Ron Sade Reports Group Dissolution and Exit from 5% Ownership in Brera Holdings PLC

2026-08-21SEC Filing SCHEDULE 13D/A (0001213900-26-092342)

This Amendment No. 2 to Schedule 13D, filed by Ron Sade on August 21, 2026, reports a significant change in the reporting group's structure for Brera Holdings PLC (SLMT). Effective September 23, 2025, the informal investment group—previously consisting of Mr. Sade, Mr. Hirsch, Ms. Maimon, and others—officially disbanded. Consequently, the reporting persons no longer act as a group under Section 13(d)(3) of the Exchange Act. Individually, Ron Sade's beneficial ownership is reported at 2,279,238 Class B Ordinary Shares, representing approximately 3.2% of the class. This reflects a decrease in collective voting power and an exit from the 5% reporting threshold for the group members. The filing notes that on September 19, 2025, Mr. Sade sold 21,164 shares at $35.00 per share. Despite the group dissolution, Mr. Sade and other former members were appointed to the Board of Directors and entered into a Strategic Advisor Agreement following a PIPE offering. This filing serves as the final amendment and exit filing for the group members.

Ticker mentioned:SLMTInstitution mentioned:Sade Ron
Related industry:Entertainment