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Brera board survives re-election after counting 2,298,000 self-awarded RDO shares, RBCH says external holders vote directors out

PUBT·06/29/2026 11:45:03
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Brera board survives re-election after counting 2,298,000 self-awarded RDO shares, RBCH says external holders vote directors out
  • Brera’s board retained seats at the AGM only after counting 2,298,000 shares issued to two directors in a contested RDO.
  • Excluding those shares, about 3 million shares opposed four directors’ re-election versus about 2.6 million in favor.
  • RBCH, a 10%+ shareholder, said external shareholders voted the board out; it called the outcome entrenchment.
  • The RDO shares went to Ron Sade and Keren Maimon at USD 4.97, about 34% of reported net asset value of USD 14.70.
  • RBCH filed a New York State Supreme Court derivative action on June 22, 2026, challenging the RDO shares and related warrants.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brera Holdings plc published the original content used to generate this news brief on June 29, 2026, and is solely responsible for the information contained therein.