byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination
byNordic Acquisition (BYNO) has announced a key deadline extension for completing its business combination. The company has deposited $40,312 into its Trust Account to extend the completion period by one month, moving the deadline from April 12, 2025 to May 12, 2025.
This marks the ninth 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 maintains sole discretion to extend the termination date monthly until August 12, 2025, without requiring additional stockholder votes.
byNordic Acquisition (BYNO) ha annunciato una proroga importante per il completamento della sua fusione aziendale. La società ha depositato 40.312 $ nel suo conto fiduciario per estendere il periodo di completamento di un mese, spostando la scadenza dal 12 aprile 2025 al 12 maggio 2025.
Questa rappresenta la nona delle dodici possibili proroghe mensili consentite dal certificato di incorporazione modificato della società a partire dall'8 agosto 2024. Il consiglio di amministrazione mantiene la piena discrezione di estendere mensilmente la data di scadenza fino al 12 agosto 2025, senza necessità di ulteriori votazioni da parte degli azionisti.
byNordic Acquisition (BYNO) ha anunciado una extensión clave para completar su combinación de negocios. La compañía ha depositado $40,312 en su cuenta fiduciaria para extender el período de finalización por un mes, moviendo la fecha límite del 12 de abril de 2025 al 12 de mayo de 2025.
Esta es la novena de hasta doce posibles extensiones mensuales permitidas bajo el certificado de incorporación enmendado de la compañía desde el 8 de agosto de 2024. La junta directiva mantiene la discreción exclusiva para extender la fecha de terminación mensualmente hasta el 12 de agosto de 2025, sin requerir votos adicionales de los accionistas.
byNordic Acquisition (BYNO)는 사업 결합 완료를 위한 주요 기한 연장을 발표했습니다. 회사는 완료 기간을 한 달 연장하기 위해 40,312달러를 신탁 계좌에 입금하여 마감일을 2025년 4월 12일에서 2025년 5월 12일로 연기했습니다.
이번 연장은 2024년 8월 8일부터 회사의 수정된 설립 증명서에 따라 허용된 최대 12회의 한 달 연장 중 아홉 번째입니다. 이사회는 추가 주주 투표 없이 2025년 8월 12일까지 매월 종료일을 연장할 전적인 재량권을 보유하고 있습니다.
byNordic Acquisition (BYNO) a annoncé une extension clé du délai pour finaliser sa fusion d'entreprise. La société a déposé 40 312 $ sur son compte fiduciaire afin de prolonger la période de réalisation d’un mois, repoussant la date limite du 12 avril 2025 au 12 mai 2025.
Il s'agit de la neuvième des douze extensions mensuelles possibles autorisées par le certificat de constitution modifié de la société à partir du 8 août 2024. Le conseil d'administration conserve la seule discrétion pour prolonger mensuellement la date de clôture jusqu'au 12 août 2025, sans nécessiter de nouveaux votes des actionnaires.
byNordic Acquisition (BYNO) hat eine wichtige Fristverlängerung für den Abschluss seiner Unternehmensfusion bekannt gegeben. Das Unternehmen hat 40.312 $ auf sein Treuhandkonto eingezahlt, um die Abschlussfrist um einen Monat zu verlängern und den Stichtag vom 12. April 2025 auf den 12. Mai 2025 zu verschieben.
Dies ist die neunte von bis zu zwölf möglichen einmonatigen Verlängerungen, die gemäß der geänderten Satzung des Unternehmens ab dem 8. August 2024 erlaubt sind. Der Vorstand behält sich das alleinige Ermessen vor, das Enddatum monatlich bis zum 12. August 2025 zu verlängern, ohne zusätzliche Aktionärsabstimmungen einzuholen.
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New York, NY, April 14, 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 (BYNO) to complete its business combination?
How much did BYNO deposit to secure the April 2025 deadline extension?
How many extension periods does BYNO have remaining as of April 2025?
When was BYNO's certificate of incorporation amended to allow these extensions?
Does BYNO need shareholder approval for these monthly deadline extensions?
