May. 10 at 6:26 PM
$SLMT …….HMM????
Brera Holdings PLC (d/b/a Solmate Infrastructure) Received Nasdaq Staff Determination Regarding Minimum Bid Price Deficiency; Intends to Request Hearing Before Independent Panel
Staff Determination Issued Pursuant to Nasdaq Listing Rule Following Prior Reverse Stock Split; Company’s Hearing Request Will Automatically Stay Any Suspension or Delisting Action (April 23, 2026)
The Staff Determination was made on the grounds that the Ordinary Shares failed to maintain a minimum closing bid price of
$1.00 per share for 30 consecutive days
The Company intends to timely request a hearing before the Panel pursuant to Nasdaq Listing Rule 5815(a).
As previously disclosed, the Company’s shareholders approved a 10-for-1 r/s subject to a determination of the Company’s board of directors (the “Board”) to effectuate the reverse share split in its sole
The Company will provide further disclosure regarding its hearing date, compliance plan, and any
