Cayson Acquisition Corp mutually terminated its previously announced merger agreement with Mango Financial Group Limited on September 2, 2026. Under the termination terms, Mango agreed to pay certain expenses incurred by Cayson, for which Cayson issued a promissory note payable without interest upon consummation of an initial business combination or convertible into units at $10.00 per unit if cash is unavailable. Other existing promissory notes are similarly subject to conversion options. The company will resume its search for a target business. Cayson Acquisition Corp operates as a blank check company in the financial services industry, seeking to merge with or acquire private businesses.

Cayson Acquisition Corp entered into an amendment to its Merger Agreement with Mango Financial Group Limited, North Water Investment Group Holdings Limited, and Mango Temp Limited on June 24, 2026. The amendment extends the termination date for the merger if the closing has occurred to March 23, 2027. Cayson Acquisition Corp is a special purpose acquisition company (SPAC) focused on identifying and completing business combinations.

Cayson Acquisition Corp announced that its insiders deposited a $125,000 contribution on June 23, 2026, to fund the fourth month of an approved business combination extension. This extension, previously approved during an extraordinary general meeting on March 18, 2026, allows the company to extend its deadline to consummate a business combination on a monthly basis up to March 23, 2027. Each monthly extension requires an aggregate contribution of $125,000 from insiders to be deposited into the company's trust account, which increases the per-share redemption price. Cayson Acquisition Corp is a special purpose acquisition company.