Jonas Olsson - Feb 8, 2022 Form 3 Insider Report for byNordic Acquisition Corp (BYNO)

Signature
/s/ Jonas Olsson
Stock symbol
BYNO
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
3
Date filed
2/18/2022, 01:08 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BYNO Class A Common Stock 18.2K Feb 8, 2022 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BYNO Class B Common Stock Feb 8, 2022 Class A Common Stock 97.3K See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person holds an indirect pecuniary interest in 18,190 shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") of the issuer through his membership interest in Water by Nordic AB (the "Sponsor"), over which he has no voting or dispositive control. The reporting person disclaims any beneficial ownership of such 18,190 shares of Class A Common Stock other than to the extent of any pecuniary interest he may have therein.
F2 As described in the issuer's registration statement on Form S-1 (File No. 333- 248488) (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the shares of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), will automatically be converted into shares of Class A Common Stock, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
F3 The reporting person holds an indirect pecuniary interest in 97,316 shares of Class B Common Stock of the issuer through his membership interest in the Sponsor, over which he has no voting or dispositive control. The reporting person disclaims any beneficial ownership of such 97,316 shares of Class B common stock other than to the extent of any pecuniary interest he may have therein.