M&A Foundations · glossary
The regulatory threshold of ownership or influence in an authorised financial firm — broadly 10% or more of shares or votes, or the ability to exercise significant influence. Acquiring or increasing one requires the regulator's prior approval, which is exactly the approval Atlas needs from the CBI in Project Sunrise. Clause 5.1 · Chapter 13
Explained in Chapter 13, Signing to Completion, of M&A Foundations.
Sunrise splits for one reason. Solaris is a MiCA-authorised crypto-asset service provider, and no one may acquire a qualifying holding in such a firm without the prior approval of its regulator. A qualifying holding is, broadly, 10% or more of the firm’s capital or voting rights, or significant influence. So Atlas and Meridian signed on 14 July 2026. Completion is conditional on the Central Bank of Ireland approving Atlas’s acquisition of a qualifying holding in Solaris…Read Chapter 13, Signing to Completion →
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