Nomadar (NOMA) Registration filing summary

Company overview and business model

• Innovation arm of Cádiz CF with four proposed or active verticals: high-performance soccer training, stadium events, a multi-purpose event center, and Mágico González merchandise and licensing; soccer academies are also planned.

• HPT revenue comes from athlete fees for programs generally lasting one to ten months; ~20 players were enrolled long-term and ten had joined short-term programs as of the filing.

• Stadium-event revenue includes upfront coordinator fees and a share of ticket sales; 2025 revenue began under purchase orders, while the 10-year stadium agreement has no fixed minimum recurring payments.

• HPT and Mágico González rights are licensed from Cádiz CF for 20 years, with royalties of 15% of net sales; U.S. e-commerce launch was planned for Q4 2025.

Financial performance and metrics

• FY2024 revenue was $8,025 and net loss was $1.37 million; professional fees were the primary loss driver.

• H1 2025 revenue was $499,570, gross profit $228,476, and net loss $914,077; revenue included $321,082 from HPT and $178,488 from stadium events.

• At June 30, 2025, cash was $186,070, working-capital deficit $2.08 million, and accumulated deficit $2.33 million; auditor and management cited substantial doubt about going-concern ability.

• Estimated monthly burn was $192,000 from September 2025 through April 2027, when additional funding was anticipated.

Use of proceeds and capital allocation

• Resales by registered stockholders generate no proceeds for the issuer; proceeds from the direct listing are not designated for business investment.

• Sportech City development and infrastructure are estimated to require €285 million (~$334.1 million); the proposed funding mix includes ~€162 million debt and ~€123 million equity beginning in 2027.

• Sportech committed up to $10 million for operations in 2025–2027, conditional on U.S. national-exchange listing, in exchange for shares priced under a formula tied to market prices.

• The Yorkville SEPA permits up to $30 million in share purchases; up to $3 million in prepaid advances were structured as convertible notes, with $1 million funded by June 30, 2025.