STOCK TITAN

Brera Holdings (SLMT) reshapes board as key investor group exits

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Brera Holdings PLC (SLMT) received an amended Schedule 13D/A from Keren Kalima Maimon regarding Class B Ordinary Shares. Maimon reports beneficial ownership of 2,037,207 Class B shares, representing 2.9% of the class, with sole voting and dispositive power. The amendment reflects a September 23, 2025 private investment in public equity (PIPE), related warrant issuances, and a Strategic Advisor Agreement and Warrant Purchase Agreement under which several individuals, including Maimon, received and purchased warrants. On the Event Date, four of these individuals were appointed as directors. The prior Schedule 13D "group" among the reporting persons was dissolved, and each now beneficially owns less than 5% of Brera’s outstanding Class B shares; this filing is described as an exit filing for the former group. The amendment notes that share numbers do not reflect a 1-for-10 reverse share split of the Ordinary Shares on April 7, 2026.

Positive

  • None.

Negative

  • None.

Filing Explained

The amendment adds transaction-level detail: Maimon sold 9,861 Class B shares for approximately $308,311 and agreed to sell 44,444 shares plus 44,444 warrants to each of Almheiri and Alnuaimi for approximately $200,000 per transaction.

Beneficial ownership – Class B Ordinary Shares 2,037,207 shares Shares beneficially owned by Keren Kalima Maimon, with sole voting and dispositive power
Beneficial ownership percentage – Class B 2.9% Percent of Class B Ordinary Shares represented by Maimon’s beneficial ownership
Event Date September 23, 2025 Date of PIPE closing, Strategic Advisor and Warrant Purchase Agreements, and group dissolution
Sale by Mr. Hirsch 14,201 Ordinary Shares; approximately $476,886 proceeds Ordinary Shares sold by Mr. Hirsch within the periods referenced in Item 5(c)
Sale by Mr. Sade 21,164 Ordinary Shares; $740,740 proceeds Ordinary Shares sold by Mr. Sade within the periods referenced in Item 5(c)
Sale by Ms. Maimon 9,861 Ordinary Shares; approximately $308,311 proceeds Ordinary Shares sold by Ms. Maimon within the periods referenced in Item 5(c)
Transfers from Ms. Maimon to each of Ms. Almheiri and Mr. Alnuaimi 44,444 Ordinary Shares and 44,444 warrants; approximately $200,000 each Agreed sales of shares and warrants received in the PIPE to each buyer
Reverse share split ratio 1-for-10 Reverse share split of the Ordinary Shares on April 7, 2026; share numbers in the amendment do not reflect it
private investment in public equity ("PIPE") financial
"the Issuer completed a private investment in public equity ("PIPE") offering of securities"
A private investment in public equity (PIPE) is a deal where a public company sells new shares or similar securities directly to a small group of private investors, often at a discount, to raise cash quickly. It matters to investors because it provides an immediate funding boost but can reduce existing shareholders’ ownership percentage and may include extra rights like warrants, so it affects future share value and voting power much like taking a targeted loan paid in ownership.
Strategic Advisor Agreement financial
"entered into a Strategic Advisor Agreement with the Issuer on the Event Date"
Warrant Purchase Agreement financial
"the Strategic Advisors entered into a Warrant Purchase Agreement with the Issuer"
A warrant purchase agreement is a contract that sets the terms under which an investor buys warrants—securities that give the holder the right to buy a company's stock at a fixed price before a set expiration date. It spells out quantity, exercise price, expiration, transfer limits and any special protections, like registration or indemnity clauses. For investors, it matters because the agreement determines potential future ownership, dilution of existing shares, timing of cash flows and how easily those warrants can be converted or sold, similar to buying a coupon that can be turned into stock later under agreed rules.
beneficial owner financial
"each of the Reporting Persons has ceased to be the beneficial owner of more than 5%"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
reverse share split financial
"does not reflect the 1-for-10 reverse share split of the Ordinary Shares"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
Schedule 13D regulatory
"no longer members of a "group" for purposes of Regulation 13D solely with respect"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

What ownership in Brera Holdings PLC (SLMT) does Keren Kalima Maimon report in this Schedule 13D/A?

Keren Kalima Maimon reports beneficial ownership of 2,037,207 Class B Ordinary Shares of Brera Holdings PLC, representing 2.9% of that class, with sole voting and dispositive power over all of those shares.

Why is this Schedule 13D/A for Brera Holdings PLC (SLMT) characterized as an exit filing?

It is characterized as an exit filing because, as of the September 23, 2025 Event Date, each reporting person ceased to be part of a Section 13(d) "group" and each beneficially owns less than 5% of Brera’s outstanding Class B Ordinary Shares.

What PIPE transaction involving Brera Holdings PLC (SLMT) is described in the filing?

On September 23, 2025, Brera completed a private investment in public equity (PIPE) offering. Several individuals, including Maimon, participated as purchasers, funding their purchases with cash contributions. Additional details are described in Brera’s Form 6-K filed on September 26, 2025.

What board changes at Brera Holdings PLC (SLMT) are disclosed?

On the September 23, 2025 Event Date, Mr. Sade, Ms. Maimon, Ms. Almheiri and Mr. Alnuaimi were appointed to Brera’s Board of Directors. As directors, they may participate in decisions regarding corporate activities in the ordinary course of their duties.

What notable share and warrant transfers involving Brera Holdings PLC (SLMT) are reported?

The filing states that Ms. Maimon agreed to sell 44,444 Ordinary Shares and 44,444 warrants received in the PIPE to Ms. Almheiri for about $200,000, and another 44,444 Ordinary Shares and 44,444 warrants to Mr. Alnuaimi for about $200,000.

Does the Brera Holdings PLC (SLMT) filing mention any share split?

Yes. It notes that the share numbers in the amendment do not reflect a 1-for-10 reverse share split of Brera’s Ordinary Shares that occurred on April 7, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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G13311108

(CUSIP Number)
Keren Kalima Maimon
c/o Brera Holdings PLC Connaught House, 5th Floor One Burlington Road
Dublin 4, L2, D04 C5Y6
1 253-271-9108

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/23/2025

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
See Item 5 for additional information.


SCHEDULE 13D


Keren Kalima Maimon
Signature:/s/ Keren Kalima Maimon
Name/Title:Keren Kalima Maimon
Date:08/20/2026