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byNordic Acquisition Priced, Nasdaq: BYNOU

Blank check company targeting a fintech business in northern Europe.

Industry: SPAC

Latest Trade: $10.94 +0.99 (+9.9%)

First Day Return: -0.5%

Return from IPO: -0.5%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business focusing on technology growth companies in the northern part of Europe, including the Nordic and Scandinavian countries, the Baltic states, UK and Ireland, Germany, France and the Benelux countries, where our management team has extensive experience. In particular, we intend to prioritize companies in the financial technology ("FinTech") sector and within the northern part of Europe where we believe there to be many potential targets, along with a secondary focus on other high-performing technology companies in the northern part of Europe. Our focus will be companies with enterprise valuations below $500 million, primarily those with enterprise values between $300 million to $500 million. We believe that our experience, reputation and access to proprietary deal flow will enable us to identify and complete a business combination with an enterprise that will be successful as a public company.
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IPO Data
IPO File Date 08/28/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/08/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Keefe Bruyette Woods
Drexel Hamilton
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Company Data
Headquarters Malmö, Sweden
Founded 2019
Employees 5

byNordic Acquisition (BYNOU) Performance