BYNO on OTC
byNordic Acquisition Corp
ByNordic Acquisition Corp is an American blank check company, incorporated in Delaware, listed on OTC (BYNO).1
Price unavailable
Last updated Oct 21, 2026.
Overview
- TickerBYNO on OTC1
- IndustryBlank Checks1
- HeadquartersDE1
- Incorporated inDE3
- Business addressEinar Hansens Esplanad 29, Malmo3
- Filer category, Emerging growth company3
See how the biggest companies compare on our leaderboards
II at a purchase price of $10.00 per private share, generating gross proceeds of $8,500,000.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| General and administrative support fees | $120.0K | $120.0K |
| Insurance | $245.4K | $244.7K |
| Franchise taxes | $58.0K | $71.8K |
| Listing and filing fees | $121.9K | $146.3K |
| Other operating costs | $513.1K | $871.5K |
| Total operating costs | -$1.1M | -$1.5M |
| Interest earned on marketable securities held in Trust Account | $398.3K | $1.6M |
| Income before provision for income taxes | -$660.1K | $106.1K |
| Provision for income taxes | -$71.5K | -$312.6K |
| Net loss | -$731.5K | -$206.5K |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $337.8K | $272.6K | |
| Prepaid franchise tax | $20.8K | $78.6K | |
| Income tax receivable | $1.0K | ||
| Prepaid expenses and other current assets | $12.1K | $32.6K | |
| Total current assets | $371.7K | $383.8K | |
| Marketable securities held in Trust Account | $5.5M | $11.9M | |
| Total assets | $5.9M | $12.2M | |
| Accrued expenses and other current liabilities | $457.7K | $298.6K | |
| Excise tax payable | $70.2K | $295.6K | |
| Income taxes payable | $1.6K | ||
| Deferred tax liability | $3.6K | $9.4K | |
| Total current liabilities | $8.5M | $7.0M | |
| Deferred legal fee | $175.0K | $175.0K | |
| Deferred underwriters discount | $6.0M | $6.0M | |
| Total liabilities | $14.7M | $13.3M | |
| Accumulated deficit | -$14.4M | -$12.9M | |
| Total stockholders deficit | -$14.4M | -$12.9M | -$10.4M |
| Total Liabilities, Commitments and Contingencies and Stockholders Deficit | $5.9M | $12.2M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $337.8K | $272.6K | |
| Prepaid franchise tax | $20.8K | $78.6K | |
| Income tax receivable | $1.0K | ||
| Prepaid expenses and other current assets | $12.1K | $32.6K | |
| Total current assets | $371.7K | $383.8K | |
| Marketable securities held in Trust Account | $5.5M | $11.9M | |
| Total assets | $5.9M | $12.2M | |
| Accrued expenses and other current liabilities | $457.7K | $298.6K | |
| Excise tax payable | $70.2K | $295.6K | |
| Income taxes payable | $1.6K | ||
| Deferred tax liability | $3.6K | $9.4K | |
| Total current liabilities | $8.5M | $7.0M | |
| Deferred legal fee | $175.0K | $175.0K | |
| Deferred underwriters discount | $6.0M | $6.0M | |
| Total liabilities | $14.7M | $13.3M | |
| Accumulated deficit | -$14.4M | -$12.9M | |
| Total stockholders deficit | -$14.4M | -$12.9M | -$10.4M |
| Total Liabilities, Commitments and Contingencies and Stockholders Deficit | $5.9M | $12.2M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$731.5K | -$206.5K |
| Interest earned on marketable securities held in Trust Account | -$397.9K | -$1.5M |
| Deferred taxes payable | -$5.8K | -$27.6K |
| Prepaid expenses and other current assets | $20.5K | $2.2K |
| Accrued expenses and other current liabilities | $159.1K | $226.3K |
| Excise tax payable | -$294.9K | -$1.5M |
| Franchise and federal income taxes payable | $55.2K | -$123.8K |
| Due to related party | $100.0K | $90.0K |
| Net cash used in operating activities | -$1.1M | -$3.0M |
| Withdrawal from Trust Account | $80.1K | $528.2K |
| Cash withdrawn from Trust Account in connection with redemptions | $7.0M | $29.5M |
| Investment of cash in Trust Account | -$369.5K | -$831.6K |
| Net cash provided by investing activities | $6.7M | $29.2M |
| Redemption of Class A Common Stock | -$7.0M | -$29.5M |
| Proceeds from promissory note to related party | $1.4M | $1.3M |
| Net cash used in financing activities | -$5.6M | -$28.2M |
| Net Change in Cash | $65.2K | -$2.0M |
| Payment of federal income taxes | $79.8K | $363.7K |
| Remeasurement of Class A common stock subject to redemption | $637.9K | $2.0M |
| Conversion of Class B common stock to non-redeemable Class A common stock | $200 | |
| Excise tax payable | $69.5K | $294.9K |
No quarter-by-quarter statement was filed.
Corporate structure
byNordic Acquisition Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of byNordic Acquisition Corp
- D. E. SHAW & CO, L.P. Filed SCHEDULE 13G/A on byNordic Acquisition Corp, latest Feb 14, 2025 (4 filings since Feb 22, 2022)
- Water by Nordic AB Filed SCHEDULE 13G/A on byNordic Acquisition Corp, latest Feb 14, 2025 (3 filings since Feb 9, 2023)
- AQR CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G/A on byNordic Acquisition Corp, latest Feb 13, 2025 (2 filings since Nov 14, 2024)
- BOOTHBAY FUND MANAGEMENT, LLC Filed SCHEDULE 13G/A on byNordic Acquisition Corp, latest Feb 13, 2025 (2 filings since Nov 20, 2024)
- RIVERNORTH CAPITAL MANAGEMENT, LLC Filed SC 13G/A on byNordic Acquisition Corp, latest Nov 14, 2024 (2 filings since Feb 14, 2024)
- PERISCOPE CAPITAL INC. Filed SC 13G/A on byNordic Acquisition Corp, latest Nov 12, 2024 (2 filings since Feb 9, 2024)
- Atalaya Capital Management LP Filed SC 13G/A on byNordic Acquisition Corp, latest Feb 14, 2024 (3 filings since Feb 17, 2022)
- TENOR CAPITAL MANAGEMENT Co., L.P. Filed SC 13G/A on byNordic Acquisition Corp, latest Feb 14, 2024 (2 filings since Feb 14, 2022)
- Mizuho Financial Group Filed SC 13G on byNordic Acquisition Corp, latest Feb 13, 2024
- Apollo Management Holdings GP, LLC Filed SC 13G/A on byNordic Acquisition Corp, latest Feb 6, 2024 (3 filings since Feb 17, 2022)
- HIGHBRIDGE CAPITAL MANAGEMENT LLC Filed SC 13G/A on byNordic Acquisition Corp, latest Jan 19, 2024 (2 filings since Feb 2, 2023)
- CITADEL ADVISORS LLC Filed SC 13G/A on byNordic Acquisition Corp, latest Feb 14, 2023 (2 filings since Feb 22, 2022)
- byNordic Acquisition Corp DE
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What byNordic Acquisition Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Marketable securities, non-current | $5.5M2 Dec 31, 2025 | $11.9M2 Dec 31, 2024 | −53.4% |
| Deposits held (banks) | $40.3K2 Dec 31, 2025 | $120.9K7 Dec 31, 2024 | −66.7% |
Properties, in its own words
We do not own or lease any offices or physical properties but we maintain a virtual office arrangement with a six- month term ending in September 2026 which can be extended on a monthly basis. This arrangement provides us with a mailing address at 501 Silverside Road #1001, Wilmington, DE 19809 as well as access to physical meeting rooms and other services and is adequate for our current operations. Our telephone number is +46 707 29 41.
Item 2 of the 10-K filed Mar 25, 2026.4
Leadership
Who has led byNordic Acquisition Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
Chief operating officer
- Chief executive officerMichael Hermansson Feb 18, 2022 to Feb 18, 202213
- ChairJonas Olsson Feb 18, 2022 to Feb 18, 202214
- Chief financial officerThomas L. Fairfield Feb 18, 2022 to Feb 18, 202215
- Chief operating officerThomas L. Fairfield Feb 18, 2022 to Feb 18, 202215
Board members and other officers (6)
- Director of MarketingAlexander Bigge Lidgren Feb 18, 2022 to Feb 18, 202216
- Director of TechnologyChristian Merheim Feb 18, 2022 to Feb 18, 202217
- Director of AcquisitionMats Karlsson Feb 18, 2022 to Feb 18, 202218
- Board memberAnders Norlin Feb 18, 2022 to Feb 18, 202219
- Board memberAnna Yukiko Bickenbach Feb 18, 2022 to Feb 18, 202220
- Board memberFredrik Jan Thure Elmberg Feb 18, 2022 to Feb 18, 202221
Timeline
- Oct 15, 20268-K Other events22
- Sep 14, 20268-K Entered a material agreement; New debt or obligation; Other events23
- Aug 12, 20268-K Bylaws or fiscal year changed; Shareholder vote; Other events24
- Jul 9, 20268-K Other events25
- Jun 10, 20268-K Other events26
- May 8, 20268-K Other events27
- May 4, 20268-K Entered a material agreement; New debt or obligation28
- Apr 9, 20268-K Other events29
- Mar 10, 20268-K Other events30
- Feb 10, 20268-K Other events31
- Jan 13, 20268-K Other events32
- Dec 19, 20258-K Entered a material agreement; New debt or obligation33
- Feb 18, 2022New chief executive Michael Hermansson becomes CEO13
Filings
160 filings to the SEC since October 2021: 5 annual reports, 14 quarterly reports, 54 major events, 14 insider forms, 30 large holders, 43 other. The latest 20:
- Oct 15, 20268-K CURRENT REPORT EDGAR
- Sep 14, 20268-K CURRENT REPORT EDGAR
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Aug 12, 20268-K CURRENT REPORT EDGAR
- Jul 14, 2026DEF 14A PROXY STATEMENT EDGAR
- Jul 9, 20268-K CURRENT REPORT EDGAR
- Jul 2, 2026PRE 14A PROXY STATEMENT EDGAR
- Jun 10, 20268-K CURRENT REPORT EDGAR
- May 15, 202610-Q QUARTERLY REPORT EDGAR
- May 8, 20268-K CURRENT REPORT EDGAR
- May 4, 20268-K CURRENT REPORT EDGAR
- Apr 9, 20268-K CURRENT REPORT EDGAR
- Mar 25, 202610-K ANNUAL REPORT EDGAR
- Mar 10, 20268-K CURRENT REPORT EDGAR
- Feb 10, 20268-K CURRENT REPORT EDGAR
- Jan 13, 20268-K CURRENT REPORT EDGAR
- Dec 19, 20258-K CURRENT REPORT EDGAR
- Dec 11, 20258-K CURRENT REPORT EDGAR
- Nov 12, 202510-Q QUARTERLY REPORT EDGAR
- Nov 10, 20258-K CURRENT REPORT EDGAR
The 160 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 21, 2023 | MIZUHO SECURITIES USA LLC10% owner | Sale | 184,000 | $10.67 | $2.0M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- D. E. SHAW & CO, L.P.SCHEDULE 13G/A, 4 filings Feb 22, 2022 to Feb 14, 202534
- Water by Nordic ABSCHEDULE 13G/A, 3 filings Feb 9, 2023 to Feb 14, 202535
- AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 13, 202536
- BOOTHBAY FUND MANAGEMENT, LLCSCHEDULE 13G/A, 2 filings Nov 20, 2024 to Feb 13, 202537
- RIVERNORTH CAPITAL MANAGEMENT, LLCSC 13G/A, 2 filings Feb 14, 2024 to Nov 14, 202438
- PERISCOPE CAPITAL INC.SC 13G/A, 2 filings Feb 9, 2024 to Nov 12, 202439
- Atalaya Capital Management LPSC 13G/A, 3 filings Feb 17, 2022 to Feb 14, 202440
- TENOR CAPITAL MANAGEMENT Co., L.P.SC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202441
- Mizuho Financial GroupSC 13G, 1 filing Feb 13, 202442
- Apollo Management Holdings GP, LLCSC 13G/A, 3 filings Feb 17, 2022 to Feb 6, 202443
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13G/A, 2 filings Feb 2, 2023 to Jan 19, 202444
- CITADEL ADVISORS LLCSC 13G/A, 2 filings Feb 22, 2022 to Feb 14, 202345
- Space Summit Capital LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 8, 202346
SEC filer profile
How byNordic Acquisition Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARbyNordic Acquisition Corp1
- CIK0001801417
- Employer ID (EIN)84-45297804
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business addressEinar Hansens Esplanad 29, Malmo, Sweden1
- Phone46 763 134 6951
- Shares outstanding3,376,743 Common Class A shares; 3,750,000 Common Class B shares as of Mar 23, 20264
- Public float$25.6M as of Jun 30, 20254
- AuditorCBIZ CPAs P.C., New York, NY PCAOB ID 199; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMar 10, 20201
- Filings167 in all: 8-K (54), SC 13G (15), 10-Q (14), 3 (12), SC 13G/A (11), UPLOAD (9), CORRESP (7), NT 10-Q (7)1
All 25 form types
10-K (5), DEF 14A (4), DEFA14A (4), PRE 14A (4), S-1/A (4), SCHEDULE 13G/A (4), NT 10-K (3), 25-NSE (1), 3/A (1), 4 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), PRER14A (1), S-1 (1)
- Latest filingsAnnual report (10-K) Mar 25, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Jul 14, 2026
Latest 8-K (8-K) Oct 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one share of Class A common stock, par value $0.0001, and one-half of one redeemable warrant | BYNOU | NONE |
| Class A common stock, par value $0.0001 | BYNO | NONE |
| Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 | BYNOW | NONE |
From the cover page of the 10-K filed Mar 25, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks byNordic Acquisition Corp names in Item 1A of its 10-K filed Mar 25, 2026: 5 risks under these headings, as written.4
- The target business with which we may ultimately consummate an initial business combination, may be materially adversely affected by current global geopolitical conditions resulting from the ongoing Russia-Ukraine conflict, the Israel-Hamas conflict, the escalating military conflict involving the United States, Israel and Iran, the resumption of Houthi attacks on Red Sea shipping, and other hostilities in the Middle East region and globally.
- We depend on a variety of U.S. and multi-national financial institutions to provide us with banking services. The default or failure of one or more of the financial institutions that we rely on may adversely affect our business and financial condition, including our ability to successfully consummate a business combination.
- We may be subject to the 1% excise tax included in the Inflation Reduction Act of 2022, which may decrease the value of our securities following our initial business combination and hinder our ability to consummate an initial business combination.
- We may not be able to complete an initial business combination with a U.S. target company since such initial business combination may be subject to U.S. foreign investment regulations and review by a U.S. government entity such as the Committee on Foreign Investment in the United States (CFIUS), or ultimately prohibited.
- If we are deemed to be an investment company under Section 3(a)(1)(A) of the Investment Company Act of 1940 (the “Investment Company Act”), our activities would be severely restricted.
Legal proceedings
To the knowledge of our management team, there is no litigation currently pending or contemplated against us, any of our officers or directors in their capacity as such or against any of our property.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGARJonas Olsson, Chair
- 15
- 16
- 17
- 18
- 19SEC EDGARAnders Norlin, Board member
- 20SEC EDGARAnna Yukiko Bickenbach, Board member
- 21
- 22SEC EDGAROther events
- 23
- 24
- 25SEC EDGAROther events
- 26SEC EDGAROther events
- 27SEC EDGAROther events
- 28
- 29SEC EDGAROther events
- 30SEC EDGAROther events
- 31SEC EDGAROther events
- 32SEC EDGAROther events
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46