Brera Holdings (NASDAQ: SLMT) halts $250K Gulf advisory payments to Pulsar

Rhea-AI Filing Summary

Brera Holdings PLC, operating as Solmate Infrastructure, reports a change to an advisory arrangement in the Gulf region. The company had engaged Pulsar Group Ltd. as its exclusive advisor for consultancy and advisory services in Gulf Cooperation Council countries under an Advisory Services Agreement dated February 9, 2026.

In return for these services, Pulsar Group was entitled to a $250,000 monthly fee. Effective April 24, 2026, Brera Holdings and Pulsar Group mutually agreed to suspend both payment and accrual of this monthly fee until further notice, while keeping all other terms of the Agreement in full force and effect.

Insights

Corporate finance analyst

Brera pauses a $250,000 monthly advisory fee while keeping its Gulf advisory agreement in place.

Brera Holdings PLC, doing business as Solmate Infrastructure, previously agreed to pay Pulsar Group Ltd. a $250,000 monthly fee for exclusive advisory services across Gulf Cooperation Council countries. This structure created a recurring cash outflow tied to regional growth efforts.

As of April 24, 2026, both parties agreed to suspend payment and accrual of this monthly fee, while leaving all other contract terms active. This reduces ongoing expenses from this agreement, but the exclusive advisory framework in the region remains available. Actual financial impact depends on how long the suspension lasts and future decisions under the existing agreement.

Key Figures

Monthly advisory fee: $250,000 per month Agreement date: February 9, 2026 Fee suspension date: April 24, 2026

3 metrics

Monthly advisory fee $250,000 per month Fee payable to Pulsar Group for GCC advisory services

Agreement date February 9, 2026 Advisory Services Agreement between Brera Holdings and Pulsar Group

Fee suspension date April 24, 2026 Mutual suspension of payment and accrual of monthly fee

Key Terms

Advisory Services Agreement, Gulf Cooperation Council, exclusive advisor

3 terms

Advisory Services Agreement financial

"entered into an Advisory Services Agreement (the “Agreement”) with Pulsar Group Ltd."

Gulf Cooperation Council financial

"to support and grow the Company’s business in countries within the Gulf Cooperation Council"

The Gulf Cooperation Council (GCC) is a regional organization that brings together six countries in the Arabian Peninsula to cooperate on economic, political, and security issues. It functions like a team working together to coordinate policies and promote stability in the region. For investors, the GCC's actions can influence regional markets, trade, and oil prices, affecting financial decisions across the area.

exclusive advisor financial

"Pulsar Group is the Company’s exclusive advisor for the Services within the Territory."

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number 001-41606

BRERA HOLDINGS PLC

(Translation of registrant’s name into English)

Connaught House, 5th Floor

One Burlington Road

Dublin 4

D04 C5Y6

Ireland

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Advisory Services Agreement with Pulsar Group Ltd.

As previously disclosed, on February 9, 2026, Brera Holdings PLC, operating under the name Solmate Infrastructure (the “Company”) (NASDAQ: SLMT), a Solana-based crypto infrastructure company, entered into an Advisory Services Agreement (the “Agreement”) with Pulsar Group Ltd. (“Pulsar Group”), pursuant to which Pulsar Group agreed to provide certain consultancy and advisory services (“Services”) to the Company to support and grow the Company’s business in countries within the Gulf Cooperation Council (the “Territory”). Under the Agreement, Pulsar Group is the Company’s exclusive advisor for the Services within the Territory. In consideration for performing the Services, Pulsar Group receives $250,000 per month from the Company (the “Monthly Fee”).

On April 24, 2026, the Company and Pulsar Group mutually agreed to suspend payment and accrual of the Monthly Fee until further notice, with all other terms of the Agreement, as amended, remaining in full force and effect.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 27, 2026	BRERA HOLDINGS PLC
	By:	/s/ Justin Bowes
		Justin Bowes
		Chief Legal Officer

2

FAQ

What change did Brera Holdings PLC (SLMT) make to its agreement with Pulsar Group?

Brera Holdings PLC and Pulsar Group mutually agreed on April 24, 2026 to suspend payment and accrual of the $250,000 monthly advisory fee. All other terms of their Advisory Services Agreement covering Gulf Cooperation Council countries remain in full force and effect.

How much was Brera Holdings (SLMT) paying Pulsar Group under the advisory agreement?

Under the Advisory Services Agreement, Pulsar Group was entitled to a $250,000 monthly fee for providing consultancy and advisory services. These services supported Brera’s business development in Gulf Cooperation Council countries as the company’s exclusive advisor within that territory.

Does the suspension affect Pulsar Group’s exclusive advisor status for Brera Holdings (SLMT)?

No, the suspension applies only to payment and accrual of the $250,000 monthly fee. The filing states that all other terms of the Advisory Services Agreement, including Pulsar Group’s role as exclusive advisor in the Gulf Cooperation Council territory, remain in full force and effect.

When did Brera Holdings (SLMT) first enter into the Advisory Services Agreement with Pulsar Group?

Brera Holdings PLC, operating as Solmate Infrastructure, entered into the Advisory Services Agreement with Pulsar Group Ltd. on February 9, 2026. The agreement engaged Pulsar Group to provide consultancy and advisory services to grow Brera’s business in countries within the Gulf Cooperation Council territory.

What territory does Pulsar Group cover for Brera Holdings (SLMT) under the agreement?

The Advisory Services Agreement designates Pulsar Group as Brera Holdings PLC’s exclusive advisor for specified services within the Gulf Cooperation Council territory. This covers consultancy and advisory work aimed at supporting and growing the company’s business in countries that are part of the GCC region.