Brera Holdings (SLMT) Registration filing summary

Company overview and business model

• Operates as a Solana infrastructure company, focusing on institutional-grade staking, validation, and treasury management, with a strategic emphasis on Abu Dhabi and the Middle East.

• Previously managed a global portfolio of professional football clubs; now pivoting to digital assets, with legacy sports business being divested.

• Digital assets treasury segment centers on Solana validator infrastructure, staking, and yield generation, with treasury policy dedicated primarily to SOL.

• Maintains a legacy sports segment but is actively seeking to dispose of these assets to concentrate on Solana infrastructure.

Financial performance and metrics

• Closed a PIPE Offering in September 2025, raising approximately $300 million in gross proceeds, paid in cash, USD Coin, Tether, or SOL.

• May 2026 registered direct offering raised $11.4 million for working capital and general corporate purposes.

• Initial public offering in January 2023 raised net proceeds of $6.9 million after expenses.

Use of proceeds and capital allocation

• Proceeds from warrant exercises (up to $461.6 million if fully exercised) will be used for working capital, general corporate purposes, and to pursue the Solana-focused treasury policy.

• May also allocate proceeds to acquisitions of businesses, assets, or technologies that complement current operations.

• Management retains broad discretion over allocation of net proceeds.