byNordic Acquisition Corp (BYNO) Form 8-K — May 4, 2026
byNordic Acquisition Corporation issued a $250,000 unsecured promissory note to Achilles Capital AB, an affiliate of its sponsor Water by Nordic AB, to fund general working capital. The note bears no interest and is due and payable upon the consummation of the company's initial business combination. If the company fails to complete a business combination, repayment of the note is limited to the extent of funds available outside of the IPO trust account.
Key figures
- Debt Amount
- $250,000
- Interest Rate
- 0%
- Lender
- Achilles Capital AB
- Maturity Trigger
- Consummation of initial business combination
Price after filing
1 day: 0.0%7 days: 0.0%30 days: 0.0%
Close on the filing date to close N calendar days later (from $12.65). Historical, not a forecast.
AI analysis
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