03:28 AM EST, 03/07/2024 (MT Newswires) -- Brera Holdings ( BREA ) said late Wednesday that Executive Chairman Daniel J. McClory has acquired a majority stake in the company.

McClory recently acquired about 4.6 million class A ordinary shares of the company, boosting his total ownership stake to almost 55% and entitling him to nearly 84% of the total votes of the company, Brera ( BREA ) said.

The company's shares surged 65.7% in after-hours activity Wednesday.

Price: 1.69, Change: +0.67, Percent Change: +65.69