byNordic Acquisition Corp

byNordic Acquisition Corp. has scheduled an Annual Meeting for August 6, 2026, to seek stockholder approval for an extension of its deadline to complete a business combination. The company proposes to amend its charter to extend the termination date from August 12, 2026, to August 12, 2027, with monthly extensions elected by the board. If approved, the Sponsor will contribute $0.04 per public share for each monthly extension, and public stockholders will have the option to redeem their shares at approximately $13.09 per share, compared to a market price of $12.65.

byNordic Acquisition Corp announced it has extended the deadline to complete its initial business combination from June 12, 2026, to July 12, 2026. The company deposited $17,470 into its Trust Account to fund this one-month extension. This is the eleventh of up to twelve permitted extensions, allowing BYNO more time to finalize a deal.

byNordic Acquisition Corp reported a net loss of $(505,855) for the three months ended March 31, 2026, significantly wider than the $(179,458) loss in the prior year. The company's cash balance decreased to $86,274, and its accumulated deficit grew to $(14,961,622). The SPAC was delisted from Nasdaq on February 18, 2025, and now trades on the over-the-counter market, continuing to extend its Business Combination Period, now until June 12, 2026.

byNordic Acquisition Corp (BYNO) announced it has extended the period to complete a business combination for an additional one month, from May 12, 2026, to June 12, 2026. The company deposited $17,470 into its Trust Account for this extension. This marks the tenth of up to twelve one-month extensions allowed under an August 2025 amendment, with the final possible termination date being August 12, 2026.

byNordic Acquisition Corp issued a $250,000 promissory note to Achilles Capital AB, an affiliate of its sponsor, Water by Nordic AB. The note, which bears no interest, is for general working capital and is due upon the consummation of the company's initial business combination. If no business combination occurs, repayment is limited to funds outside the trust account, and the payee has waived claims against the Trust Account. For tax purposes, the note will be treated as an equity interest.

byNordic Acquisition Corp (BYNO) has announced an extension of the period available to complete its initial business combination. The company funded a deposit of $17,470 into its Trust Account on April 7, 2026, pushing the deadline from April 12, 2026, to May 12, 2026. This extension provides BYNO with additional time to identify and finalize a merger or acquisition target, aligning with previously approved provisions that allow for monthly extensions up to August 12, 2026. Such extensions are common for Special Purpose Acquisition Companies (SPACs) as they navigate the complexities of deal-making.