byNordic Acquisition Corporation Announces Extension Of Deadline To Complete Business Combination

 byNordic Acquisition Corporation (NASDAQ:BYNO) (the "Company") announced today that its board of directors has elected to extend the date by which the Company has to consummate a business combination from May 11, 2023 to August 11, 2023 (the "Extension"), as contemplated by the Company's registration statement on Form S-1, initially filed with the Securities and Exchange Commission ("SEC") on August 28, 2020 (File No. 333-248488) and the final prospectus dated February 8, 2022 for the initial public offering of the Company's units. In connection with the Extension, the Company's sponsor, Water by Nordic AB, has notified the Company that it intends to deposit an aggregate of $1,725,000 (representing $0.10 per public share) into the Company's trust account on or before May 11, 2022. The Extension provides the Company with additional time to complete its initial business combination.