Brera Holdings Announces Anticipated Receipt of Nasdaq Additional Deficiency Notice

Core Viewpoint - Brera Holdings PLC has received a notice from Nasdaq indicating non-compliance with the Annual Meeting Rule due to not holding an annual meeting within the required timeframe, but plans to rectify this by March 2025 [1][2]. Company Overview - Brera Holdings PLC is an international holding company based in Ireland, focused on expanding its portfolio of men's and women's sports clubs through a multi-club ownership approach [1][3]. - The company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services, building on the legacy of Brera FC, which it acquired in 2022 [3]. Recent Developments - In March 2023, Brera expanded into Africa by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division [4]. - The company acquired a 90% stake in North Macedonian team Fudbalski Klub Akademija Pandev in April 2023, now known as Brera Strumica FC [4]. - In June 2023, Brera made a strategic investment in Manchester United PLC, realizing a 74% gain [4]. - The company acquired a majority stake in UYBA Volley, an Italian women's volleyball team, in July 2023 [4]. - In December 2024, Brera signed an agreement to acquire majority ownership of SS Juve Stabia srl, an Italian Serie B football club, marking a significant expansion of its multi-club ownership model [5]. - As of January 10, 2025, Brera holds a 34.62% equity interest in Juve Stabia, which is currently in fifth place in the Serie B standings [5].