secwatch.observer — SEC 8-K summary
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Issuer:     byNordic Acquisition Corp (BYNO)
CIK:        0001801417
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001213900-25-002679
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

byNordic extends business combination deadline to Feb 12, 2025 with $40,312 trust deposit
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- Issued $400,000 promissory note to sponsor affiliate DDM Debt AB for working capital; no interest, due upon business combination.
- Deposited $40,312 into trust account to extend business combination deadline from Jan 12 to Feb 12, 2025 (sixth of 12 monthly extensions).
- Without a business combination, note repayment limited to funds outside trust account.
- The extension is authorized under the August 2024 charter amendment allowing up to 12 one-month extensions until August 12, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801417/000121390025002679/0001213900-25-002679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801417/000121390025002679/ea0227270-8k_bynordic.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-002679

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer