byNordic Acquisition Corp (BYNO): debt financing — BYNO extends business combination deadline to July 12, 2025; issues $200K promissory note

byNordic Acquisition Corp

Deposited $40,312 into trust account for eleventh of twelve one-month extensions, extending deadline from June 12 to July 12, 2025.
Issued $200,000 promissory note to DDM Debt AB (sponsor affiliate) for working capital; bears no interest, due upon business combination.
Note repayment if no combination is limited to funds outside the trust account.
Only one further monthly extension remains until August 12, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

byNordic Acquisition Corp incurred loan of $200,000 with DDM Debt AB at no interest maturing payable in full upon the consummation of the Company's initial business combination.

Instrument: loan
Principal: $200,000
Counterparty: DDM Debt AB
Rate: no interest
Maturity: payable in full upon the consummation of the Company's initial business combination
Event: incurrence

Exact text from the filing

On June 6, 2025, byNordic Acquisition Corporation (“ BYNO ”, the “ Company ”) issued a promissory note (the “Note”) in the principal amount of $200,000 to DDM Debt AB (the “ Lender ”), an affiliate of Water by Nordic AB, the Company’s sponsor.

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Source: SEC EDGAR

accession 0001213900-25-053096

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