---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065735"
form_type: "8-K"
ticker: "BYNO"
cik: "0001801417"
company_name: "byNordic Acquisition Corp"
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:59:37.295578+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ByNordic Acquisition Corp. extends deadline to Aug 2024; 75% of public shares redeemed for ~$145M

## Summary
- Stockholders redeemed 13,663,728 public shares at ~$10.61/share, aggregate ~$144.97M.
- Extension deadline moved from Aug 11, 2023 to Feb 12, 2024, with Board option for six monthly extensions to Aug 12, 2024.
- Sponsor deposited $625,000 into trust as extension loan; also issued $710,000 working capital note ($110,000 funded).
- Redemption Limit Elimination and Extension Amendment proposals approved at August 10, 2023 special meeting.
- If sponsor fails to fund monthly $105,000 contributions, Company will liquidate.

## SEC filing metadata
- accession: 0001213900-23-065735
- form_type: 8-K
- ticker: BYNO
- cik: 0001801417
- company_name: byNordic Acquisition Corp
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801417/000121390023065735/0001213900-23-065735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801417/000121390023065735/ea183255-8k_bynordic.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065735
- JSON: https://secwatch.observer/filing/0001213900-23-065735.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065735.txt

## Key facts
- Debt Financings
  byNordic Acquisition Corp incurred loan of $625,000 with Sponsor at do not bear interest maturing mature upon closing of BYNO’s initial business combination.
  - Instrument: loan
  - Principal: $625,000
  - Counterparty: Sponsor
  - Rate: do not bear interest
  - Maturity: mature upon closing of BYNO’s initial business combination
  - Event: incurrence
  source text: Extension Meeting ”), Water by Nordic AB, a Swedish limited liability company (the “ Sponsor ”), agreed that if the Redemption Limit Elimination Proposal (as defined below) and the Extension Amendment Proposal (as defined below) were approved,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023065735/0001213900-23-065735-index.htm
- Debt Financings
  byNordic Acquisition Corp incurred loan of $710,000 with Sponsor at do not bear interest maturing mature upon closing of BYNO’s initial business combination.
  - Instrument: loan
  - Principal: $710,000
  - Counterparty: Sponsor
  - Rate: do not bear interest
  - Maturity: mature upon closing of BYNO’s initial business combination
  - Event: incurrence
  source text: Extension Meeting ”), Water by Nordic AB, a Swedish limited liability company (the “ Sponsor ”), agreed that if the Redemption Limit Elimination Proposal (as defined below) and the Extension Amendment Proposal (as defined below) were approved,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023065735/0001213900-23-065735-index.htm
- Shareholder Votes
  byNordic Acquisition Corp shareholders approved Extension Amendment Proposal at the 2023-08-10 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-08-10
  source text: The voting results for the Extension Amendment Proposal were as follows: The Extension Amendment Proposal For Against Abstain 19,050,884 1,803,792 100,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023065735/0001213900-23-065735-index.htm
- Shareholder Votes
  byNordic Acquisition Corp shareholders approved Redemption Limit Elimination Proposal at the 2023-08-10 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-08-10
  source text: The voting results for the Redemption Limit Elimination Proposal were as follows: The Redemption Limit Elimination Proposal For Against Abstain 19,550,744 1,303,932 100,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801417/000121390023065735/0001213900-23-065735-index.htm

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