For the quarter ending 2026-03-31, BYNOW has $5,761,993 in assets. $15,100,173 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Income tax receivable | 0 | 1,010 | 2,072 | 6,072 |
| Cash | 86,274 | 337,755 | 244,010 | 220,291 |
| Prepaid franchise tax | 17,015 | 20,812 | 26,692 | 32,572 |
| Prepaid expenses and other current assets | 24,650 | 12,114 | 27,160 | 41,795 |
| Total current assets | 127,939 | 371,691 | 299,934 | 300,730 |
| Marketable securities held in trust account | 5,634,054 | 5,532,541 | 5,436,203 | 12,308,566 |
| Total assets | 5,761,993 | 5,904,232 | 5,736,137 | 12,609,296 |
| Accrued expenses and other current liabilities | 782,844 | 457,734 | 453,136 | 381,740 |
| Excise tax payable | 70,197 | 70,197 | 70,197 | 0 |
| Income taxes payable | 8,574 | - | - | 0 |
| Deferred tax liability | 3,558 | 3,626 | 3,805 | 8,901 |
| Promissory notes related parties | 7,685,000 | 7,685,000 | 7,385,000 | 7,085,000 |
| Due to related party | 337,500 | 307,500 | 277,500 | 247,500 |
| Total current liabilities | 8,887,673 | 8,524,057 | 8,189,638 | 7,723,141 |
| Deferred legal fee | 175,000 | 175,000 | 175,000 | 175,000 |
| Deferred underwriters discount | 6,037,500 | 6,037,500 | 6,037,500 | 6,037,500 |
| Total liabilities | 15,100,173 | 14,736,557 | 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 |
| Class a common stock subject to possible redemption, 436,743 shares at redemption value of 12.87 and 12.67 per share as of march 31, 2026 and december 31, 2025, respectively | 5,622,773 | 5,534,572 | - | - |
| Common stock, value-Common Class A | 294 | 294 | 294 | 294 |
| Common stock, value-Common Class B | 375 | 375 | 375 | 375 |
| Additional paid-in capital | - | - | - | 0 |
| Accumulated deficit | -14,961,622 | -14,367,566 | -14,111,658 | -13,649,139 |
| Total stockholders deficit | -14,960,953 | -14,366,897 | -14,110,989 | -13,648,470 |
| Total liabilities, commitments and contingencies and stockholders deficit | 5,761,993 | 5,904,232 | 5,736,137 | 12,609,296 |
byNordic Acquisition Corp (BYNOW)
byNordic Acquisition Corp (BYNOW)