byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination
byNordic Acquisition (NASDAQ: BYNOU), a special purpose acquisition company, has announced an extension of its deadline to complete a business combination. The company has deposited $40,312 into its trust account to extend the completion period by one month, from September 12, 2024, to October 12, 2024. This marks the second of up to twelve possible one-month extensions allowed under the company's amended certificate of incorporation. The board of directors can now extend the termination date monthly until August 12, 2025, without requiring additional stockholder votes.
byNordic Acquisition (NASDAQ: BYNOU), una società di acquisizione a scopo speciale, ha annunciato un'estensione della sua scadenza per completare una combinazione aziendale. L'azienda ha depositato $40.312 nel suo conto fiduciario per estendere il periodo di completamento di un mese, dal 12 settembre 2024 al 12 ottobre 2024. Questo segna la seconda di fino a dodici possibili estensioni mensili consentite ai sensi del certificato di incorporazione modificato dell'azienda. Il consiglio di amministrazione può ora estendere la data di scadenza mensilmente fino al 12 agosto 2025, senza necessità di ulteriori voti da parte degli azionisti.
byNordic Acquisition (NASDAQ: BYNOU), una compañía de adquisición de propósito especial, ha anunciado una extensión de su plazo para completar una combinación empresarial. La compañía ha depositado $40,312 en su cuenta fiduciaria para extender el período de finalización por un mes, del 12 de septiembre de 2024 al 12 de octubre de 2024. Esto marca la segunda de hasta doce posibles extensiones de un mes permitidas bajo el certificado de incorporación enmendado de la compañía. La junta directiva ahora puede extender la fecha de terminación mensualmente hasta el 12 de agosto de 2025, sin requerir votos adicionales de los accionistas.
byNordic Acquisition (NASDAQ: BYNOU), 특별목적 인수회사,가 사업 결합을 완료할 마감일을 연장한다고 발표했습니다. 이 회사는 완료 기간을 한 달 연장하기 위해 신탁 계좌에 $40,312를 예치했습니다. 이로 인해 2024년 9월 12일부터 2024년 10월 12일로 기한이 연장되었습니다. 이는 회사의 수정된 정관에 따라 허용되는 최대 12번의 가능한 한 달 연장의 두 번째입니다. 이사회는 이제 2025년 8월 12일까지 매달 종료 날짜를 연장할 수 있으며, 추가 주주 투표가 필요하지 않습니다.
byNordic Acquisition (NASDAQ: BYNOU), une société d'acquisition à but spécial, a annoncé une prolongation de son délai pour compléter une combinaison d'entreprises. La société a déposé 40 312 $ dans son compte fiduciaire pour prolonger la période de réalisation de un mois, passant du 12 septembre 2024 au 12 octobre 2024. Cela marque la deuxième des douze extensions d'un mois possibles autorisées par le certificat de constitution modifié de la société. Le conseil d'administration peut désormais prolonger la date de cessation mensuellement jusqu'au 12 août 2025, sans nécessiter de votes supplémentaires des actionnaires.
byNordic Acquisition (NASDAQ: BYNOU), ein Unternehmen für spezielle Zweckakquisitionen, hat eine Verlängerung seiner Frist zur Durchführung einer Unternehmenszusammenlegung bekannt gegeben. Das Unternehmen hat 40.312 Dollar auf ein Treuhandkonto eingezahlt, um den Abschlusszeitraum um einen Monat zu verlängern, von 12. September 2024 bis 12. Oktober 2024. Dies stellt die zweite von bis zu zwölf möglichen monatlichen Verlängerungen dar, die unter der geänderten Satzung des Unternehmens zulässig sind. Der Vorstand kann nun das Enddatum monatlich bis zum 12. August 2025 verlängern, ohne dass zusätzliche Aktionärsabstimmungen erforderlich sind.
- Extension provides additional time to complete a business combination
- Board has flexibility to extend deadline monthly without shareholder approval
- Company has the option for up to twelve one-month extensions
- Deposit of $40,312 required for each monthly extension
- Potential delay in completing the initial business combination
- Uncertainty regarding the company's ability to finalize a deal within the extended timeframe
New York, NY, Sept. 12, 2024 (GLOBE NEWSWIRE) -- byNordic Acquisition Corporation (NASDAQ: BYNO (“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
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