distress
- Current trading price implies non-compliance with Nasdaq listing requirements
Insights
Brera's 1-for-10 reverse split aims to maintain Nasdaq listing but signals underlying share price weakness without addressing fundamental business issues.
Brera Holdings' announced 1-for-10 reverse share split is a defensive financial maneuver primarily designed to regain compliance with Nasdaq's minimum bid price requirement. This consolidation will reduce outstanding Class A shares from approximately 6.34 million to 633,800 and Class B shares from 17.81 million to 1.78 million while increasing the nominal value from $0.005 to $0.05 per share.
Reverse splits are typically implemented when companies face potential delisting due to prolonged trading below Nasdaq's $1 minimum bid requirement. While the mechanical effect will be an immediate proportional increase in share price, this action does not create any fundamental value or improve underlying business performance.
The timing is particularly telling - with the split taking effect June 26th, Brera is likely operating near a compliance deadline. The unanimous approval from both board and shareholders (May 21 and June 14 respectively) suggests recognition of the urgency in maintaining the Nasdaq listing, which provides liquidity, visibility, and credibility benefits.
For existing shareholders, while their ownership percentage remains unchanged, the psychological impact of holding fewer shares often creates negative market sentiment. Historically, companies implementing reverse splits frequently experience post-split price erosion as the market reassesses fundamental valuation concerns that necessitated the action in the first place.
Notably absent from this announcement is any discussion of operational improvements or strategic initiatives to address whatever underlying issues led to the depressed share price. This technical solution without substantive business plans raises questions about Brera's path to sustainable compliance.
Dublin, Ireland, June 24, 2025 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings” or the “Company”) (Nasdaq: BREA), an Ireland-based international holding company focused on expanding its global portfolio of men’s and women’s sports clubs through a multi-club ownership (“MCO”) strategy, today announced a 1-for-10 reverse share split (the “Reverse Share Split”) of the Company’s ordinary shares, wherein the 50,000,000 Class A Ordinary Shares of nominal value
The Company’s board of directors approved the Reverse Share Split on May 21, 2025, and the Company obtained shareholder approval for the Reverse Share Split at an extraordinary general meeting on June 14, 2025.
The Company’s Class B Ordinary Shares will continue to trade on The Nasdaq Capital Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “BREA” and will begin trading on a split-adjusted basis when the market opens on Thursday, June 26, 2025. The new CUSIP number for the Company’s Class B Ordinary Shares following the Reverse Share Split will be G13311116.
The Reverse Share Split is intended to enable the Company to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.
The Reverse Share Split will adjust the number of issued and outstanding Class A Ordinary Shares from approximately 6,338,000 shares to approximately 633,800 shares and the number of issued and outstanding Class B Ordinary Shares from approximately 17,809,074 shares to approximately 1,780,908 shares (subject to adjustment due to the effect of rounding up fractional shares into whole shares). Every 10 issued and outstanding ordinary shares of the Company as of the effective time will be consolidated into one ordinary share. In addition, the Reverse Share Split will effect a reduction in the number of shares issuable pursuant to the Company’s equity awards, warrants, and convertible preferred shares outstanding as of the effective time of the Reverse Share Split with a corresponding increase in the exercise or conversion price per share. In connection with the Reverse Share Split, the Company will adopt a new constitution to reflect the adjustment of the number of authorized ordinary shares and the nominal value of the ordinary shares. The other terms of the Company’s ordinary shares are not affected by the Reverse Share Split.
No fractional shares will be issued in connection with the Reverse Share Split. Fractional shares resulting from the Reverse Share Split will be rounded up to the nearest whole share. Equiniti Trust Company, LLC is acting as transfer and exchange agent for the Reverse Share Split. Registered shareholders are not required to take any action to receive post-Reverse Share Split shares. Shareholders who are holding their shares in electronic form at brokerage firms need not take any action as the effect of the Reverse Share Split will automatically be reflected in their brokerage accounts.
Additional information about the Reverse Share Split can be found in the Company’s Reports on Form 6-K filed with the Securities and Exchange Commission (the “SEC”) on May 23, 2025 and June 24, 2025, which are available free of charge at the SEC’s website, www.sec.gov, and on the Company’s website at www.breraholdings.com.
About Brera Holdings PLC
Brera Holdings PLC (Nasdaq: BREA) is dedicated to expanding its social impact football business by developing a global portfolio of emerging football and sports clubs. Building on the legacy of Brera FC, which it acquired in 2022, the Company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services. Brera FC, recognized as “The Third Team of Milan,” has been crafting an alternative football legacy since its founding in 2000. The club also organizes the FENIX Trophy, a nonprofessional pan-European tournament acknowledged by UEFA. This tournament, which has been referred to as “the Champions League for Amateurs” by BBC Sport, has garnered significant media coverage, including from ESPN.
In its efforts to broaden its reach, Brera expanded into Africa in March 2023 by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division after winning its post-season tournament. In April 2023, the Company acquired a
On December 31, 2024, Brera executed an agreement to acquire majority stake of the corporate capital of S.S. Juve Stabia srl, the company which manages the Italian Serie B football club Juve Stabia, also known as “The Second Team of Naples”. The acquisition of Brera’s
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company’s ability to continue as a going concern, the popularity and/or competitive success of the Company’s acquired football and other sports teams, the Company’s ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company’s ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.
Company Contact Information:
Brera Holdings PLC
Dan McClory, Executive Chairman
Email: dan@breraholdings.com
Pietro Bersani, Chief Executive Officer and Chief Financial Officer
Email: pietro@breraholdings.com
FAQ
What is the ratio of Brera Holdings (BREA) reverse stock split and when is it effective?
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Why is Brera Holdings (BREA) conducting a reverse stock split?
What happens to fractional shares in BREA's reverse stock split?
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