SLMT Brera Holdings PLC

BULLISH Impact: 7/10 Insider Cluster (2 insiders)
Horizon days Filed May 30, 2026 Processed 14d 9h ago
Insider cluster: 2 insiders, $11.4M total
Latest settled — T+5d ⚠ clustered
SLMT ▼ -18.57% at T+5d
LONG call ✗ call lost -18.57% · α vs SPY -15.82% · entry $6.38 → $5.20
Next anchor: T+20d in 16d
Currently $4.39 · -31.19% from $6.38 entry
Entry anchored
May 29, 2026
via day open
T+1d
-7.52%
call -7.52% · α -7.67%
$5.90
settled 12d ago
T+5d
-18.57%
call -18.57% · α -15.82%
$5.20
settled 8d ago
T+20d
call — · α —
in 16d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two insiders (CEO and a director/10% owner) purchased a combined $11.42M of SLMT shares at $4.97 per share on May 21, 2026, the same day as a $11.42M registered direct offering of 2.298M Class B shares at the same price. The insider purchases exactly match the offering size and price, indicating they participated in the capital raise rather than making open-market buys. This is a strong signal of alignment with existing shareholders, as insiders absorbed the entire offering, preventing dilution to other holders.

Key Financial Metrics

Direction
buying
Total Value
$11.4M
Insiders
2

Actionable Insight

Insiders fully backstopping a capital raise at a premium to market is a strong vote of confidence. The offering closes May 27, 2026 — monitor for any subsequent insider sales post-closing. The stock may reprice higher as the market digests that existing holders absorbed all dilution. However, given the stock's poor historical performance (avg -24% T+20 on prior reports), consider taking profits quickly if the stock gaps up.

Key Facts

  • CEO Sade Ron purchased 1.15M shares for $5.71M at $4.97/share on May 21, 2026
  • Director/10% owner Maimon Keren Kalima purchased 1.15M shares for $5.71M at $4.97/share on May 21, 2026
  • Total insider purchases of $11.42M equal 100% of the $11.42M registered direct offering filed on May 21, 2026
  • Insider purchases represent ~22.4% of the $51M market cap, a highly material amount
  • The offering price of $4.97 was at a 2.9% premium to the prior day's close of $4.83

Financial Impact

Insiders purchased $11.42M of stock, representing 22.4% of market cap, fully absorbing a dilutive offering

dilutioninsider ownershipmarket cap

Risk Factors

  • Historical performance on SLMT reports is poor — avg -24% T+20 across prior calls
  • The stock has been in a downtrend; insider buying at the offering price may not stem selling pressure
  • Small float (749K shares held by non-affiliates) could lead to high volatility
  • The company is an emerging growth company with limited public reporting requirements

Market Snapshot

Exchange
Nasdaq
Sector
Services-Amusement & Recreation Services

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SLMT-1780104321210
12 reports for SLMT
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SLMT — sortable, filterable
Type Now
Jun 2, 2026
10d ago
6-K
NEUTRAL ★ 3/10
$5.58 $5.53▼ −0.90%▼ −1.30%$4.39 (−21.33%)
May 30, 2026
14d ago
Insider Cluster
BULLISH ★ 7/10
$6.38 $5.90▼ −7.52%▼ −7.67%$4.39 (−31.19%)
May 27, 2026
16d ago
6-K
MIXED ★ 6/10
$6.14 $5.77▼ −6.03%▼ −6.27%$4.39 (−28.50%)
May 27, 2026
16d ago
6-K
NEUTRAL ★ 4/10
$6.14 $5.77▼ −6.03%▼ −6.27%$4.39 (−28.50%)
May 26, 2026
17d ago
6-K
MIXED ★ 6/10
$6.42 $6.14▼ −4.29%▼ −4.84%$4.39 (−31.57%)
May 15, 2026
28d ago
20-F
BEARISH ★ 7/10
$4.82 $4.50▲ +6.64%▲ +5.99%$4.39 (+8.92%)
May 12, 2026
4w ago
6-K
NEUTRAL ★ 4/10
$6.09 $5.71▼ −6.19%▼ −6.77%$4.39 (−27.89%)
May 4, 2026
5w ago
6-K
NEUTRAL ★ 3/10
$7.76 $7.27▼ −6.34%▼ −7.14%$4.39 (−43.41%)
Apr 27, 2026
6w ago
6-K
BULLISH ★ 6/10
$7.67 $7.50▼ −2.18%▼ −1.69%$4.39 (−42.75%)
Apr 24, 2026
7w ago
6-K
NEUTRAL ★ 4/10
$7.67 $7.50▼ −2.18%▼ −1.69%$4.39 (−42.75%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (50h 27m)

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