byNordic Acquisition Corp Files 8-K on Corporate Structure
Ticker: BYNOW · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1801417
| Field | Detail |
|---|---|
| Company | Bynordic Acquisition CORP (BYNOW) |
| Form Type | 8-K |
| Filed Date | Jun 10, 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 filed an 8-K detailing its stock and warrant structure. Nothing major happening yet.
AI Summary
On June 10, 2024, byNordic Acquisition Corp filed an 8-K report. The filing primarily concerns the company's structure and the details of its units, common stock, and redeemable warrants. No specific business events or financial transactions were detailed in this particular filing.
Why It Matters
This filing clarifies the structure of byNordic Acquisition Corp's securities, including its common stock and warrants, which is important for investors to understand their holdings.
Risk Assessment
Risk Level: low — This filing is procedural and details the company's corporate structure rather than announcing significant financial events or risks.
Key Players & Entities
- byNordic Acquisition Corp (company) — Registrant
- June 10, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-41273 (commission_file_number) — SEC File Number
- BYNO (ticker) — Company ticker symbol
FAQ
What is the par value of byNordic Acquisition Corp's common stock?
The par value of byNordic Acquisition Corp's Class Common Stock is $0.0001 per share.
What is the exercise price for the redeemable warrants?
The redeemable warrants are exercisable for one share of Class Common Stock at an exercise price of $11.50 per share.
What is the SIC code for byNordic Acquisition Corp?
The Standard Industrial Classification (SIC) code listed is 6770 for BLANK CHECKS.
Where is byNordic Acquisition Corp incorporated?
byNordic Acquisition Corp is incorporated in Delaware.
What is the fiscal year end for byNordic Acquisition Corp?
The fiscal year end for byNordic Acquisition Corp is December 31st (1231).
Filing Stats: 808 words · 3 min read · ~3 pages · Grade level 14.5 · Accepted 2024-06-10 16:07:10
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 — een approved by the Board by depositing $105,000 into the Trust Account, thereby extendi
Filing Documents
- ea0207590-8k_bynordic.htm (8-K) — 37KB
- ea0207590-8kex99i_bynordic.htm (EX-99.1) — 6KB
- 0001213900-24-051215.txt ( ) — 275KB
- byno-20240610.xsd (EX-101.SCH) — 4KB
- byno-20240610_def.xml (EX-101.DEF) — 27KB
- byno-20240610_lab.xml (EX-101.LAB) — 38KB
- byno-20240610_pre.xml (EX-101.PRE) — 26KB
- ea0207590-8k_bynordic_htm.xml (XML) — 8KB
01 Other Events
Item 8.01 Other Events. Extension of Business Combination Period to July 12, 2024 As previously disclosed, on August 10, 2023, 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 June 10, 2024, the Company funded the extension that had previously been approved by the Board by depositing $105,000 into the Trust Account, thereby extending the time available to the Company to consummate its initial business combination from June 12, 2024 to July 12, 2024 (the " June 2024 Extension "). BYNO issued the press release distributed herewith on June 10, 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 Certain of these 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.
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: June 10, 2024 BYNORDIC ACQUISITION CORPORATION By: /s/ Thomas Fairfield Name: Thomas Fairfield Title: Chief Financial Officer