Mergers & Acquisitions ·
Nomadar Corp. announced that Cádiz Club de Fútbol, S.A.D., its parent company, approved a reverse financial partial…
NOMANomadar Corp.
Nomadar Corp. announced that Cádiz Club de Fútbol, S.A.D., its parent company, approved a reverse financial partial spin-off of Sport City Cádiz, S.L.U. to position Nomadar as the ultimate parent of the football club. The transaction involves transferring Sport City's equity interests to itself and allocating them to Cádiz CF shareholders, followed by an exchange where those shareholders contribute their Cádiz CF shares to Sport City for new equity, which is then contributed to Nomadar in exchange for newly issued common stock. This reorganization aims to make Nomadar the majority owner of the professional football club based in Cádiz, Andalusia. The spin-off requires shareholder approval at a meeting expected around September 30, 2026. No valuation or specific number of shares to be issued has been determined yet. Nomadar Corp. operates as a holding company for sports assets, specifically focusing on professional football clubs.