Brera Holdings (SLMT) announced Tuesday a strategic operational refocus on Abu Dhabi-based Solana infrastructure and has proposed changes to its legal structure and corporate name.
The company has proposed a formal name change to Solmate Infrastructure PLC as it aims to target a Solana-based digital infrastructure business model.
It has also proposed constitutional amendments to reflect its focus on digital asset infrastructure, and a 10-for-1 reverse stock split, it added.
Shares rose around 1.8% in recent after-hours trading.
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