Controlling Shareholder Group Increases Stake to Over 60% in Nomadar Corp.

summarizeSummary

Nomadar Corp.'s controlling shareholder group, Sport City Cadiz S.L. and Cadiz CF, has increased its stake to 60.23% through recent capital contributions and open market purchases, reinforcing their commitment to the company.

check_boxKey Events

• Increased Controlling Stake

  Sport City Cadiz S.L. and Cadiz CF now beneficially own 8,598,557 shares, representing 60.23% of Nomadar Corp.'s Class A Common Stock.

• Recent Capital Contributions

  Sport City Cadiz S.L. received 415,935 shares on February 26, 2026, at $4.66 per share, totaling approximately $1.94 million, as part of a capital contribution agreement.

• Open Market Purchases

  Sport City Cadiz S.L. acquired an additional 199,611 shares on the open market between October 31, 2025, and March 13, 2026, at prices ranging from $3.43 to $18.57.

• Executive Overlap

  Key executives of Nomadar Corp., including the CEO and Co-Chair, also hold executive positions within Cadiz CF, highlighting the strategic alignment and control.

auto_awesomeAnalysis

Sport City Cadiz S.L. and Cadiz CF, the controlling shareholder group of Nomadar Corp., have significantly increased their beneficial ownership to 60.23% of Class A Common Stock. This amendment details recent acquisitions, including capital contributions totaling approximately $1.94 million and open market purchases of 199,611 shares between October 2025 and March 2026. This continued investment by the majority owner, whose executives also hold key leadership positions at Nomadar, signals strong commitment and confidence, particularly important given the company's previously disclosed "going concern" warning in its last annual report.