byNordic Acquisition Corporation (NASDAQ: BYNO) has announced an extension of the period of time it has to complete a business combination. The special purpose acquisition company has deposited $105,000 into its trust account, allowing for an additional one-month period from July 12, 2024, to August 12, 2024. This extension is the sixth of up to six one-month extensions permitted under the Company’s Amended and Restated Certificate of Incorporation. The board of directors can elect to extend the termination date by one additional month each time, up until August 12, 2024, or the closing of the initial business combination.
Led by Chief Executive Officer Michael Hermansson, byNordic Acquisition Corporation is focused on entering into a business combination with one or more businesses. While the Company is open to pursuing a combination in any sector or geography, it intends to concentrate its search on high technology growth companies based in the northern part of Europe.
This press release contains forward-looking statements, including statements regarding possible business combinations and financing. These statements are based on the beliefs of management and current information available to the Company. Actual results may differ materially from these statements due to certain factors detailed in the Company’s filings with the Securities and Exchange Commission.
For more information, please contact Michael Hermansson at ir@bynordic.se or +46 707 294100.