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Published on 2026-06-28 | 1 hour ago

Solmate Crushes Governance Revolt as Shareholders Back Board

Solmate shareholders re-elected all five directors at the 2026 AGM, with 62%-69% support on 71.49% turnout. Solmate Infrastructure kept its board intact after shareholders re-elected all five directors at the 2026 annual general meeting. The vote came during a public dispute with RBCH Ltd. and RockawayX. Brera Holdings PLC, doing business as Solmate Infrastructure, trades on Nasdaq under the ticker SLMT. The company held the AGM on June 26, 2026. Shareholder turnout reached 71.49% of outstanding shares, according to the company’s announcement. Support for directors ranged from about 62% to nearly 70% of shares voted. The result followed allegations from RBCH and RockawayX involving insider self-dealing and discounted share issuance. Solmate denied the campaign’s claims and said shareholders supported the current board. Shareholders Re-Elect Full Solmate Board Solmate said the AGM result showed support for its existing board during a period of public disagreement. All five company-backed nominees were returned, with no director falling below majority support among votes cast. The company said RBCH had urged shareholders to withhold support from certain board nominees. RBCH is described by Solmate as an affiliate of RockawayX and its managing partner and chief executive, Viktor Fischer. The voting range showed similar backing across the full slate, rather than a split result against selected directors. Solmate said this outcome weakened the effort to target Ron Sade and Keren Maimon in particular. RockawayX Dispute Shapes Governance Fight The dispute followed Solmate’s decision not to pursue a proposed transaction involving RockawayX. According to Solmate, the board reviewed available information and decided the proposal was not in the company’s best interests. 🚨JUST IN: Solana DAT @Solmate's board kept control at its 2026 AGM, with all five directors re-elected despite RBCH/RockawayX allegations of insider self-dealing and discounted share issuance. Directors won ~62%-69% support on 71.49% turnout. pic.twitter.com/eh5u05zhDV — SolanaFloor (@SolanaFloor) June 28, 2026 Solmate also said it believed the proposed deal was based on an inflated valuation and disputed financial information. RockawayX and RBCH have raised their own allegations against the company’s leadership. The dispute then moved into a wider governance campaign before the AGM. Solmate said the campaign included a board-removal request, a vote-no effort, and a derivative lawsuit filed before the shareholder meeting. Read also:  Solana’s $600 Dream Gains Momentum as New Apps Boost Bullish Outlook Solmate Says Claims Remain Under Review Solmate said it still intends to pursue claims and protect shareholders after the AGM result. The company framed the vote as support for its board during an active dispute with RBCH and RockawayX. The allegations around self-dealing and discounted share issuance remain part of the broader governance issue. The company has denied the campaign’s claims and said the board acted after reviewing the proposed business transaction. For investors, the result keeps the current leadership structure in place at Solmate Infrastructure. Market attention may now shift to any legal updates, corporate filings, and further statements from the company or opposing shareholders. The post Solmate Crushes Governance Revolt as Shareholders Back Board appeared first on Live Bitcoin News.

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