secwatch.observer — SEC 8-K summary
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Issuer:     byNordic Acquisition Corp (BYNO)
CIK:        0001801417
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001213900-25-023268
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

byNordic extends BC deadline to April 12; issues $250K note to sponsor affiliate
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- Deposited $40,312 into trust for one-month extension to April 12, 2025; eighth of up to twelve monthly extensions available.
- Issued $250,000 promissory note to DDM Debt AB (sponsor affiliate) for general working capital; note bears no interest.
- Note payable upon consummation of initial business combination; if no deal, repayment limited to funds outside trust account.
- Company remains a SPAC targeting Nordic-based high-tech growth companies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801417/000121390025023268/0001213900-25-023268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801417/000121390025023268/ea0234075-8k_bynord.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-023268

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