Biomolecular Life Holdings (BIOM) agreed to acquire land in Llanogrande, Colombia, through an all-stock transaction for a planned wellness and longevity retreat.
The property is held by BSD SAS, owned by BIOM President and Chief Executive Officer Jessika Wiesner, making the proposed acquisition a related-party transaction. An independent property appraisal will determine the number of BIOM shares issued. The company expects the structure to preserve cash for development while adding real estate to its balance sheet.
Construction is anticipated to begin in January 2027, with opening targeted for the first quarter of 2028, subject to financing, permitting, regulatory approvals and construction timelines. The site is approximately 10 minutes from José María Córdova International Airport. Planned operations include accommodation and wellness services, alongside nutraceutical sales supported by a letter of intent to acquire Biomolecular Life.