Brera Holdings PLC, which operates as Solmate Infrastructure and trades on NASDAQ under the ticker SLMT, filed a lawsuit against RockawayX and its CEO Viktor Fischer in Delaware Superior Court. The complaint, made public on June 4, 2026, alleges fraud and intentional interference related to a proposed acquisition that Brera says was built on misleading financial representations.
A $200 million proposal that fell apart fast
The story starts in late 2025, when both companies announced a non-binding term sheet on December 4 to combine their operations. The deal was framed as a marriage of complementary strengths, with the combined entity poised to manage over $2 billion in assets under management.
By February 9, 2026, the acquisition agreement was terminated. Brera opted instead for what it described as a “more efficient strategic partnership arrangement.”
According to Brera’s lawsuit, the acquisition proposal was designed to extract approximately $200 million based on inflated financial figures provided by Fischer and RockawayX. The lawsuit specifically targets both the firm and Fischer personally, alleging fraud and intentional interference.
