---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-039149"
form_type: "8-K"
ticker: "BYNO"
cik: "0001801417"
company_name: "byNordic Acquisition Corp"
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:25:27.272214+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# byNordic Acquisition extends deadline to Aug 11, 2023; sponsor deposits $1.725M into trust

## Summary
- Sponsor deposits $1.725M ($0.10/share) into trust to extend business combination deadline from May 11 to Aug 11, 2023.
- Company issues $1.725M extension promissory note dated May 9, 2023 to sponsor.
- Additional $775,000 working capital promissory note issued to sponsor on May 12, 2023.
- Sponsor’s loan convertible into Class A common stock identical to those issued in the IPO private placement.
- Extension gives SPAC more time to find a target; focus remains on northern European high-tech growth companies.

## SEC filing metadata
- accession: 0001213900-23-039149
- form_type: 8-K
- ticker: BYNO
- cik: 0001801417
- company_name: byNordic Acquisition Corp
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801417/000121390023039149/0001213900-23-039149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801417/000121390023039149/ea178260-8k_bynordicacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-039149
- JSON: https://secwatch.observer/filing/0001213900-23-039149.json
- Plain text: https://secwatch.observer/filing/0001213900-23-039149.txt

## Key facts
- Debt Financings
  byNordic Acquisition Corp incurred loan of $1,725,000 with Water by Nordic AB.
  - Instrument: loan
  - Principal: $1,725,000
  - Counterparty: Water by Nordic AB
  - Event: incurrence
  source text: On May 9, 2023, byNordic Acquisition Corporation (the “ Company ”) issued a promissory note (the “ Extension Note ”) in the principal amount of $1,725,000 to the Company’s sponsor, Water by Nordic AB (the “ Sponsor ”) in connection with the extension of the date by which the Company has to consummate a business combination from May 11, 2023, to August 11, 2023 (the “ Extension ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023039149/0001213900-23-039149-index.htm
- Debt Financings
  byNordic Acquisition Corp incurred loan of $775,000 with Water by Nordic AB.
  - Instrument: loan
  - Principal: $775,000
  - Counterparty: Water by Nordic AB
  - Event: incurrence
  source text: On May 12, 2023, the Company issued a promissory note (the “Working Capital Note”) in the principal amount of $775,000 to the Sponsor to provide the Company with additional working capital during the Extension.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023039149/0001213900-23-039149-index.htm
- Material Agreements
  byNordic Acquisition Corp entered into Working Capital Note with Water by Nordic AB valued at $775,000 (effective 2023-05-12).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Water by Nordic AB
  - Value: $775,000
  - Effective: 2023-05-12
  source text: On May 12, 2023, the Company issued a promissory note (the “Working Capital Note”) in the principal amount of $775,000 to the Sponsor to provide the Company with additional working capital during the Extension.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023039149/0001213900-23-039149-index.htm
- Material Agreements
  byNordic Acquisition Corp entered into Extension Note with Water by Nordic AB valued at $1,725,000 (effective 2023-05-09).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Water by Nordic AB
  - Value: $1,725,000
  - Effective: 2023-05-09
  source text: On May 9, 2023, byNordic Acquisition Corporation (the “ Company ”) issued a promissory note (the “ Extension Note ”) in the principal amount of $1,725,000 to the Company’s sponsor, Water by Nordic AB (the “ Sponsor ”) in connection with the extension of the date by which the Company has to consummate a business combination from May 11, 2023, to August 11, 2023 (the “ Extension ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023039149/0001213900-23-039149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.