Solmate Infrastructure decides to not pursue merger with RockawayX

Solmate Infrastructure, the operating name of Brera Holdings (SLMT), announced its decision not to pursue a merger with RockawayX pursuant to its previously announced term sheet. The companies will continue their current strategic partnership to leverage RockawayX’s infrastructure, and RockawayX CEO, Viktor Fischer, will remain a Solmate board member. “The decision reflects Solmate’s commitment to equity-efficient growth and eliminates the dilution associated with the transaction as the company focuses on its infrastructure strategy,” the company said.