Cádiz Club de Fútbol makes its Nasdaq debut today with its subsidiary Nomadar. The goal is to raise 123 million euros to finance a sports and leisure complex in El Puerto de Santa María.

What happened?

Cádiz Club de Fútbol has set a date for its leap to the Nasdaq with its subsidiary Nomadar, which promotes a real estate complex in El Puerto de Santa María.

Why is it important for Cádiz Club de Fútbol?

This operation is historic, as no Spanish professional team had used the stock market to raise capital in this way before.

What comes next?

The US broker Clear Street will be in charge of providing liquidity to the stock, and the investment fund Yorkville Advisors has committed to buying shares for 30 million dollars.

StatisticValue
Debut dateOctober 31
Amount of euros to be raised123 million
Price of Nomadar's A shares8-10 dollars