{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-065754","form_type":"8-K","ticker":"BYNO","cik":"0001801417","company_name":"byNordic Acquisition Corp","filed_at":"2024-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.564726+00:00","generated_at":"2026-05-31T12:27:45.269094+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"byNordic signs non-binding LOI to merge with Sivers Photonics, targeting AI photonics","bullets":["LOI signed Aug 6, 2024 to acquire Sivers Photonics from Sivers Semiconductors AB (STO: SIVE).","Sivers Photonics designs semiconductor lasers for AI data centers; market TAM $5B, SAM up to $1B by 2027.","Post-closing, Sivers to hold majority ownership; headquarters planned in Silicon Valley, CA.","Transaction subject to due diligence, financing, regulatory approvals, and shareholder votes.","Ayar Labs milestone order in 2023; Sivers Photonics has 80 employees, 12 PhDs, and 3 issued patents."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-065754","json":"https://secwatch.observer/filing/0001213900-24-065754.json","markdown":"https://secwatch.observer/filing/0001213900-24-065754.md","text":"https://secwatch.observer/filing/0001213900-24-065754.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801417/000121390024065754/0001213900-24-065754-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801417/000121390024065754/ea021074202-8k_bynordic.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:27:45.269094+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}