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byNordic Acquisition Corporation (BYNO)
USD12.94
+0.00 (+0.00%)
SE OTC Financial Services Shell Companies
Address
Einar Hansens Esplanad 29 211 13
Malmö, DE, SE
Malmö, DE, SE
CEO
Michael Hermansson
Website
bynordic.se
IPO
2022-04-05
CIK 1801417 ISIN US1244201000
Also trades on
Other OTC · BYNO (USD)
Other OTC · BYNOU (USD)
Other OTC · BYNOW (USD)
Description
byNordic Acquisition Corporation, established in 2019 and headquartered in Malmö, Sweden, currently has no significant operational activities. Its primary objective is to complete a business combination, which could involve a merger, acquisition of assets or stock, or a strategic reorganization, with one or more entities in the financial technology (fintech) industry within the Northern European region.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
USD12.94
+0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
32
Beta
-0.02
Float Shares
933.0K
Free Float %
13.1%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | +0.00% | +3.69% | +4.12% | +1.28% | +5.42% | +20.36% | +27.78% | +27.78% | +27.78% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
12.94
DCF (Levered)
0.16
-98.8%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Quality scores
Altman Z-Score
-2.03
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Operational MOAT
✗ Below peers
-
Revenue growth Shell Companies: +20.6%—
-
EPS growth Shell Companies: -12.3%-162.5% Q1'26: -3.1% (vs Q1'25)
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FCF margin FCF growth · Shell Companies: +8.7%—
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EBIT margin Shell Companies: +0.0%—
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ROIC Shell Companies: +0.0%— Q1'26: +0.0% (vs Q1'25)
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Share dilution Shell Companies: -10.2%-70.2% ★ Q1'26: -83.4% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Shell Companies: 0.00×— Q1'26: 0.00× (vs Q1'25)
Valuation Multiples
From
To
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | C- | 1/5 | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | C- | 1/5 | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
Owner's Earnings history not available.
Owner alignment
Owner's Earnings TTM
—
OE per share TTM
—
Owner's Yield
—
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
—
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
1
Total invested
126.0K
Insider transactions (90d)
0
Beneficial owners (>5%)
41
Beneficial owners (>5%)
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | by Nordic AB | 5.38M | 52.36% | 2.74M | 2.64M | 2.74M | 2.64M | OO | Sweden | 2024-02-14 | ↗ |
| 2 | Water by Nordic AB | 5.38M | 23.78% | 2.74M | 2.64M | 2.74M | 2.64M | OO | Sweden | 2023-02-09 | ↗ |
| 3 | Holdings LLC | 1.54M | 15.01% | — | 1.54M | — | 1.54M | OO | USA | 2024-02-14 | ↗ |
| 4 | byNordic Holdings LLC | 1.54M | 6.82% | — | 1.54M | — | 1.54M | OO | Sweden | 2023-02-09 | ↗ |
| 5 | Highbridge Capital Management, LLC | 1.49M | 8.19% | — | 1.49M | — | — | IA, OO | — | 2023-02-02 | ↗ |
| 6 | Apollo Capital Management GP, LLC | 1.49M | 9.90% | — | 1.49M | — | 1.49M | OO | Delaware | 2022-02-17 | ↗ |
| 7 | Apollo Capital Management, L.P. | 1.49M | 9.90% | — | 1.49M | — | 1.49M | PN | Delaware | 2022-02-17 | ↗ |
| 8 | Apollo Management Holdings GP, LLC | 1.49M | 9.90% | — | 1.49M | — | 1.49M | OO | Delaware | 2022-02-17 | ↗ |
| 9 | Apollo Management Holdings, L.P. | 1.49M | 9.90% | — | 1.49M | — | 1.49M | PN | Delaware | 2022-02-17 | ↗ |
| 10 | Apollo SPAC Fund I, L.P. | 1.49M | 9.90% | — | 1.49M | — | 1.49M | PN | Cayman Islands | 2022-02-17 | ↗ |
| 11 | Apollo SPAC Management I GP, LLC | 1.49M | 9.90% | — | 1.49M | — | 1.49M | OO | Delaware | 2022-02-17 | ↗ |
| 12 | Apollo SPAC Management I, L.P. | 1.49M | 9.90% | — | 1.49M | — | 1.49M | PN | Delaware | 2022-02-17 | ↗ |
| 13 | Capital Management Company, L.P. | 1.49M | 9.90% | — | 1.49M | — | 1.49M | IA | Delaware USA | 2022-02-14 | ↗ |
| 14 | Opportunity Master Fund, Ltd. | 1.49M | 9.90% | — | 1.49M | — | 1.49M | OO | Delaware USA | 2022-02-14 | ↗ |
| 15 | Shah | 1.49M | 9.90% | — | 1.49M | — | 1.49M | HC | Delaware USA | 2022-02-14 | ↗ |
| 16 | Space Summit Capital LLC | 1.49M | 9.90% | 1.49M | — | 1.49M | — | IA | — | 2022-02-14 | ↗ |
| 17 | D. E. Shaw & Co., L.L.C | 1.49M | 9.40% | — | 1.49M | — | — | OO | Delaware | 2022-02-22 | ↗ |
| 18 | D. E. Shaw & Co., L.P. | 1.49M | 9.40% | — | 1.49M | — | — | IA, PN | Delaware | 2022-02-22 | ↗ |
| 19 | Holdings II LLC | 1.09M | 10.67% | — | 1.09M | — | 1.09M | OO | USA | 2024-02-14 | ↗ |
| 20 | byNordic Holdings II LLC | 1.09M | 4.83% | — | 1.09M | — | 1.09M | OO | Sweden | 2023-02-09 | ↗ |
| 21 | Atalaya Capital Management LP | 1.03M | 6.90% | — | 1.03M | — | 1.03M | IA, PN | Delaware | 2022-02-17 | ↗ |
| 22 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 742.5K | 16.39% | 742.5K | — | 742.5K | — | IA | DELAWARE | 2024-02-14 | ↗ |
| 23 | ACM Alamosa (Cayman) Holdco LP | 556.0K | 3.70% | — | 556.0K | — | 556.0K | PN | Delaware | 2022-02-17 | ↗ |
| 24 | Mizuho Financial Group, Inc. | 316.0K | 6.98% | 316.0K | — | 316.0K | — | FI | — | 2024-02-13 | ↗ |
| 25 | Periscope Capital Inc. | 300.0K | 6.60% | — | 300.0K | — | 300.0K | FI | — | 2024-02-09 | ↗ |
| 26 | ACM ASOF VII (Cayman) Holdco LP | 278.1K | 1.90% | — | 278.1K | — | 278.1K | PN | Delaware | 2022-02-17 | ↗ |
| 27 | Corbin Capital Partners GP, LLC | 278.1K | 1.90% | — | 278.1K | — | 278.1K | OO | Delaware | 2022-02-17 | ↗ |
| 28 | Corbin Capital Partners, L.P. | 278.1K | 1.90% | — | 278.1K | — | 278.1K | IA, PN | Delaware | 2022-02-17 | ↗ |
| 29 | Corbin ERISA Opportunity Fund, Ltd. | 278.1K | 1.90% | — | 278.1K | — | 278.1K | OO | Delaware | 2022-02-17 | ↗ |
| 30 | Atalaya Special Purpose Investment Fund II LP | 198.2K | 1.30% | — | 198.2K | — | — | PN | Delaware | 2022-02-17 | ↗ |
| 31 | AQR Arbitrage, LLC | 120.0K | 6.16% | — | 120.0K | — | — | IA | Delaware, USA | 2024-11-14 | ↗ |
| 32 | AQR Capital Management Holdings, LLC | 120.0K | 6.16% | — | 120.0K | — | — | HC | Delaware, USA | 2024-11-14 | ↗ |
| 33 | AQR Capital Management, LLC | 120.0K | 6.16% | — | 120.0K | — | — | IA | Delaware, USA | 2024-11-14 | ↗ |
| 34 | Absolute Return Strategies, LP | 112.8K | 5.80% | — | 112.8K | — | 112.8K | PN | Delaware | 2024-11-20 | ↗ |
| 35 | Fund Management, LLC | 112.8K | 5.80% | — | 112.8K | — | 112.8K | OO | Delaware | 2024-11-20 | ↗ |
| 36 | Glass | 112.8K | 5.80% | — | 112.8K | — | 112.8K | HC | Delaware | 2024-11-20 | ↗ |
| 37 | D. E. Shaw Valence Portfolios, L.L.C. | 112.5K | 5.50% | — | 112.5K | — | — | OO | Delaware | 2024-11-14 | ↗ |
| 38 | D. E. Shaw & Co., L.L.C. | 112.5K | 5.50% | — | 112.5K | — | — | OO | Delaware | 2024-11-14 | ↗ |
| 39 | D. E. Shaw & Co., L.P. | 112.5K | 5.50% | — | 112.5K | — | — | IA, PN | Delaware | 2024-11-14 | ↗ |
| 40 | David E. Shaw | 112.5K | 5.50% | — | 112.5K | — | — | IN | United States | 2024-11-14 | ↗ |
| 41 | Citadel Securities Group LP | 6.00 | 0.00% | — | 786.0K | — | 786.0K | HC, PN | Delaware | 2022-02-22 | ↗ |
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2026 Q1
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | FNY INVESTMENT ADVISERS, LLC | 10.0K +— (+0.0%) | 124.0K +3.0K (+2.5%) | 1.43% +0.442 pp | 0.04% -0.004 pp | USD12.10 +3.2% | 3 qtrs — |
Ownership breakdown by holder
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Ratio by volume
0.00
Bearish
Buys
0
Sells
2
Shares acquired
—
Shares disposed
184.0K
Cash buys
—
Cash sales
1.00
Net activity
-184,000
Insider buys vs sells (history)
From
To
Executive team
Top executives
Shares Outstanding
7.13M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Christian Merheim | Director of Technology | — | male |
| Michael Hermansson | Chief Executive Officer | — | male |
| Thomas L. Fairfield | Chief Financial Officer, Chief Operating Officer & Secretary | — | male |
ESG Rating
ESG Score History SHELL COMPANIES
Benchmark vs Sector
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for BYNO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
