Brera Holdings regains Nasdaq compliance with $1 minimum bid price

Published 14/07/2025, 13:06
Brera Holdings regains Nasdaq compliance with $1 minimum bid price

DUBLIN - Brera Holdings PLC (Nasdaq:BREA) announced Monday it has regained compliance with Nasdaq’s minimum bid price requirement of $1.00 per share, according to a written notification from the Nasdaq Stock Market’s Listing Qualifications Department dated July 11, 2025. The stock, currently trading at $6.58, has experienced a sharp 13.6% decline over the past week, according to InvestingPro data.

The Ireland-based international holding company, which focuses on expanding its portfolio of football clubs through multi-club ownership, had previously received notice on July 16, 2024, that it failed to maintain the minimum bid price requirement for 30 consecutive business days.

Nasdaq initially granted Brera a 180-day grace period through January 13, 2025, to regain compliance. When the company failed to meet the requirement by that date, it requested and received a second 180-day extension through July 14, 2025.

With this compliance notification, Nasdaq considers the matter closed, according to the company’s press release statement.

Brera Holdings operates multiple football clubs across different countries, including teams in Italy, Mozambique, North Macedonia, and Mongolia. The company recently completed acquisition of a 52% majority stake in SS Juve Stabia srl, an Italian Serie B football club, on June 20, 2025.

The company trades on the Nasdaq under the ticker BREA and describes itself as focused on expanding its social impact football business through a global portfolio of emerging football and sports clubs.

In other recent news, Brera Holdings PLC announced a 1-for-10 reverse share split to comply with Nasdaq’s minimum bid price requirements, consolidating its Class A and Class B Ordinary Shares. This corporate action aims to maintain the company’s listing on the Nasdaq Capital Market. Additionally, Brera Holdings has partnered with Toronto Blizzard Corp. to develop youth soccer programs, focusing on talent aged 3-18, with initiatives planned for Toronto and European training experiences by 2026. In executive updates, the company appointed Pietro Bersani as the new CEO and CFO following the resignation of Pierre Galoppi, with Bersani receiving a salary and share awards under the company’s equity incentive plan. The company also welcomed Fabio Scacciavillani as a director, who will serve on multiple committees, and appointed Abhishek Mathews as Chief Information Officer. Furthermore, Brera Holdings has scheduled an extraordinary general meeting, providing shareholders the opportunity to participate online. These developments reflect Brera Holdings’ ongoing efforts to expand its sports portfolio and strengthen its corporate governance structure.

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