byNordic Acquisition Corp.
We intend to focus on technology growth companies in northern Europe, particularly those in the FinTech sector, with enterprise values between $450 million and $750 million.
Certain qualified institutional buyers or institutional accredited investors, which we refer to as the anchor investors (none of which are affiliated with any member of our management team, our sponsor or any other anchor investor), have expressed to us an interest in purchasing in the aggregate up to approximately $146.4 million of the units, which is approximately 97.6% of the units in this offering at the public offering price; provided, that no more than $14.85 million of the units in this offering shall be purchased by each anchor investor in such manner.
(Note: byNordic Acquisition Corp. priced its SPAC IPO on Feb. 8, 2022, in line with the terms in its prospectus: 15 million units at $10 each to raise $150 million. Nearly a year ago, the deal’s size was increased from 10 million units initially in an SEC filing in late February 2021.)
|Address||Pir 29 Einar Hansens Esplanad 29 211 13 Malmö Sweden|
|Phone Number||+46 707 29 41 00|
|View Prospectus:||byNordic Acquisition Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$150.0 mil|
|Manager / Joint Managers||Keefe, Bruyette & Woods/ Drexel Hamilton|
|Expected To Trade:||2/9/2022|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|