Nasdaq to delist Chain Bridge I; company signs non-redemption agreements to retain trust funds

Chain Bridge I

Nasdaq notified Chain Bridge I on Nov 11 it will deliver delisting letter on Nov 12 because it missed the 36-month deadline to complete a business combination.
Company applied to list on OTCQB; approval not guaranteed; delisting would reduce liquidity and ability to raise capital.
If Phytanix deal fails, delisting will force liquidation; warrants would expire worthless.
Entered non-redemption agreements for up to 429,180 shares; backstop investors to purchase up to 321,984 additional shares in open market.
Meeting on Nov 14 to vote on extension to Nov 15, 2025; non-redemption agreements not expected to affect vote but boost trust cash.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.