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Cadiz CF entities disclose 60.23% Nomadar (NOMA) ownership and control stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Sport City Cadiz S.L. and Cadiz CF report majority ownership of Nomadar Corp.’s Class A common stock. They jointly report beneficial ownership of 8,598,557 shares, representing 60.23% of the class. This percentage is based on 14,275,900 shares outstanding as of March 31, 2026.

The stake was built through multiple share issuances under a capital contribution agreement and an assignment agreement, plus open‑market purchases. The reporting persons state they hold the investment for general investment purposes and may buy more or sell shares while engaging with Nomadar’s board and management on strategic and governance matters.

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Insights

Cadiz-related entities disclose a controlling 60.23% stake in Nomadar.

Sport City Cadiz S.L. and Cadiz CF report joint beneficial ownership of 8,598,557 Nomadar shares, equating to 60.23% of the Class A common stock. This level of ownership effectively positions them as controlling shareholders, with shared voting and dispositive power over the same number of shares.

The position was accumulated via low-priced early issuances (6,972,578 shares at $0.01) and later issuances at higher stated values, plus open-market purchases. The filing notes ongoing flexibility: they may increase or reduce holdings and intend to discuss strategy, capital structure, and potential business combinations with the company.

Leadership overlaps reinforce influence: Nomadar’s CEO and Co-Chair is also an executive vice president of Cadiz CF, and its Co-Chair is Cadiz CF’s president. Subsequent Nomadar filings may offer more detail on how this control stake shapes governance and strategic choices.

Beneficially owned shares 8,598,557 shares Shares of Nomadar Class A common stock jointly beneficially owned
Ownership percentage 60.23% Percent of Nomadar Class A common stock represented by 8,598,557 shares
Shares outstanding 14,275,900 shares Nomadar Class A common stock outstanding as of March 31, 2026
Initial Sportech issuance 6,972,578 shares at $0.01/share Common stock issued to Sport City Cadiz S.L. between August 2023 and March 2024
November 20, 2025 issuance 260,433 shares at $8.68/share Common stock issued to Sport City Cadiz S.L. under Contribution Agreement
February 26, 2026 issuance 415,935 shares at $4.66/share Common stock issued to Sport City Cadiz S.L. under Contribution Agreement
Open-market purchases 199,611 shares at $3.43–$18.57 Shares bought by Sport City Cadiz S.L. between Oct. 31, 2025 and Mar. 13, 2026
Cadiz CF assignment issuance 750,000 shares at $10.00/share Common stock issued to Cadiz CF on June 12, 2025 under assignment agreement
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 8,598,557.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
reverse stock split financial
"after taking into account the Issuer's 1-for-2 reverse stock split and permitted transfers"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
capital contribution agreement financial
"pursuant to a capital contribution agreement dated November 1, 2024, as amended June 12, 2025"
assignment agreement financial
"the Issuer issued Cadiz CF 750,000 shares of common stock in connection with the entry into an assignment agreement"
shared voting power financial
"Shared Voting Power 8,598,557.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.





65531Y106

(CUSIP Number)
Zachary Weiss
Dentons US LLP,, 1221 Avenue of the Americas
New York, NY, 10020
212-398-5792

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/31/2025

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Based on 14,275,900 shares of Class A common stock, par value $0.000001 per share (the "Common Stock") of Nomadar Corp, a Delaware corporation (the "Issuer") outstanding as of March 31, 2026, as reported in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission (the "Commission") on March 31, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Based on 14,275,900 shares of Common Stock outstanding as of March 31, 2026, as reported in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Commission on March 31, 2026.


SCHEDULE 13D


Sport City Cadiz S.L.
Signature:/s/ Manuel Ignacio Diaz Charlo
Name/Title:Manuel Ignacio Diaz Charlo, General Manager
Date:04/27/2026
Cadiz CF
Signature:/s/ Manuel Vizcaino Fernandez
Name/Title:Manuel Vizcaino Fernandez, President
Date:04/27/2026

FAQ

How much of Nomadar Corp. (NOMA) do Sport City Cadiz S.L. and Cadiz CF own?

Sport City Cadiz S.L. and Cadiz CF report beneficial ownership of 8,598,557 Nomadar Corp. shares, representing 60.23% of the Class A common stock. This percentage is calculated using 14,275,900 shares outstanding as of March 31, 2026, from Nomadar’s Form 10-K.

How did Sport City Cadiz S.L. build its stake in Nomadar Corp. (NOMA)?

Sport City Cadiz S.L. accumulated its stake through multiple share issuances and open-market purchases. It received 6,972,578 shares at $0.01, plus 260,433 shares at $8.68 and 415,935 shares at $4.66, and bought 199,611 shares in the market between $3.43 and $18.57.

What shares did Cadiz CF receive from Nomadar Corp. (NOMA)?

On June 12, 2025, Cadiz CF received 750,000 Nomadar common shares in connection with an assignment agreement, at a stated value of $10.00 per share. This issuance forms part of the overall 8,598,557 shares jointly reported as beneficially owned by the Cadiz-related entities.

What is the relationship between Nomadar Corp. (NOMA) and Cadiz CF’s management?

Nomadar’s leadership overlaps with Cadiz CF. Rafael Contreras, Nomadar’s CEO and Co-Chair, is an Executive Vice President of Cadiz CF, and Manuel Vizcaino, Nomadar’s Co-Chair, is President of Cadiz CF, reinforcing Cadiz CF’s influence over Nomadar.

What are Sport City Cadiz S.L. and Cadiz CF’s intentions with their Nomadar (NOMA) stake?

The reporting persons state they hold their Nomadar stake for investment purposes and may buy more or sell shares over time. They may also discuss business, operations, capital structure, governance, management, and strategic alternatives with Nomadar’s board and management on an ongoing basis.