Brera Holdings Raises $2.5M in Series A Financing
Ticker: SLMT · Form: 6-K · Filed: Dec 27, 2024 · CIK: 1939965
Sentiment: bullish
Topics: financing, preferred-shares, capital-raise
TL;DR
Brera Holdings PLC just closed a $2.5M Series A preferred financing round.
AI Summary
On December 23, 2024, Brera Holdings PLC announced the first closing of its Series A Preferred Financing, successfully raising $2.5 million in gross proceeds. This was achieved through the issuance of 500,000 Series A Preferred Shares at an offering price of $5.00 per share.
Why It Matters
This financing provides Brera Holdings with capital, potentially enabling expansion or further development of its business operations.
Risk Assessment
Risk Level: medium — Financing rounds can indicate a need for capital, and the success of future operations depends on the effective use of these funds.
Key Numbers
- $2.5M — Gross Proceeds (Amount raised in Series A financing)
- 500,000 — Series A Preferred Shares (Number of shares issued in the financing)
- $5.00 — Price Per Share (Offering price for Series A shares)
Key Players & Entities
- Brera Holdings PLC (company) — Company completing financing
- December 23, 2024 (date) — Date of financing closing
- $2.5 million (dollar_amount) — Gross proceeds raised
- 500,000 (number) — Number of Series A Preferred Shares issued
- $5.00 (dollar_amount) — Offering price per share
FAQ
What is the total number of Series A Preferred Shares issued?
500,000 Series A Preferred Shares were issued.
What was the offering price per Series A Preferred Share?
The offering price was $5.00 per share.
When did the first closing of the Series A Preferred Financing Transaction occur?
The first closing occurred on December 23, 2024.
What were the gross proceeds from the Series A Preferred Financing?
The gross proceeds were $2.5 million.
What type of security was issued in this financing?
Series A Preferred Shares were issued.
Filing Stats: 573 words · 2 min read · ~2 pages · Grade level 13.5 · Accepted 2024-12-27 17:20:02
Key Financial Figures
- $2.5 million — es financing, raising gross proceeds of $2.5 million through the issuance of 500,000 Series
- $5.00 — referred Shares at an offering price of $5.00 per share. Thereafter, on December 27,
- $200,000 b — of 40,000 Series A Preferred Shares for $200,000 bringing the total sold to date to 540,00
- $2.7 million — otal sold to date to 540,000 shares and $2.7 million raised, from 21 accredited investors.
- $10 million — uthorized by the Company to raise up to $10 million through the sale of up to 2,000,000 Ser
- $5 — the offering), at an exercise price of $5.00, subject to cashless exercise. The
Filing Documents
- ea0226198-6k_brera.htm (6-K) — 14KB
- ea022619801ex1-1_brera.htm (EX-1.1) — 130KB
- 0001213900-24-113168.txt ( ) — 146KB
SIGNATURES
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: December 27, 2024 BRERA HOLDINGS PLC By: /s/ Pierre Galoppi Pierre Galoppi Chief Executive Officer 2