Announcement • 17h
RBCH Files Derivative Lawsuit Against Brera Holdings Directors and Officers On June 22, 2026, RBCH Ltd. announced that it filed a derivative lawsuit against Brera Holdings PLC directors and officers for breach of fiduciary duty, shareholder oppression, and self-dealing. RBCH also called for shareholders to withhold support from certain directors at the upcoming AGM and demanded governance reforms. ISS, an independent proxy advisor, recommended shareholders vote against the board, citing governance failures. Announcement • Jun 10
Forward Industries, Inc. (NasdaqCM:FWDI) cancelled the acquisition of Brera Holdings PLC (NasdaqCM:SLMT) for for $52.4 million. Forward Industries, Inc. (NasdaqCM:FWDI) proposed to acquire Brera Holdings PLC (NasdaqCM:SLMT) for $52.4 million on June 1, 2026. Under the proposal, SLMT shareholders would receive 1.54 newly-issued shares of Forward Industries, Inc. common stock for each SLMT share, representing a premium of approximately 30.7% to the volume-weighted average closing price of SLMT’s ordinary shares over the ten trading days ended June 1, 2026, or $7.19 per share.
Forward Industries, Inc. (NasdaqCM:FWDI) cancelled the acquisition of Brera Holdings PLC (NasdaqCM:SLMT) on June 6, 2026. The board of directors of SLMT rejected the proposal on the basis that “it does not consider the Proposal to be in the best interest of the Company”. Announcement • May 29
RBCH Ltd, Delivers a Letter to Brera Holdings PLC On May 28, 2026, RBCH Ltd, announced that it delivered a letter to Brera Holdings PLC to call a requisitioned an extraordinary general meeting to be convened within 21 days for the removal of five current directors Ron Sade, Alyazi Almheiri, Erez Simha, Keren Maimon, and Tariq Salem Ebraheem Alsaman Alnuaimi and appointment of Jonathan R. Bates, Viktor Fischer, and Lucas Bruder as a directors for the Company. RBCH Ltd believes a majority of the current board members do not meet the independence requirements of the NASDAQ listing rules.