Brera Holdings (SLMT) CEO Ron Sade reports 12.5% Class B stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D
Rhea-AI Filing Summary
Brera Holdings PLC director and Chief Executive Officer Ron Sade filed a Schedule 13D disclosing his stake in the company’s Class B Ordinary Shares. He beneficially owns 1,340,646 Class B shares, representing 12.5% of the class, with sole voting and dispositive power.
On May 21, 2026, Sade entered into a Subscription Agreement to purchase 1,149,000 Class B shares in a registered direct offering at $4.97 per share for investment purposes. He may buy more shares, sell shares, or transfer them for planning purposes over time, depending on the company’s prospects and market conditions.
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Key Figures
Beneficial ownership: 1,340,646 Class B shares
Ownership percentage: 12.5%
Recent share purchase: 1,149,000 Class B shares
+2 more
5 metrics
Beneficial ownership
1,340,646 Class B shares
Shares beneficially owned by Ron Sade
Ownership percentage
12.5%
Percent of Class B Ordinary Shares
Recent share purchase
1,149,000 Class B shares
Subscribed on May 21, 2026
Purchase price
$4.97 per share
Price in registered direct offering
Nominal value
$0.50 per share
Nominal value of Class B Ordinary Shares
Key Terms
Schedule 13D, beneficially owned, registered direct offering, Registration Rights Agreement, +1 more
5 terms
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
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.
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 1,340,646.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
registered direct offering financial
"Class B Ordinary Shares at a purchase price of $4.97 per share in a registered direct offering."
A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.
Registration Rights Agreement regulatory
"The Reporting Person is party to a Registration Rights Agreement, dated as of September 18, 2025"
A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.
FAQ
What stake in Brera Holdings PLC (SLMT) does Ron Sade report on this Schedule 13D?
Ron Sade reports beneficial ownership of 1,340,646 Class B Ordinary Shares, representing 12.5% of the class. He holds sole voting and dispositive power over these shares, giving him significant influence as both director and Chief Executive Officer.
What is Ron Sade’s role at Brera Holdings PLC (SLMT)?
Ron Sade serves as Chief Executive Officer of Brera Holdings PLC and has been a board member since September 2025. His executive and board positions, combined with a 12.5% stake, give him meaningful influence over corporate decisions and strategy.
Does Ron Sade have any special registration rights for Brera Holdings (SLMT) securities?
Yes. Ron Sade is party to a Registration Rights Agreement dated September 18, 2025. Under this agreement, Brera Holdings agreed to file a registration statement covering the resale of certain shares and warrants issued to him and other purchasers.