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ByNordic Acquisition Corp 8-K Report: Securities Structure & Insights

$BYNO
Form 8-K
Filed on: 2025-02-14
Source
ByNordic Acquisition Corp 8-K Report: Securities Structure & Insights

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Information:
  • The entity is ByNordic Acquisition Corporation, identified by CIK 0001801417.
  • The report is filed under SEC form 8-K.
  1. Reporting Date:
  • The financial information is as of February 10, 2025.
  1. Securities Structure:
  • The entity has issued Units, each consisting of:
    • One share of Class A common stock with a par value of $0.0001.
    • One-half of one redeemable warrant.
  1. Class A Common Stock:
  • The Class A common stock is listed on NASDAQ under the symbol BYNO.
  1. Redeemable Warrants:
  • Each whole redeemable warrant is exercisable for one share of Class A common stock.
  • The exercise price for these warrants is $11.50 per share.
  • The redeemable warrants are listed on NASDAQ under the symbol BYNOW.
  1. Measurement Units:
  • The financials are expressed in two units:
    • USD (United States Dollar) for monetary values.
    • Shares for quantities of stock.
  1. Filing Context:
  • The report includes custom contexts for different classes of stock and warrants, indicating a detailed breakdown for regulatory compliance.

This section reveals the structure of the securities being reported, which is crucial for investors looking to understand the financial instruments and their respective terms associated with ByNordic Acquisition Corporation.