Recent Updates — CBGGF
Chain Bridge I shareholders approved an amendment extending the deadline for a business combination from November 15, 2026, to November 15, 2027. Concurrently, holders of 56,262 Class A Ordinary Shares exercised redemption rights, receiving approximately $715,526 in cash from the trust account. Following these redemptions, 2,565,328 Class A shares and 3,191,000 Class B shares remain outstanding. The company is a blank check company focused on completing an initial business combination.
Chain Bridge I entered into an amendment to its $1,250,000 unsecured, non-interest bearing senior note, extending the maturity date from June 30, 2026, to November 15, 2026. The company also issued new unsecured, non-interest bearing promissory notes with an aggregate principal amount of $312,500 for an aggregate purchase price of $250,000, which are due on November 15, 2026.