For the quarter ending 2025-09-30, BYNO has $5,736,137 in assets. $14,402,138 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 244,010 | 220,291 | ||
| Prepaid franchise tax | 26,692 | 32,572 | ||
| Income tax receivable | 2,072 | 6,072 | ||
| Prepaid expenses and other current assets | 27,160 | 41,795 | ||
| Total current assets | 299,934 | 300,730 | ||
| Marketable securities held in trust account | 5,436,203 | 12,308,566 | ||
| Total assets | 5,736,137 | 12,609,296 | ||
| Income taxes payable | - | 0 | ||
| Accrued expenses and other current liabilities | 453,136 | 381,740 | ||
| Excise tax payable | 70,197 | 0 | ||
| Deferred tax liability | 3,805 | 8,901 | ||
| Promissory note related party-Related Party | 7,385,000 | 7,085,000 | ||
| Due to related party-Related Party | 277,500 | 247,500 | ||
| Total current liabilities | 8,189,638 | 7,723,141 | ||
| Deferred legal fee | 175,000 | 175,000 | ||
| Deferred underwriters discount | 6,037,500 | 6,037,500 | ||
| Total liabilities | 14,402,138 | 13,935,641 | ||
| Class a common stock subject to possible redemption, 436,743 and 1,007,796 shares at redemption value of 12.47 and 11.82 per share as of september 30, 2025 and december 31, 2024, respectively | 5,444,988 | 12,322,125 | ||
| Common stock, value-Common Class A | 294 | 294 | ||
| Common stock, value-Common Class B | 375 | 375 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -14,111,658 | -13,649,139 | ||
| Total stockholders deficit | -14,110,989 | -13,648,470 | ||
| Total liabilities, commitments and contingencies and stockholders deficit | 5,736,137 | 12,609,296 | ||
byNordic Acquisition Corp (BYNO)
byNordic Acquisition Corp (BYNO)