Brera Holdings PLC Receives Nasdaq Staff Delisting Determination

Brera Holdings PLC, operating as Solmate Infrastructure, received a delisting determination from the Nasdaq Staff due to a failure to maintain a minimum bid price of $1.00 for 30 consecutive business days. The company plans to appeal this determination by requesting a hearing before an independent panel. This request will automatically stay any delisting actions pending the panel's decision. Brera Holdings believes it can regain compliance with Nasdaq's listing standards, particularly the minimum bid price requirement, after a previously approved 10-for-1 reverse stock split is effectuated. The company is required to publicly disclose this determination and will provide further updates regarding the hearing and compliance plan.