byNordic adjourns special meeting to Aug 10; increases sponsor trust contributions for extension

byNordic Acquisition Corp

Special meeting adjourned from Aug 8 to Aug 10, 2023; redemption deadline extended to Aug 8.
Proposal to extend business combination deadline from Aug 11, 2023 to Feb 12, 2024, with possible monthly extensions to Aug 12, 2024.
Sponsor increased initial trust contribution to up to $625,000 or $0.24 per non-redeemed share (was $600k/$0.18).
Monthly extension contributions increased to up to $105,000 or $0.04 per share (was $100k/$0.01).
Company confirms trust funds will not be used to pay 1% excise tax on redemptions under Inflation Reduction Act.

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