byNordic Acquisition Corporation Announces the Separate Trading of its Class A common stock and warrants, Commencing April 1, 2022
March 31 2022 - 8:15AM
byNordic Acquisition Corporation (NASDAQ: BYNOU) (the “Company”)
announced that, commencing on April 1, 2022, holders of the units
sold in the Company’s initial public offering may elect to
separately trade the Company’s Class A common stock and warrants
included in the units. No fractional warrants will be issued
upon separation of the units and only whole warrants will trade.
Class A common stock and warrants that are separated will trade on
the NASDAQ Global Market under the symbols “BYNO” and “BYNOW,”
respectively. Those units not separated will continue to trade on
the Nasdaq Global Market under the symbol “BYNOU.” Each unit
consists of one share of Class A common stock of the Company and
one-half of one redeemable warrant of the Company, each whole
warrant entitling the holder thereof to purchase one share of Class
A common stock at a price of $11.50 per share. Only whole warrants
are exercisable.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About byNordic
Acquisition Corporation
byNordic Acquisition Corporation is a blank check company formed
for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization, or similar business
combination with one or more businesses. The Company has not
selected any specific business combination target. While the
Company may pursue an acquisition opportunity in any business,
industry, sector or geographic location, it intends to focus on
identifying high technology growth companies in the northern part
of Europe.
The Company is led by its Chief Executive Officer, Michael
Hermansson, its Chief Operating Officer, Thomas Fairfield, its
Director of Acquisitions, Mats Karlsson, its Director of Marketing,
Alexander Lidgren and its Director of Technology, Christian
Merheim. Mr. Hermansson, Mr. Karlsson, Mr. Lidgren and Mr. Merheim
are based in Sweden.
Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements.” No assurance can be given that the
net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement and prospectus for the offering filed with the SEC.
Copies are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Company Contact:
Michael Hermansson
Chief Executive Officer
+ 46 707 294100
ir@bynordic.se
Thomas Fairfield
Chief Operating Officer
302-530-4621
ir@bynordic.se
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