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Brera Holdings holder RBCH reports 18.33% stake

RBCH’s reported 18.33% beneficial ownership includes directly held shares and shares issuable under Common Warrants, subject to a 19.99% limit.

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Brera Holdings PLC is the issuer in an amendment reporting that RBCH Ltd. exercised its previously reported pre-funded warrants in full, acquiring 1,878,988 and 2,732,123 Class B Ordinary Shares on a pre-Reverse Stock Split basis for an aggregate exercise price of approximately $230,555. RBCH Ltd. no longer holds pre-funded warrants.

RBCH Ltd. reported beneficial ownership of 2,222,222 Class B Ordinary Shares: 1,111,111 held directly and 1,111,111 issuable under Common Warrants. The reported amount represents 18.33% of the class. The Common Warrants are subject to a beneficial ownership limitation of no more than 19.99%.

Filing Explained

This Schedule 13D amendment reports that RBCH Ltd. is continuing discussions with Brera’s management and board and may pursue board changes, a second extraordinary-meeting requisition, business or capital changes, or unwinding certain related-party share transactions.

Pre-funded warrant shares acquired 1,878,988 shares First amount listed; pre-Reverse Stock Split basis
Pre-funded warrant shares acquired 2,732,123 shares Second amount listed; pre-Reverse Stock Split basis
Aggregate exercise price Approximately $230,555 Exercise of RBCH Ltd.’s pre-funded warrants
Beneficial ownership 2,222,222 Class B Ordinary Shares Reported by RBCH Ltd.
Shares held directly 1,111,111 Class B Ordinary Shares Held directly by RBCH Ltd.
Shares issuable under Common Warrants 1,111,111 Class B Ordinary Shares Warrants held directly by RBCH Ltd.
Class ownership percentage 18.33% Percentage reported for RBCH Ltd.’s beneficial ownership
Beneficial ownership limitation 19.99% Maximum beneficial ownership under the Common Warrants
Pre-Funded Warrants financial
"previously reported pre-funded warrants to purchase Class B Ordinary Shares"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
Common Warrants financial
"warrants to purchase 1,111,111 Class B Ordinary Shares"
A common warrant is a tradable instrument that gives its holder the right to buy a company’s common shares at a fixed price within a set time period, similar to a coupon that can be redeemed later to purchase stock. Investors care because exercising warrants can boost potential gains if the stock rises, but it can also dilute existing shareholders by increasing the number of shares outstanding, which can lower per-share value.
Beneficial Ownership Limitation regulatory
"limiting the number of Class B Ordinary Shares that RBCH Ltd. can beneficially own"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
restricted stock units financial
"4,444 restricted stock units of the Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Brera Holdings (SLMT) shares does RBCH report beneficially owning?

RBCH Ltd. reported beneficial ownership of 2,222,222 Class B Ordinary Shares, including 1,111,111 held directly and warrants to purchase 1,111,111 shares. The reported amount represents 18.33% of the class.

How many Brera Holdings (SLMT) shares did RBCH acquire by exercising pre-funded warrants?

RBCH Ltd. acquired 1,878,988 and 2,732,123 Class B Ordinary Shares, on a pre-Reverse Stock Split basis, upon exercising previously reported pre-funded warrants. The aggregate exercise price was approximately $230,555, funded from RBCH Ltd.’s working capital.

What ownership limit applies to RBCH’s Brera Holdings (SLMT) warrants?

The Common Warrants limit the number of Class B Ordinary Shares RBCH Ltd. can beneficially own to no more than 19.99%.

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

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G13311132

(CUSIP Number)
RBCH Ltd.
c/o Ogier Global (Cayman) Limited, 89 Nexus Way, Camana Bay
Grand Cayman, E9, KY1-9009
00420 734 170 580


Leonard Wood, Esq.
Daniel Roeser, Esq., Goodwin Procter LLP, 620 Eighth Avenue
New York, NY, 10018
1 212 459 7058

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/26/2026

(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:
For Box 7, 9 and 11: Reflects (a) 1,111,111 class B ordinary shares, $0.50 nominal value per share ("Class B Ordinary Shares"), of Brera Holdings PLC, an Irish public limited company (the "Issuer"), and (b) warrants to purchase 1,111,111 Class B Ordinary Shares, at a price of $67.50 per Class B Ordinary Share (the "Common Warrants"), in each case as held directly by RBCH Ltd. For Box 13: The denominator of the fraction upon which this percentage is calculated is based (i) on 11,009,294 Class B Ordinary Shares outstanding as of June 30, 2026, as reported in the Issuer's Form 6-K filed on September 28, 2026 and (ii) the 1,111,111 Class B Ordinary Shares issuable upon exercise of the Common Warrants held directly by RBCH Ltd. The Common Warrants held by RBCH Ltd. are currently subject to a beneficial ownership limitation limiting the number of Class B Ordinary Shares that RBCH Ltd. can beneficially own to no more than 19.99% (the "Beneficial Ownership Limitation").


SCHEDULE 13D




Comment for Type of Reporting Person:
* Less than 1%. For Box 7, 9 and 11: Prior to resigning as a director of the Issuer on April 5, 2026, Viktor Fischer was entitled to compensation from the Issuer in connection with his service as a director. Mr. Fischer was previously issued 4,444 restricted stock units ("RSUs") of the Issuer, as adjusted by the reverse share split effected by the Issuer on May 14, 2026 (the "Reverse Stock Split"), under the Issuer's 2022 Equity Incentive Plan. The RSUs were to vest in eight equal quarterly installments, commencing on October 21, 2025, subject to Mr. Fischer's continued service to the Issuer through each such vesting date. 1,111 of these RSUs, as adjusted by the Reverse Stock Split, had fully vested as of January 21, 2026, but have not yet been settled. As a result of Mr. Fischer's resignation, the remaining RSUs that had not yet vested have been forfeited, terminated and cancelled. Viktor Fischer and Jakub Havrlant, as the indirect holders of 100% of the outstanding equity of the general partner of Rockaway Blockchain Fund I, L.P., the sole shareholder of RBCH Ltd. with the right to remove and replace directors of RBCH Ltd., may be deemed to be the beneficial owners of the reported shares of RBCH Ltd. Viktor Fischer and Jakub Havrlant disclaim any beneficial ownership in the reported shares of RBCH Ltd. See also comments for RBCH Ltd. For Box 13: See comments for RBCH Ltd.


SCHEDULE 13D




Comment for Type of Reporting Person:
For Box 7, 9 and 11: Viktor Fischer and Jakub Havrlant, as the indirect holders of 100% of the outstanding equity of the general partner of Rockaway Blockchain Fund I, L.P., the sole shareholder of RBCH Ltd. with the right to remove and replace the directors of RBCH Ltd., may be deemed to be the beneficial owners of the reported shares of RBCH Ltd. Viktor Fischer and Jakub Havrlant disclaim any beneficial ownership in the reported shares of RBCH Ltd. See also comments for RBCH Ltd. For Box 13: See comments for RBCH Ltd.


SCHEDULE 13D


RBCH Ltd.
Signature:/s/ Glenn Kennedy
Name/Title:Glenn Kennedy, director
Date:10/26/2026
Viktor Fischer
Signature:/s/ Viktor Fischer
Name/Title:Viktor Fischer
Date:10/26/2026
Jakub Havrlant
Signature:/s/ Jakub Havrlant
Name/Title:Jakub Havrlant
Date:10/26/2026

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