secwatch.observer — SEC 8-K summary
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Issuer:     byNordic Acquisition Corp (BYNO)
CIK:        0001801417
Form:       8-K
Filed at:   2024-12-23T23:59:59+00:00
Accession:  0001213900-24-111901
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BYNO issues $300K promissory note to sponsor affiliate for working capital
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- Non-interest-bearing promissory note of $300,000 issued to DDM Debt AB, an affiliate of BYNO's sponsor.
- Principal due upon consummation of initial business combination; no interest accrues.
- If no business combination, repayment limited to funds outside the trust account.
- Proceeds used for general working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801417/000121390024111901/0001213900-24-111901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801417/000121390024111901/ea0225809-8k_bynordic.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-111901

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