RegulatoryJun 1, 2026, 10:02 AM
Brera Holdings Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Brera Holdings PLC (Solmate Infrastructure) announced it has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share. The company achieved this after effecting a 1-for-10 reverse share split on May 14, 2026. As a result, the Nasdaq Hearings Department confirmed compliance and cancelled the previously scheduled hearing, ensuring the company's Class B ordinary shares will continue to trade on The Nasdaq Capital Market under the symbol SLMT.
Key Highlights
- Brera Holdings PLC regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share.
- Nasdaq Hearings Department confirmed compliance with Listing Rule 5550(a)(2).
- The Nasdaq hearing previously scheduled for June 2, 2026, has been cancelled.
- The company's Class B ordinary shares will continue to be listed on The Nasdaq Capital Market under "SLMT".
- Compliance was achieved following a 1-for-10 reverse share split on May 14, 2026.
Price Impact
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