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

Role: Chairman of the Board, Director
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.