Brera Holdings Regains Compliance with Nasdaq Listing Rule 5620(a)
Brera Holdings PLC (Nasdaq: BREA), an Ireland-based international holding company focused on expanding its global portfolio of sports clubs through multi-club ownership (MCO), has regained compliance with Nasdaq Listing Rule 5620(a). The company received formal notice from Nasdaq's Listing Qualifications Staff on March 31, 2025, confirming compliance following its annual meeting held on March 28, 2025.
This development resolves the previous non-compliance notice received on February 3, 2025, regarding the Annual Meeting Rule requirement. Nasdaq has officially closed the matter.
Brera Holdings PLC (Nasdaq: BREA), una società di holding internazionale con sede in Irlanda, focalizzata sull'espansione del proprio portafoglio globale di club sportivi attraverso la proprietà multi-club (MCO), ha ripristinato la conformità con la Regola di Quotazione 5620(a) di Nasdaq. L'azienda ha ricevuto una comunicazione formale dallo Staff delle Qualifiche di Quotazione di Nasdaq il 31 marzo 2025, confermando la conformità dopo la sua assemblea annuale tenutasi il 28 marzo 2025.
Questo sviluppo risolve la precedente comunicazione di non conformità ricevuta il 3 febbraio 2025, riguardante il requisito della Regola dell'Assemblea Annuale. Nasdaq ha ufficialmente chiuso la questione.
Brera Holdings PLC (Nasdaq: BREA), una compañía de holdings internacional con sede en Irlanda, centrada en expandir su cartera global de clubes deportivos a través de la propiedad multi-club (MCO), ha recuperado la conformidad con la Regla de Cotización 5620(a) de Nasdaq. La empresa recibió un aviso formal del Personal de Calificaciones de Cotización de Nasdaq el 31 de marzo de 2025, confirmando la conformidad tras su reunión anual celebrada el 28 de marzo de 2025.
Este desarrollo resuelve el aviso de no conformidad recibido el 3 de febrero de 2025, relacionado con el requisito de la Regla de la Reunión Anual. Nasdaq ha cerrado oficialmente el asunto.
브레라 홀딩스 PLC (Nasdaq: BREA)는 아일랜드에 본사를 둔 국제 지주 회사로, 다중 클럽 소유(MCO)를 통해 스포츠 클럽의 글로벌 포트폴리오를 확장하는 데 집중하고 있습니다. 이 회사는 2025년 3월 31일 Nasdaq의 상장 자격 직원으로부터 2025년 3월 28일에 개최된 연례 회의 이후 준수 확인 통지를 받았습니다.
이 발전은 2025년 2월 3일에 받은 연례 회의 규칙 요구 사항에 대한 이전의 비준수 통지를 해결합니다. Nasdaq는 이 문제를 공식적으로 종료했습니다.
Brera Holdings PLC (Nasdaq: BREA), une société holding internationale basée en Irlande, axée sur l'expansion de son portefeuille mondial de clubs sportifs par le biais de la propriété multi-club (MCO), a retrouvé sa conformité avec la règle de cotation 5620(a) de Nasdaq. La société a reçu un avis formel du personnel des qualifications de cotation de Nasdaq le 31 mars 2025, confirmant la conformité suite à son assemblée annuelle tenue le 28 mars 2025.
Ce développement résout l'avis de non-conformité reçu le 3 février 2025 concernant l'exigence de la règle de l'assemblée annuelle. Nasdaq a officiellement clos le dossier.
Brera Holdings PLC (Nasdaq: BREA), ein in Irland ansässiges internationales Holdingunternehmen, das sich auf die Erweiterung seines globalen Portfolios von Sportvereinen durch Multi-Club-Eigentum (MCO) konzentriert, hat die Einhaltung der Nasdaq-Listing-Regel 5620(a) wiederhergestellt. Das Unternehmen erhielt am 31. März 2025 eine formelle Mitteilung vom Listing Qualifications Staff von Nasdaq, die die Einhaltung nach der am 28. März 2025 abgehaltenen Hauptversammlung bestätigte.
Diese Entwicklung löst die vorherige Mitteilung über die Nichtkonformität vom 3. Februar 2025 in Bezug auf die Anforderungen der Hauptversammlungsregel. Nasdaq hat die Angelegenheit offiziell abgeschlossen.
- Regained Nasdaq listing compliance, eliminating potential delisting risk
- None.
Dublin, Ireland, April 01, 2025 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings” or the “Company”) (Nasdaq: BREA), an Ireland-based, Nasdaq-listed, international holding company focused on expanding its global portfolio of men's and women's sports clubs through a multi-club ownership (“MCO”) approach, today announced that on March 31, 2025, the Company received formal notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) that, as a result of holding its annual meeting on March 28, 2025, the Company is now in compliance with the annual meeting requirement set forth in Nasdaq Listing Rule 5620(a) (the “Annual Meeting Rule”). The Company had received notice of non-compliance with the Annual Meeting Rule on February 3, 2025. Nasdaq has now closed the matter.
ABOUT BRERA HOLDINGS PLC
Brera Holdings PLC (Nasdaq: BREA) is dedicated to expanding its social impact football business by developing a global portfolio of emerging football and sports clubs. Building on the legacy of Brera FC, which it acquired in 2022, the Company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services. Brera FC, recognized as "The Third Team of Milan," has been crafting an alternative football legacy since its founding in 2000. The club also organizes the FENIX Trophy, a nonprofessional pan-European tournament acknowledged by UEFA. This tournament, which has been referred to as "the Champions League for Amateurs" by BBC Sport, has garnered significant media coverage, including from ESPN.
In its efforts to broaden its reach, Brera expanded into Africa in March 2023 by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division after winning its post-season tournament. In April 2023, the Company acquired a
On December 31, 2024, Brera signed of an agreement to acquire majority ownership of SS Juve Stabia srl, an Italian Serie B football club known as “The Second Team of Naples,” which will be conducted in a multi-step process, and marks a significant expansion of the Company’s MCO model. As of February 12, 2025, Brera holds a
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.
Company Contact Information:
Dan McClory, Executive Chairman, Brera Holdings PLC
Email: dan@breraholdings.com
FAQ
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