Chain Bridge I

Chain Bridge I has filed a Definitive Proxy Statement (DEF 14A) announcing an Extraordinary General Meeting to be held on November 2, 2026. The primary purpose is to vote on a proposal to amend the company's charter to extend the deadline for completing an initial business combination from November 15, 2026, to November 15, 2027. This extension is sought to provide additional time to identify and consummate a suitable business combination. Shareholders will retain the right to redeem their shares for a pro rata portion of the trust account if the amendment is approved. The Board of Directors recommends a 'FOR' vote on both the amendment and an adjournment proposal.

Chain Bridge I entered into an amendment to its Senior Note, extending its maturity date from June 30, 2026, to November 15, 2026, and removing a prior event of default. Additionally, the company issued new unsecured, non-interest bearing promissory notes totaling $312,500 in principal, for a purchase price of $250,000. These new notes also mature on November 15, 2026, and their proceeds will be used for initial business combination expenses and general corporate purposes.

Chain Bridge I, a blank check company, reported a net loss of $(436,659) for Q1 2026, an increase from $(363,640) in Q1 2025. The company's cash balance significantly decreased to $136,637 from $390,255 at the end of 2025. The company continues to face challenges, including its delisting from Nasdaq in April 2025 and ongoing shareholder redemptions, which have reduced funds in the Trust Account and pose a material adverse impact on its ability to complete a business combination.