other material
confidence high
sentiment negative
materiality 0.80
byNordic Acquisition Corp (BYNO): Nasdaq/NYSE listing notice — byNordic Acquisition Corp. to be delisted from Nasdaq; extends deadline to March 12, 2025
byNordic Acquisition Corp
- Nasdaq will suspend trading of BYNO units, common stock, and warrants at open on Feb 18, 2025 for failure to complete business combination by Feb 8, 2025 deadline.
- Company will not appeal; expects securities to trade on OTC market starting Feb 18, 2025.
- Extended business combination deadline by one month to March 12, 2025 via $40,312 trust deposit.
- This is the seventh extension under charter allowing up to twelve monthly pushes until August 12, 2025.