Biomolecular Life to Buy CEO-Owned Colombia Land in All-Stock Deal
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Miami – November 10, 2026 -- Biomolecular Life Holdings, Inc. (OTC: BIOM) has agreed to acquire land in Llanogrande, Rionegro, Antioquia, Colombia, from a company owned by its own President and CEO, paying entirely in BIOM shares to fund a planned wellness spa and longevity retreat.
Related-party all-stock deal sets share count by independent appraisal
The seller, BSD SAS, is a Colombian company owned by Jessika Wiesner, BIOM's President and Chief Executive Officer. The number of shares to be issued will be set by an independent appraisal of the property. Because the seller is controlled by the CEO, the transaction is classified as a related-party deal.
Management says the structure adds a real estate asset to the balance sheet and preserves cash for development.