byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination
byNordic Acquisition Corporation (BYNOU) has announced an extension of its deadline to complete a business combination. The company has deposited $40,312 into its trust account to extend the completion period by one month, from May 12, 2025 to June 12, 2025. This marks the tenth of up to twelve possible one-month extensions permitted under the company's amended certificate of incorporation from August 8, 2024. The board of directors has the authority to extend the termination date monthly until August 12, 2025 without requiring additional stockholder votes.
byNordic Acquisition Corporation (BYNOU) ha annunciato un'estensione della scadenza per completare una fusione aziendale. La società ha depositato 40.312 $ nel suo conto fiduciario per prolungare il periodo di completamento di un mese, dal 12 maggio 2025 al 12 giugno 2025. Questa è la decima delle dodici possibili estensioni mensili consentite dal certificato di incorporazione modificato della società a partire dall'8 agosto 2024. Il consiglio di amministrazione ha l'autorità di estendere la data di termine mensilmente fino al 12 agosto 2025 senza richiedere ulteriori votazioni degli azionisti.
byNordic Acquisition Corporation (BYNOU) ha anunciado una prórroga del plazo para completar una combinación de negocios. La compañía ha depositado 40,312 $ en su cuenta fiduciaria para extender el período de finalización por un mes, del 12 de mayo de 2025 al 12 de junio de 2025. Esta es la décima de hasta doce posibles prórrogas mensuales permitidas bajo el certificado de incorporación modificado de la compañía desde el 8 de agosto de 2024. La junta directiva tiene la autoridad para extender la fecha de terminación mensualmente hasta el 12 de agosto de 2025 sin requerir votos adicionales de los accionistas.
byNordic Acquisition Corporation (BYNOU)가 비즈니스 결합 완료 기한을 연장했다고 발표했습니다. 회사는 완료 기간을 한 달 연장하기 위해 40,312달러를 신탁 계좌에 예치했으며, 연장 기간은 2025년 5월 12일에서 2025년 6월 12일까지입니다. 이는 2024년 8월 8일부터 회사의 수정된 설립 증명서에 따라 허용된 최대 12회 중 10번째 한 달 연장입니다. 이사회는 추가 주주 투표 없이 2025년 8월 12일까지 매월 종료일을 연장할 권한을 보유하고 있습니다.
byNordic Acquisition Corporation (BYNOU) a annoncé une prolongation de son délai pour finaliser une fusion d'entreprise. La société a déposé 40 312 $ sur son compte en fiducie afin de prolonger la période de réalisation d’un mois, du 12 mai 2025 au 12 juin 2025. Il s'agit de la dixième des douze extensions mensuelles possibles autorisées par le certificat de constitution modifié de la société depuis le 8 août 2024. Le conseil d'administration a le pouvoir de prolonger la date de clôture chaque mois jusqu'au 12 août 2025 sans nécessiter de votes supplémentaires des actionnaires.
byNordic Acquisition Corporation (BYNOU) hat eine Verlängerung der Frist zur Durchführung einer Unternehmenszusammenführung angekündigt. Das Unternehmen hat 40.312 $ auf sein Treuhandkonto eingezahlt, um den Abschlusszeitraum um einen Monat zu verlängern, und zwar vom 12. Mai 2025 bis zum 12. Juni 2025. Dies ist die zehnte von bis zu zwölf möglichen einmonatigen Verlängerungen, die gemäß der geänderten Satzung des Unternehmens seit dem 8. August 2024 erlaubt sind. Der Vorstand hat die Befugnis, das Enddatum monatlich bis zum 12. August 2025 zu verlängern, ohne dass zusätzliche Aktionärsabstimmungen erforderlich sind.
- None.
- Company has not yet completed its business combination after 10 extensions
- Additional time extensions may indicate difficulties in finding or finalizing a suitable merger target
New York, NY, May 09, 2025 (GLOBE NEWSWIRE) -- byNordic Acquisition Corporation (“BYNO” or the “Company”), a special purpose acquisition company, announced today that the Company has timely deposited into the Company’s trust account (the “Trust Account”), an aggregate of
About byNordic Acquisition Corporation
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. While the Company may pursue an initial business combination with a company in any sector or geography, it intends to focus its search on high technology growth companies based in the northern part of Europe.
Forward Looking Statements
This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
byNordic Acquisition Corporation Contact:
Michael Hermansson
+46 707 294100
ir@bynordic.se
FAQ
What is the new deadline for byNordic Acquisition Corporation (BYNOU) to complete its business combination?
How much did BYNOU deposit to extend its business combination deadline?
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