SLMT Brera Holdings PLC
Price Chart
Executive Summary
Brera Holdings PLC (SLMT) announced a 1-for-10 reverse share split effective May 14, 2026, to regain compliance with Nasdaq's minimum $1 bid price rule. The split reduces outstanding shares from ~83.9M to ~8.4M and proportionally adjusts equity awards, warrants, and convertible preferred shares. This is a routine compliance action with no fundamental change in business operations or financials.
Actionable Insight
The reverse split is a technical compliance measure and does not alter the company's fundamentals. Monitor whether SLMT's stock price sustains above $1 post-split to avoid delisting risk. The historical calibration shows poor T+20 performance on prior SLMT reports, suggesting limited near-term upside catalysts.
Key Facts
- 1-for-10 reverse share split approved by board on May 1, 2026, and shareholders on April 7, 2026.
- Effective at market open on May 14, 2026; ticker remains SLMT.
- Outstanding shares reduced from ~83,874,383 to ~8,387,438.
- No fractional shares issued; fractional entitlements aggregated and sold.
- Reverse split intended to regain compliance with Nasdaq Listing Rule 5550(a)(2) minimum bid price of $1.
- Equity awards, warrants, and convertible preferred shares adjusted proportionally with exercise/conversion price increases.
Financial Impact
No financial impact from the reverse split itself; it is a mechanical share consolidation. The company's market capitalization remains unchanged at ~$53M.
Risk Factors
- Failure to maintain bid price above $1 post-split could lead to Nasdaq delisting.
- Reverse splits often create negative sentiment and selling pressure from retail investors.
- No fundamental improvement in business operations or financials is announced.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-054724 |
| Document: ea029020401ex99-1.htm | 0001213900-26-054724 |
| Document: 0001213900-26-054724-index-headers.html | 0001213900-26-054724 |
| Document: 0001213900-26-054724-index.html | 0001213900-26-054724 |
| Document: 0001213900-26-054724.txt | 0001213900-26-054724 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
7d ago
|
6-K
| $5.58 $5.53 | ▼ −0.90% | ▼ −1.30% | $5.01 (−10.22%) |
|
May 30, 2026
11d ago
|
Insider Cluster
| $6.38 $5.90 | ▼ −7.52% | ▼ −7.67% | $5.01 (−21.47%) |
|
May 27, 2026
13d ago
|
6-K
| $6.14 $5.77 | ▼ −6.03% | ▼ −6.27% | $5.01 (−18.40%) |
|
May 27, 2026
13d ago
|
6-K
| $6.14 $5.77 | ▼ −6.03% | ▼ −6.27% | $5.01 (−18.40%) |
|
May 26, 2026
14d ago
|
6-K
| $6.42 $6.14 | ▼ −4.29% | ▼ −4.84% | $5.01 (−21.90%) |
|
May 15, 2026
25d ago
|
20-F
| $4.82 $4.50 | ▲ +6.64% | ▲ +5.99% | $5.01 (−3.94%) |
|
May 12, 2026
28d ago
|
6-K
| $6.09 $5.71 | ▼ −6.19% | ▼ −6.77% | $5.01 (−17.71%) |
|
May 4, 2026
5w ago
|
6-K
| $7.76 $7.27 | ▼ −6.34% | ▼ −7.14% | $5.01 (−35.42%) |
|
Apr 27, 2026
6w ago
|
6-K
| $7.67 $7.50 | ▼ −2.18% | ▼ −1.69% | $5.01 (−34.66%) |
|
Apr 24, 2026
6w ago
|
6-K
| $7.67 $7.50 | ▼ −2.18% | ▼ −1.69% | $5.01 (−34.66%) |
US Market Status
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