[SCHEDULE 13D/A] Brera Holdings PLC SEC Filing
XX Settembre Holding has filed Amendment No. 1 to Schedule 13D regarding its ownership in Brera Holdings PLC. The amendment discloses significant changes in ownership structure following a series of transactions involving Juve Stabia football club.
Key transaction details:
- On June 20, 2025, Brera Holdings executed a final closing memorandum to increase its stake in Juve Stabia to 52% of outstanding shares
- Final stake purchase price: €2.25 million (€1.25M cash + €1M in Class B Ordinary Shares)
- Brera issued 1.8 million Class B Ordinary Shares to XX Settembre Holding
XX Settembre Holding now beneficially owns 7.4 million shares representing 41.7% of Brera Holdings, consisting of 4.2M shares with sole voting power and 3.2M shares with shared voting power through Juve Stabia. This amended filing updates the original Schedule 13D filed on January 17, 2025.
- Brera Holdings increased its ownership stake in Juve Stabia to 52% from 38.46% through a significant acquisition worth EUR2.25M
- The transaction structure demonstrates financial flexibility with mixed payment (EUR1.25M cash + EUR1.8M in shares)
- The deal represents a strategic majority control acquisition, moving from minority to controlling stake
- The issuance of 1,800,000 new Class B Ordinary Shares represents potential dilution for existing shareholders
- Significant cash outlay of EUR1.75M (EUR500,000 + EUR1.25M) may impact company's liquidity