byNordic Acquisition Corp-A 2026年季度报告

FORM 10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2026 Commission file number: 001-41273 BYNORDIC ACQUISITION CORPORATION(Exact Name of Registrant as Specified in Its Charter) Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements forthe past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller reportingcompany”, and “emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of May 15, 2026, there were 3,376,743 shares of Class A common stock, $0.0001 par value and 3,750,000 shares of Class Bcommon stock, $0.0001 par value, issued and outstanding. BYNORDIC ACQUISITION CORPORATION FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 TABLE OF CONTENTS PagePart I. Financial Information1Item 1. Interim Financial Statements1Condensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 20251Condensed Statements of Operations for the Three Months Ended March 31, 2026 and 2025 (Unaudited)2Condensed Statements of Changes in Stockholders’ Deficit for the Three Months Ended March 31, 2026 and 2025(Unaudited)3Condensed Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025 (Unaudited)4Notes to Condensed Financial Statements (Unaudited)5Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations21Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk25Item 4. Controls and Procedures25Part II. Other Information26Item 1. Legal Proceedings26Item 1A. Risk Factors26Item 2. Unregistered Sales of Equity Securities and Use of Proceeds26Item 3. Defaults Upon Senior Securities26Item 4. Mine Safety Disclosures26Item 5. Other Information26Item 6. Exhibits27Part III. Signatures28 PART I - FINANCIAL INFORMATION BYNORDIC ACQUISITION CORPORATIONCONDENSED BALANCE SHEETS BYNORDIC ACQUISITION CORPORATIONCONDENSED STATEMENTS OF OPERATIONS(UNAUDITED) BYNORDIC ACQUISITION CORPORATIONUNAUDITED CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT FOR THE THREE MONTHS ENDED MARCH 31, 2026 BYNORDIC ACQUISITION CORPORATIONCONDENSED STATEMENTS OF CASH FLOWS(UNAUDITED) BYNORDIC ACQUISITION CORPORATIONNOTES TO CONDENSED FINANCIAL STATEMENTSMARCH 31, 2026(Unaudited) NOTE1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS byNordic Acquisition Corporation (the “Company”) was incorporated in Delaware on December 27, 2019. The Company was formedfor the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar businesscombination with one or more businesses (the “Business Combination”). The Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company isan early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage andemerging growth companies. As of March 31, 2026, the Company had not commenced any operations. All activity for the period from December 27, 2019(inception) through March 31, 2026, relates to the Company’s formation, the Initial Public Offering (as defined below), andsubsequent to the Initial Public Offering, identifying a target company for a Business Combination. The Company will not generateany operating revenues until after the completion of its initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering (as defined below) andsubsequent borrowings from the Sponsor and its affiliates. The registration statement for the Company’s Initial Public Offering was declared effective on February 8, 2022 (the “Effective Date”).On February 11, 2022, the Company consummated its Initial Public Offering (“IPO”) of 15,000,000 units (the “Units” and,