Termination of Proposed RockawayX Acquisition

Brera Holdings PLC has decided not to proceed with the acquisition of RockawayX a.s. due to material inconsistencies and omissions in the financial information provided by RockawayX. The company found the explanations regarding RockawayX’s performance unsatisfactory and incomplete, which led to the Board of Directors determining that the transaction was no longer in the best interests of Brera Holdings PLC and its shareholders. The proposed acquisition, which involved significant share issuances, would have been based on a flawed financial premise. Brera Holdings PLC is now assessing potential claims and remedies against RockawayX for the misleading information. Despite this setback, the company remains focused on its Solmate infrastructure strategy and evaluating other strategic opportunities.