byNordic Acquisition Corp

byNordic Acquisition Corp. is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on December 27, 2019 and is headquartered Malmo, Sweden.

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byNordic Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded by Jonas Olsson, Mats Karlsson, Lars Thomas Alexander Lidgren, and Christian Merheim on December 27, 2019 and is headquartered Malmo, Sweden.

New York, NY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- byNordic Acquisition Corporation (NASDAQ: BYNO (“ BYNO ” or the “ Company ”), a special purpose acquisition company, announced today that the Company has timely deposited into the Company's trust account (the “ Trust Account ”), an aggregate of $40,312, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from November 12, 2024 to December 12, 2024 (the “ Extension ”). The Extension is the fourth of up to twelve (12) one-month extensions permitted under the August 8, 2024 amendment to the Company's Amended and Restated Certificate of Incorporation that allows the Company's board of directors, in its sole discretion and without another stockholder vote, to elect to extend the termination date by one additional month each time up until August 12, 2025, or the closing of the Company's initial business combination.

byNordic Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

KISTA, Sweden , Nov. 11, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a leading supplier of RF beamformers for Satellite Communications (SATCOM) and Photonics lasers for AI Datacenters, today announced that its Board of Directors has decided to put on hold its discussions with byNordic Acquisition Corporation (Nasdaq: BYNO) regarding the proposed business combination with Sivers Photonics Ltd, a subsidiary of Sivers Semiconductors, and release BYNO to seek other merger candidates. "While we agree with ByNordic's thesis that our photonics business is highly undervalued in Sivers' current market capitalization with its critical positioning in the upcoming AI datacenters, the capital markets for successfully executing SPAC mergers remain challenging.

Sivers Semiconductors AB puts on hold the de-SPAC merger discussions with byNordic Acquisition Corporation, removing uncertainty in the market

Merger Expected to Unlock Significant Value as Independent US NASDAQ Listed Photonics Company Merger Expected to Unlock Significant Value as Independent US NASDAQ Listed Photonics Company

byNordic Acquisition Corporation Signs Letter of Intent for Business Combination with Sivers Semiconductors' Wholly Owned Photonics Subsidiary

News for byNordic Acquisition Corp Stock (BYNO)