other_material
confidence high
sentiment neutral
materiality 0.40
byNordic Acquisition issues $300,000 promissory note, shareholders approve business combination extension to Aug 2026
byNordic Acquisition Corp
- byNordic issued a $300,000 promissory note to Achilles Capital AB, an affiliate of sponsor, for general working capital, due upon a business combination.
- Stockholders approved charter amendment allowing the board to extend the business combination deadline monthly from Aug 12, 2025 to Aug 12, 2026.
- At the annual meeting, all five director nominees (Jonas Olsson, Anna Yukiko Bickenbach, Anders Norlin, Fredrik Elmberg, Steven Wasserman) were re-elected.
- In connection with the vote, 571,053 shares were tendered for redemption; the company deposited $17,470 into the trust account to extend the deadline to Sep 12, 2025.
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