Solmate Infrastructure, the company formerly Brera Holdings PLC (NASDAQ: SLMT), today announced a strategic step to position itself as a premier institutional-grade Solana infrastructure provider with Abu Dhabi as its primary operational hub. To support this shift, the board approved a proposal to formally align the company’s legal structure with its blockchain mission, concentrate capital on digital infrastructure, and position itself for institutional accessibility. The proposal, subject to shareholder approval, is designed to align the Company’s legal structure with its focus on Solana infrastructure and treasury.
These changes include a corporate name change to Solmate Infrastructure PLC to align branding with the Solana-based digital infrastructure business model, constitutional amendments reflecting its digital asset infrastructure and treasury focus, and capital-structure revisions to pursue a reverse stock split within a traditional institutional trading range and provide greater financing flexibility. The company also plans to streamline its legacy sports portfolio by winding down underperforming soccer teams, while retaining Juve Stabia and redirecting liberated capital toward the UAE-based Solana infrastructure expansion.
“This transformation is the culmination of Brera’s strategic shift toward infrastructure opportunities we see in Abu Dhabi,” said Marco Santori, Solmate CEO. “By focusing our capital and corporate identity on Solana, we are positioning ourselves to be a central player in the region’s rapidly expanding digital economy. This is not just a name change; it is the evolution of a specialized infrastructure firm built for the future of capital markets.” Subject to shareholder approval, the company plans a 10-for-1 reverse stock split to consolidate 10 Class A Ordinary Shares into 1 Class A share and 10 Class B Ordinary Shares into 1 Class B share, with no fractional shares issued; after the split, SLMT would continue trading on Nasdaq.
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