Nomadar Corp. 8-K

What Happened

• Nomadar Corp. announced it exercised a purchase option, effective May 18, 2026, to acquire the remaining portion of a 161,433 square meter plot in Puerto de Santa María, Spain, for €4,709,000.61 (plus applicable taxes and costs). The Property is the planned site for Nomadar’s JP Financial Arena development.
• The transaction follows an April 9, 2026 addendum to a November 17, 2025 Land Lease Agreement and Purchase Option with the Company’s controlling shareholder, Sport City Cádiz S.L. The lease term is initially three years, extendable for two more years by mutual agreement.

Key Details

• Purchase option exercised: effective May 18, 2026.
• Land area remaining purchased: 161,433 square meters.
• Purchase price: €4,709,000.61, plus taxes and costs; closing required within 90 business days of the purchase option.
• Option rules: the purchase option may be exercised in increments during the term provided each increment is at least 100,000 square meters.
• Related party: seller/lessor is Nomadar’s controlling shareholder, Sport City Cádiz S.L.
• Company announced the action in a press release dated May 20, 2026 (Exhibit 99.1); the purchase option is filed as Exhibit 10.1.

Why It Matters

• This secures the physical site for Nomadar’s JP Financial Arena project, moving the real-estate development closer to execution.
• The company now has a near-term cash/closing obligation of roughly €4.71 million (plus taxes and costs) to complete the purchase within 90 business days, which could affect cash needs and near-term financing plans.
• Because the counterparty is the controlling shareholder, investors should note this is a related-party transaction disclosed under Item 1.01 and monitor future filings for financing, funding source, and closing completion.