Brera Holdings

SLMT

Market cap $24.2M

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Solmate Infrastructure (NASDAQ:SLMT) shares are soaring 46% in Thursday's pre-market trading after the company shared several updates related to its new data centers, its mergers and acquisitions and its financing strategies.

Company updates on validator operations, accompanying data center selection, its planned M&A strategy, as well as its $300M PIPE Securities Purchase Agreement   Registration statement relating to PIPE investor shares will now be filed by November 22, 2025 Abu Dhabi, United Arab Emirates, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Solmate Infrastructure (“Solmate Infrastructure” or the “Company”) (NASDAQ: SLMT) today shared a business and operational update, regarding its validator operations & accompanying data center selection, its planned M&A strategy, and the Registration Rights Agreement (“RRA”) for its oversubscribed $300M PIPE financing. This update reiterates Solmate Infrastructure's commitment to its role as a critical part of the UAE's digital transformation agenda.