IPO - Sportech City USA, Corp.

Form Type: S-1

Filing Date: 2025-02-06

Corporate Action: Ipo

Type: New

Accession Number: 000149315225005055

Filing Summary: Nomadar Corp. has filed an S-1 registration statement with the SEC for the resale of up to 11,581,218 shares of its Class A common stock by stockholders in connection with a direct listing on the Nasdaq Capital Market. This direct listing differs from an initial public offering, as it does not involve underwriting by an investment bank. Following the direct listing, the company will maintain a significant voting power held by Sportech, which owns the Class B common stock with enhanced voting rights. The company was incorporated in August 2023, derives its name from a change in December 2023, and operates under the umbrella of Sportech, a subsidiary of a Spanish soccer club. The document highlights planned business verticals including a multi-purpose event center, a high-performance training program for young athletes, and licensing agreements regarding the Mágico González brand. The anticipated effects of the listing are discussed, emphasizing the inherent risks and the uncertain future market presence of its shares. Overall, this filing indicates Nomadar’s intent to transition to a public entity while retaining majority control through its parent company.

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Form Type: DRS/A

Filing Date: 2024-12-20

Corporate Action: Ipo

Type: New

Accession Number: 000149315224050838

Filing Summary: Nomadar Corp. is filing an amendment to its registration statement under Form S-1 with the intent to proceed with a direct listing on the Nasdaq Capital Market. The registration statement pertains to the resale of 12,081,218 shares of Class A common stock by registered stockholders without a firm commitment underwriting by any investment banks. The document outlines the structure of the proposed business, including the Sports City project in Cádiz, Spain, a multi-purpose event center, high performance training programs, and exclusive licenses relating to the Mágico González brand. The document emphasizes that the shares have not entered public trading yet and notes potential volatility due to the nature of the direct listing format. The effective date of the registration statement hinges on future amendments until such time as Nasdaq deems it ready for trading. It also highlights the controlling stake of Sportech, with ownership approximately amounting to 92.87% of the voting power post-listing, and discusses various business relations and agreements with Sportech and Cádiz CF that are pivotal for Nomadar's operations and financial support. Risk factors associated with investing in the company, including reliance on Sportech for funding and the company's lack of operational history, are part of the disclosed content. The document presents an optimistic view of providing significant growth avenues through its innovative endeavors and strategic alliances while acknowledging the inherent risks involved in such a venture.

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Form Type: DRS/A

Filing Date: 2024-11-07

Corporate Action: Ipo

Type: New

Accession Number: 000149315224044000

Filing Summary: Nomadar Corp., incorporated in Delaware and a subsidiary of Sportech, is preparing for a direct listing on the Nasdaq Capital Market. This document outlines their initial registration proposal for reselling up to 23,162,436 shares of Class A common stock, primarily owned by Registered Stockholders, without underwriter support. The Company is entering into a significant Real Estate Contribution Agreement to obtain a multi-purpose event center, Sportech City, in Cádiz, Spain, which will cover over 300,000 m² and host a range of facilities including a stadium and retail spaces. Additionally, they aim to leverage a High Performance Training Program to enhance youth soccer development. In light of these developments, there is a substantial focus on community and global soccer outreach, riding on Cádiz CF's legacy while aiming for a controlled governance structure. The plan notes significant risks and implications associated with this direct listing, including heavy reliance on Sportech's financial and operational backing, and uncertainty regarding Nasdaq's listing approval. The opportunity is timed to coincide with major international soccer events, positioning Nomadar to capitalize on upcoming sports trends and enhance its brand presence.

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Form Type: DRS

Filing Date: 2024-08-02

Corporate Action: Ipo

Type: New

Accession Number: 000149315224030043

Filing Summary: Nomadar Corp. has filed a draft registration statement with the SEC regarding a direct listing of its Class A common stock on the Nasdaq Capital Market. This registration encompasses the resale of up to 54,186,264 shares by stockholders and marks an important step for Nomadar as they transition from private to public ownership. The company, incorporated in Delaware, is a subsidiary of Sport City Cádiz S.L. and has plans to develop a multi-purpose European stadium in Cádiz, Spain. Nomadar aims to lead in sports innovation by leveraging the Cádiz CF brand and starting its operations in 2023. This direct listing differs from an initial public offering (IPO) as it involves the resale of existing shares rather than newly issued shares. Market trading is anticipated to commence once the listing is approved by Nasdaq, enabling public access to Nomadar's stock. The document outlines various risk factors associated with the business's growth potential, including reliance on Cádiz CF, competitive market conditions, and the overall success of the Sportech City project, as well as implications of being a controlled company due to ownership stakes. The filing indicates that the registration statement is confidential and has not been publicly filed, highlighting its preliminary status as disclaimers regarding future changes to the prospectus were also noted.

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