UAE based Solmate proposes changes to align more with Solana

Solmate Infrastructure (the “Company” or “Solmate”) (currently Brera Holdings PLC, NASDAQ: SLMT), has announced that it is now positioning the company as a premier institutional grade Solana infrastructure provider with its primary operational focus on Abu Dhabi. The proposal, which is subject to shareholder approval, is designed to formally align the Company’s legal structure with its focus on Solana infrastructure and treasury.

In a press release, it was noted that the Board of Directors has approved a proposal to formally align the company’s legal structure with this core blockchain mission, concentrate capital on digital infrastructure, and position itself for institutional accessibility.

The proposal includes changing the corporate legal entity name from Brera Holdings PLC to Solmate Infrastructure PLC aligning corporate brand and identity with the Company’s Solana based digital infrastructure business model.

Solmate is also changing its constitutional documents to reflect its digital asset infrastructure and treasury strategy focus.

The company will also be undertaking capital structure revisions implementing a reverse stock split intended to position the company’s shares within a more conventional trading range preferred by institutional investors and provide greater operational flexibility to pursue strategic financing options.

Additionally, the Company plans to streamline its legacy sport portfolio by winding down operations of its underperforming soccer teams (Brera Tchumene and Brera IIch). The company plans to retain its flagship Italian football operation (Juve Stabia), while redirecting liberated capital to accelerate its 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 proposed 10-for-1 reverse stock split of the Company’s issued and outstanding common shares is expected to become effective shortly following the shareholder meeting scheduled for April 7, 2026.