Recent Updates — CAPNR

Cayson Acquisition Corp entered into a Strategic Cooperation and Services Agreement with Prisma Global Holding Limited. Under the deal, Prisma will assist in obtaining working capital loans of up to $1,000,000 prior to a business combination, for which Cayson pays a 10% fee capped at $100,000. Additionally, Prisma will introduce potential sources for financings of up to $18,000,000 to be consummated simultaneously with the initial business combination, subject to mutually agreed fees. The company also deposited $60,000 into its trust account for the second month of a deadline extension. Cayson Acquisition Corp is a blank check company seeking an initial business combination.

Cayson Acquisition Corp extended its deadline to consummate an initial business combination by twelve months until September 23, 2027. Shareholders approved the extension proposal and a corresponding amendment to the Investment Management Trust Agreement at an extraordinary general meeting on September 23, 2026. To fund this extension, CEO Yawei Cao loaned the company $60,000 via an interest-bearing promissory note repayable upon business combination completion. Additionally, holders of 1,428,025 public shares exercised redemption rights during the meeting. Cayson Acquisition Corp operates as a blank check company (SPAC) in the financial services industry, seeking to merge with or acquire a private operating company.

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. announced that on July 22, 2026, its Insiders deposited a contribution of US$125,000 for the fifth month of its business combination extension. This contribution will be deposited into the Trust Account to increase the per-share redemption price in the event of a business combination or liquidation. Cayson Acquisition Corp is a blank check company operating in the financial services sector.

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.