byNordic Acquisition announced today that its board has elected to extend the SPAC’s deal deadline from May 11 to Aug. 11. As part of the deal, sponsor Water by Nordic AB intends to deposit $1.725 million (10 cents a share) into the trust account by May 11.
The SPAC raised $172.5 million in a February 2022 IPO to focus on high technology growth companies in the northern part of Europe. Read more.
