PANews|3月 11, 2026 04:17
[Publicly Listed Company Solmate Proposes Reverse Stock Split to Advance UAE Solana Hub Development]
According to The Block, Nasdaq-listed company Solmate (currently legally registered as Brera Holdings PLC) has proposed a 10-to-1 reverse stock split and plans to change its legal name to Solmate Infrastructure PLC to advance its plans for building a Solana hub in the UAE. The company also intends to divest two underperforming football teams from its existing sports portfolio, retaining only the Italian club Juve Stabia. The funds released will be used to expand Solana infrastructure in the UAE.
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