Micro Cap Surges Following LOI Announcement

2024-09-25 03:30:46

(MENAFN- Yolo Wire) Big news coming from a small company after it was announced that the micro cap signed a latter of intent to acquire an Italian Serie B football club.

This particular company, which is the only publicly traded multi-club ownership company focused on %Football (soccer), is currently proceeding with confirmatory due diligence and preparation of the Share Purchase Agreement, according to this morning press release.

Shares of %BreraHoldings PLC (Nasdaq: $BREA) rallied strongly on the news, with shares of the micro cap reaching up to $0.875/share (+19.86%) at the early session high.

Brera Holdings PLC develops, manages, and operates football clubs. The company operates a football club under the Brera FC brand name. Brera Holdings PLC was founded in 2000 and is based in Dublin, Ireland.

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