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byNordic Acquisition Corporation - BYNOU STOCK NEWS

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byNordic Acquisition Corp is a blank check company. byNordic Acquisition Corporation, led by Chief Executive Officer Michael Hermansson, is a special purpose acquisition company formed with the purpose of entering into a business combination with one or more businesses. The Company may pursue an initial business combination with a company in any sector or geography, focusing on high technology growth companies based in the northern part of Europe.

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byNordic Acquisition (NASDAQ: BYNO) has extended its deadline to complete a business combination by one month, from July 12, 2024, to August 12, 2024. This marks the sixth and final one-month extension allowed under the company's amended certificate of incorporation, which was updated on August 10, 2023. The company has deposited $105,000 into its trust account to facilitate this extension. No additional stockholder vote was required for this extension.

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byNordic Acquisition (NASDAQ: BYNO) announced on June 10, 2024, that it has extended the deadline to complete its business combination. The extension is for an additional month, from June 12, 2024, to July 12, 2024, following a $105,000 deposit into the company's trust account. This marks the fifth of up to six possible one-month extensions, as per the amendment made on August 10, 2023. The board of directors has the discretion to extend the termination date without another stockholder vote until August 12, 2024, or until the business combination is completed.

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byNordic Acquisition (NASDAQ: BYNO) has extended the deadline to complete a business combination by depositing $105,000 into the Trust Account, allowing an additional one-month period until June 12, 2024. This marks the fourth extension out of a possible six permitted under the August 10, 2023 amendment, giving flexibility to the board of directors until August 12, 2024.

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byNordic Acquisition extends the deadline to complete a business combination by depositing $105,000 into the Trust Account, allowing for an additional one-month period until May 12, 2024. This marks the third extension out of a possible six, as per the Company's amended Certificate of Incorporation.
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byNordic Acquisition Corporation (NASDAQ: BYNO) extends the period for completing a business combination by depositing $105,000 into the Trust Account, allowing an additional one-month extension. The Company can opt for up to six extensions until August 12, 2024.
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byNordic Acquisition Corporation (NASDAQ: BYNO) extends the time to complete a business combination by depositing $105,000 into the Trust Account, allowing for a one-month extension until March 12, 2024. This marks the first of up to six permitted extensions, providing flexibility until August 12, 2024.
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byNordic Acquisition Corporation (NASDAQ: BYNO) announced actions in anticipation of a special meeting of stockholders. The proposal is to extend the date for consummating an initial business combination from August 11, 2023, to February 12, 2024. The Company's sponsor, Water byNordic AB, will deposit into the trust account $600,000 or $0.18 per share of publicly held Class A common stock not redeemed. If the date is extended beyond February 12, 2024, the sponsor will deposit $100,000 or $0.03 per outstanding public share for each additional month. The contributions will be repayable upon the consummation of an initial business combination.
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FAQ

What is byNordic Acquisition Corp's primary business model?

The company is a special purpose acquisition company formed to enter into a business combination with one or more businesses.

Who leads byNordic Acquisition Corporation?

Chief Executive Officer Michael Hermansson is leading the company.

What type of companies does byNordic Acquisition Corporation target for business combinations?

The company focuses on high technology growth companies based in the northern part of Europe.

What is the recent achievement of byNordic Acquisition Corporation?

The company deposited an aggregate of $105,000 into its Trust Account to extend the completion period for a business combination.

How many extensions are permitted for byNordic Acquisition Corporation to complete a business combination?

Up to six one-month extensions are permitted by the Company's Amended and Restated Certificate of Incorporation.

byNordic Acquisition Corporation

Nasdaq:BYNOU

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