byNordic Acquisition Corp Files 8-K on Corporate Structure
Ticker: BYNOW · Form: 8-K · Filed: Mar 11, 2024 · CIK: 1801417
| Field | Detail |
|---|---|
| Company | Bynordic Acquisition CORP (BYNOW) |
| Form Type | 8-K |
| Filed Date | Mar 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0, $0.0001, $11.50, $105,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-structure, spac, filing
Related Tickers: BYNO
TL;DR
BYNO 8-K filed: Units are common stock + warrants. No new deals yet.
AI Summary
On March 11, 2024, byNordic Acquisition Corp filed an 8-K report. The filing primarily concerns the company's structure and its units, which consist of common stock and redeemable warrants. No specific business operations or financial transactions are detailed in this particular filing.
Why It Matters
This filing provides details on the composition of byNordic Acquisition Corp's units, which include common stock and warrants, crucial for understanding the company's capital structure.
Risk Assessment
Risk Level: low — This filing is procedural and details the company's structure rather than announcing significant new business events or financial risks.
Key Players & Entities
- byNordic Acquisition Corp (company) — Registrant
- March 11, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-41273 (commission_file_number) — SEC File Number
FAQ
What is the par value of byNordic Acquisition Corp's Class Common Stock?
The par value of byNordic Acquisition Corp's Class Common Stock is $0.0001 per share.
What are the components of a byNordic Acquisition Corp unit?
Each unit of byNordic Acquisition Corp consists of one share of Class Common Stock and one-half of one redeemable warrant.
What is the exercise price for the redeemable warrants?
The exercise price for the redeemable warrants is $11.50 per share.
What is the filing date of this 8-K report?
The filing date of this 8-K report is March 11, 2024.
What is the SIC code for byNordic Acquisition Corp?
The Standard Industrial Classification (SIC) code for byNordic Acquisition Corp is 6770 (BLANK CHECKS).
Filing Stats: 832 words · 3 min read · ~3 pages · Grade level 14.8 · Accepted 2024-03-11 17:02:08
Key Financial Figures
- $0 — hare of Class A common stock, par value $0.0001, and one-half of one redeemable wa
- $0.0001 — t LLC Class A common stock, par value $0.0001 per share BYNO The Nasdaq Stock Mar
- $11.50 — A common stock at an exercise price of $11.50 per share BYNOW The Nasdaq Stock Ma
- $105,000 — sion, on March 11, 2024, BYNO deposited $105,000 into the Trust Account thereby extendin
Filing Documents
- ea0201571-8k_bynordic.htm (8-K) — 32KB
- ea020157101ex99-1_bynordic.htm (EX-99.1) — 6KB
- 0001213900-24-021458.txt ( ) — 264KB
- byno-20240311.xsd (EX-101.SCH) — 4KB
- byno-20240311_def.xml (EX-101.DEF) — 27KB
- byno-20240311_lab.xml (EX-101.LAB) — 37KB
- byno-20240311_pre.xml (EX-101.PRE) — 25KB
- ea0201571-8k_bynordic_htm.xml (XML) — 7KB
01 Other Events
Item 8.01 Other Events Extension of Business Combination Period to April 12, 2024 As previously disclosed, on August 10, 2023, byNordic Acquisition Corporation (" BYNO ") held a special meeting of stockholders to consider, among other things, proposals to amend BYNO's amended and restated certificate of incorporation in order to extend the time BYNO has to complete its initial business combination from August 11, 2023 to February 12, 2024, or such earlier date as determined by the Company's board of directors (the " Board "), in its sole discretion, and to allow BYNO, without another stockholder vote, to elect to extend the termination date by one additional month, for a total of six additional months, until August 12, 2024, unless the closing of BYNO's initial business combination shall have occurred prior thereto. On March 11, 2024, the Board elected to extend the time available to BYNO to consummate its initial business combination from March 12, 2024 to April 12, 2024 (the " March 2024 Extension "). In connection with the March 2024 Extension, on March 11, 2024, BYNO deposited $105,000 into the Trust Account thereby extending the period of time for BYNO to consummate a business combination to April 12, 2024. BYNO issued the press release distributed herewith on March 11, 2024. The materials attached as Exhibit 99.1 are incorporated by reference herein.
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these
forward-looking statements can be identified by the use of words such as "believes," "expects," "intends,"
forward-looking statements can be identified by the use of words such as "believes," "expects," "intends," "plans," "estimates," "assumes," "may," "should," "will," "seeks," or other similar expressions. Such statements may include, but are not limited to, statements regarding the impact of the Company's restatement of certain historical financial statements, the Company's cash position and cash held in the Trust Account and any proposed remediation measures with respect to identified material weaknesses. These statements are based on current expectations on the date of this Current Report on Form 8-K and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 11, 2024 BYNORDIC ACQUISITION CORPORATION By: /s/ Thomas Fairfield Name: Thomas Fairfield Title: Chief Financial Officer 2