Here are the 10-K annual reports from Cayson Acquisition Corp (CAPN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow CAPN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CAPN filings page.
Cayson Acquisition Corp, a Cayman Islands-based special purpose acquisition company, describes its structure, risks, and progress toward completing an initial business combination.
The company completed a Nasdaq-listed IPO of 6,000,000 units at $10.00 per unit and a 230,000-unit private placement, placing $60,000,000 into a U.S. trust account. As of June 30, 2025, non-affiliate ordinary shares had an aggregate market value of about $61.9 million, and as of March 24, 2026, 5,288,092 ordinary shares were outstanding.
Cayson signed a July 11, 2025 merger agreement involving Mango Financial Group Limited but elsewhere assumes it may pursue another target. Shareholders approved amendments allowing monthly extensions of the business combination deadline to March 23, 2027, funded by $125,000 monthly loans, with Mango Financial agreeing to lend up to $750,000. In connection with the March 18, 2026 meeting, holders of 2,541,908 public shares redeemed their shares for cash from the trust. The filing emphasizes extensive risk factors around completing a deal on time, redemptions, competition among SPACs, PRC-related regulatory exposure for Asia-focused targets, and potential creditor or tax claims that could reduce liquidation or redemption values.