Solmate Infrastructure CEO and Directors Subscribe to Over $10 Million in Additional Shares

On May 21, according to Business Wire, Brera Holdings (NASDAQ: SLMT), the parent company of Solmate Infrastructure, a crypto infrastructure company focused on Solana, announced that it has entered into an agreement with CEO Ron Sade and board member Keren Maimon to subscribe for an aggregate of 2,298,000 shares of the company's Class B ordinary shares in a registered direct offering at a price of $4.97 per share, priced above the current market price. The company expects to raise gross proceeds of approximately $11.4 million, with the transaction expected to close on or around May 27, 2026, subject to customary closing conditions. This offering is being made pursuant to an F-3 registration statement previously declared effective by the Securities and Exchange Commission (SEC).