Brera Holdings PLC Regains Compliance with Nasdaq Minimum Bid Price Requirement
Brera PLCBrera PLC(US:BREA) GlobeNewswire News Room·2025-07-14 12:00

Core Points - Brera Holdings PLC has regained compliance with Nasdaq's minimum bid price requirement of US$1.00 per share as of July 11, 2025 [1][4] - The company was granted a second 180-day grace period by Nasdaq to meet this requirement, which extended through July 14, 2025 [2][3] Company Overview - Brera Holdings PLC is focused on expanding its global portfolio of men's and women's football clubs through a multi-club ownership strategy [1] - 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 [5] - Brera FC is recognized as "The Third Team of Milan" and organizes the FENIX Trophy, a nonprofessional pan-European tournament acknowledged by UEFA [5] Recent Developments - In March 2023, Brera expanded into Africa by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division [6] - The company acquired a 90% stake in North Macedonian team Fudbalski Klub Akademija Pandev in April 2023, now known as Brera Strumica FC [6] - Brera made a strategic investment in Manchester United PLC in June 2023, realizing a 74% gain [6] - In December 2024, Brera executed an agreement to acquire a majority stake in SS Juve Stabia srl, managing the Italian Serie B football club Juve Stabia, with the acquisition concluded on June 20, 2025 [7]