Workflow
Brera Holdings Regains Compliance with Nasdaq Listing Rule 5620(a)
BREABrera PLC(BREA) GlobeNewswire·2025-04-01 20:15

Core Insights - Brera Holdings PLC has received formal notice from Nasdaq confirming compliance with the annual meeting requirement after holding its annual meeting on March 28, 2025, resolving a previous non-compliance issue [1] Company Overview - Brera Holdings PLC is focused on expanding its global portfolio of men's and women's sports clubs through a multi-club ownership approach, building on the legacy of Brera FC, which was acquired in 2022 [2] - The company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services, and organizes the FENIX Trophy, a pan-European tournament recognized by UEFA [2] Recent Developments - In March 2023, Brera expanded into Africa by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division [3] - The company acquired a 90% stake in North Macedonian team Fudbalski Klub Akademija Pandev in April 2023, now known as Brera Strumica FC [3] - A strategic investment in Manchester United PLC in June 2023 resulted in a 74% gain [3] - Brera acquired a majority stake in UYBA Volley, an Italian women's volleyball team, in July 2023, and took control of Bayanzurkh Sporting Ilch FC in September 2023, rebranding it as Brera Ilch FC [3] - In June 2024, a joint stock company was established for the North Macedonian women's football club Tiverija Strumica, now known as Brera Tiverija FC [3] Future Plans - On December 31, 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 the company's multi-club ownership model [4] - As of February 12, 2025, Brera holds a 38.46% equity ownership interest in Juve Stabia [4] - The company emphasizes bottom-up value creation, innovation-driven growth, and socially impactful outcomes in the global sports industry [4]