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byNordic Acquisition Corp SEC Filings

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byNordic Acquisition Corporation has extended the deadline to complete its initial business combination by one month. On February 6, 2026, the company deposited $17,470 into its Trust Account, moving the termination date from February 12, 2026 to March 12, 2026.

According to an August 8, 2025 charter amendment, the board may approve up to twelve one-month extensions without another stockholder vote, up to August 12, 2026 or the closing of the company’s first business combination. The February 2026 extension represents the seventh such one-month extension.

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Bynordic Acquisition Corporation extended the time it has to complete its initial business combination by one month after making a required cash deposit into its trust account. On January 7, 2026, the company deposited $17,470 into the trust account, which moves the deadline to consummate a business combination from January 12, 2026 to February 12, 2026.

This extension is part of a previously approved structure that allows the board, without another stockholder vote, to implement monthly extensions of the business combination period up to August 12, 2026, unless a deal closes earlier. The company also noted that it issued a related press release, attached as an exhibit.

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byNordic Acquisition Corporation entered into a new financing arrangement with its sponsor affiliate. On December 15, 2025, the company issued a promissory note for $300,000 to Achilles Capital AB, an affiliate of Water by Nordic AB, its sponsor. The cash will be used for general working capital as the company pursues its initial business combination.

The note bears no interest and is due in full when the company completes its initial business combination. If that combination does not occur, repayment will only be made to the extent the company has funds available outside the trust account set up for its initial public offering. Failure to pay at maturity is an event of default, allowing the lender to accelerate the note.

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ByNordic Acquisition Corporation reported that it has extended the deadline to complete its initial business combination. On December 8, 2025, the company deposited $17,470 into its Trust Account, which extends the time available to close a business combination from December 12, 2025 to January 12, 2026, referred to as the December 2025 Extension.

This extension is part of a previously approved structure that allows the company’s board to lengthen the business combination period in one-month increments, up to August 12, 2026, if a deal closes earlier the process can end sooner. The company also noted that its accompanying press release dated December 11, 2025 is filed as an exhibit.

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byNordic Acquisition Corporation (BYNO) filed its Q3 2025 report, highlighting a smaller trust balance and continued extensions of its merger deadline. Marketable securities held in the trust were $5,436,203 as of September 30, 2025. The company recorded a quarterly net loss of $249,799 and a nine‑month net loss of $565,220, partly offset by trust interest income.

Following redemptions at the August 2025 meeting, 571,053 public shares were redeemed for $7,019,660, and a related 1% excise tax liability of $70,197 was recorded. Class A shares subject to possible redemption were 436,743 at a redemption value of $12.47 per share. Cash outside the trust was $244,010, with a working capital deficit of $7,889,704.

The company’s securities were delisted from Nasdaq on February 18, 2025 and now trade on the OTC Pink market. The board extended the business combination period to December 12, 2025, with the ability to extend monthly to August 12, 2026. Management disclosed substantial doubt about going concern given limited cash, required extension deposits, and the risk of mandatory liquidation if no merger occurs. There are 8,625,000 public warrants outstanding.

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BYNORDIC Acquisition Corporation (BYNO) extended its business combination deadline by one month after depositing $17,470 into its Trust Account on November 7, 2025, moving the deadline from November 12, 2025 to December 12, 2025. This monthly extension follows stockholder-approved amendments from August 6, 2025 that permit extensions, at the Board’s discretion, for up to twelve additional months, until August 12, 2026. The company also announced the action via a press release dated November 10, 2025.

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What is the current stock price of byNordic Acquisition (BYNOU)?

The current stock price of byNordic Acquisition (BYNOU) is $15.95 as of September 24, 2025.

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