byNordic Acquisition Stretches Deadline by Another Month

byNordic Acquisition said it deposited $105,000 into trust to extend the completion deadline to June 12.

The SPAC has two more one-month extensions available.

Shareholders approved the extension period last August, although redemptions erased 84% of the trust.

The SPAC originally raised $172.5 million in a February 2022 IPO to focus on high technology growth companies in northern Europe. It has yet to announce a deal. Read more.

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