byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination
byNordic Acquisition Corporation (NASDAQ:BYNOU) has announced a one-month extension of its deadline to complete a business combination, from July 12, 2025, to August 12, 2025. The company has deposited $40,312 into its trust account to facilitate this extension.
This marks the twelfth and final extension permitted under the company's amended certificate of incorporation from August 8, 2024. The amendment allows the board to extend the termination date monthly without additional stockholder votes. byNordic, led by CEO Michael Hermansson, focuses on acquiring high-technology growth companies in northern Europe.
byNordic Acquisition Corporation (NASDAQ:BYNOU) ha annunciato un'estensione di un mese del termine per completare una combinazione aziendale, spostandolo dal 12 luglio 2025 al 12 agosto 2025. La società ha depositato 40.312 dollari nel suo conto fiduciario per facilitare questa proroga.
Si tratta della dodicesima e ultima estensione consentita dal certificato di incorporazione modificato della società a partire dall'8 agosto 2024. La modifica permette al consiglio di amministrazione di estendere la data di scadenza mensilmente senza ulteriori votazioni degli azionisti. byNordic, guidata dall'amministratore delegato Michael Hermansson, si concentra sull'acquisizione di aziende tecnologiche ad alta crescita nel Nord Europa.
byNordic Acquisition Corporation (NASDAQ:BYNOU) ha anunciado una prórroga de un mes para completar una combinación empresarial, extendiendo el plazo del 12 de julio de 2025 al 12 de agosto de 2025. La compañía ha depositado 40.312 dólares en su cuenta fiduciaria para facilitar esta extensión.
Esta es la duodécima y última prórroga permitida según el certificado de incorporación enmendado de la empresa desde el 8 de agosto de 2024. La enmienda permite que la junta directiva extienda la fecha límite mensualmente sin necesidad de votos adicionales de los accionistas. byNordic, liderada por el CEO Michael Hermansson, se enfoca en adquirir empresas de alto crecimiento tecnológico en el norte de Europa.
byNordic Acquisition Corporation (NASDAQ:BYNOU)는 사업 결합 완료 기한을 2025년 7월 12일에서 2025년 8월 12일로 한 달 연장했다고 발표했습니다. 회사는 이 연장을 위해 40,312달러를 신탁 계좌에 예치했습니다.
이번이 2024년 8월 8일자로 개정된 회사 정관에 따라 허용된 열두 번째이자 마지막 연장입니다. 이 개정안은 추가 주주 투표 없이 이사회가 종료일을 매월 연장할 수 있도록 허용합니다. CEO 마이클 허만손이 이끄는 byNordic은 북유럽의 첨단 기술 성장 기업 인수에 주력하고 있습니다.
byNordic Acquisition Corporation (NASDAQ:BYNOU) a annoncé une prolongation d'un mois du délai pour finaliser une combinaison d'affaires, repoussant la date du 12 juillet 2025 au 12 août 2025. La société a déposé 40 312 dollars sur son compte fiduciaire pour faciliter cette extension.
Il s'agit de la douzième et dernière prolongation autorisée par le certificat de constitution modifié de l'entreprise à compter du 8 août 2024. L'amendement permet au conseil d'administration de prolonger la date de clôture mensuellement sans votes supplémentaires des actionnaires. byNordic, dirigée par le PDG Michael Hermansson, se concentre sur l'acquisition d'entreprises technologiques à forte croissance en Europe du Nord.
byNordic Acquisition Corporation (NASDAQ:BYNOU) hat eine einmonatige Verlängerung der Frist zur Durchführung einer Unternehmenszusammenführung angekündigt, und zwar vom 12. Juli 2025 auf den 12. August 2025. Das Unternehmen hat 40.312 US-Dollar auf sein Treuhandkonto eingezahlt, um diese Verlängerung zu ermöglichen.
Dies ist die zwölfte und letzte Verlängerung, die gemäß der geänderten Satzung des Unternehmens ab dem 8. August 2024 erlaubt ist. Die Änderung erlaubt dem Vorstand, das Enddatum monatlich ohne zusätzliche Aktionärsabstimmungen zu verlängern. byNordic, unter der Leitung von CEO Michael Hermansson, konzentriert sich auf die Übernahme wachstumsstarker High-Tech-Unternehmen in Nordeuropa.
- Company secured additional time to complete a business combination
- Board maintains flexibility to execute merger without additional shareholder approval
- Trust account funds remain protected during extension period
- Final extension period reached, indicating potential time pressure to complete a deal
- Additional costs incurred for extension through trust account deposit
- No specific target company announced yet despite multiple extensions
New York, NY, July 11, 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
