byNordic Acquisition Corp. (BYNOU) Prices $150M IPO


byNordic Acquisition Corp. (BYNOU) Prices $150M IPO

byNordic Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BYNOU” Wednesday, February 9.

The new SPAC intends to focus its search on technology growth companies in the northern part of Europe, including the Nordic and Scandinavian countries, the Baltic states, United Kingdom and Ireland, Germany, France and the Benelux countries. byNordic is led by Chairman of the Board Jonas Olsson, CEO Michael Hermansson, and CFO, COO and Secretary Thomas Fairfield.

Total SPAC deal count for 2022 year-to-date is now 32. This offering is expected to close on Friday, February 11.

Keefe, Bruyette & Woods, Drexel Hamilton, LLC and I-Bankers Securities, Inc. are acting as the book running managers for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel.  Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.