Cayson Acquisition Corp
Business
Cayson Acquisition Corp is a blank-check company incorporated in the Cayman Islands to effect a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses. The company raised capital in its initial public offering and a concurrent private placement, with proceeds held in trust for deployment toward an acquisition. The company has entered into a merger agreement with Mango Financial Group Limited and focuses on identifying target businesses primarily in Asia, excluding those with variable interest entity structures in China.
Summary from 10-K filed 2026-03-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation and operating costs | 908,002 | |
| Loss from operations | −908,002 | |
| Bank interest income | 9,644 | |
| Interest earned on cash and investments held in Trust Account | 3 | |
| Total other income | 3 | |
| Net Income | 2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-05-31 |
|---|---|---|---|---|
| Cash | 63,670 | 465,254 | — | |
| Prepaid expenses | 88,317 | 129,496 | — | |
| Total Current Assets | 151,987 | 594,750 | — | |
| Prepaid expenses - non-current | — | 66,158 | — | |
| Cash and investments held in trust account | 64 | 61 | — | |
| Total Non-current assets | 64 | 61 | — | |
| Total Assets | 65 | 61 | — | |
| Accrued offering costs | — | 65,000 | — | |
| Accrued expenses | 109,330 | 38,025 | — | |
| Total Current Liabilities | 1 | 103,025 | — | |
| Deferred underwriting commission payable | 2 | 2 | — | |
| Total Liabilities | 3 | 2 | — | |
| Commitments and contingencies | — | — | — | |
| Ordinary shares subject to possible redemption 6,000,000 shares at a redemption value of $10.75 and $10.13 per share as of December 31, 2025 and December 31, 2024, respectively | 64 | 61 | — | |
| Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding | — | — | — | |
| Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 1,830,000 shares issued and outstanding (excluding 6,000,000 shares subject to redemption) | 183 | 183 | — | |
| Additional paid-in capital | — | — | — | |
| Accumulated deficit | −3 | −2 | — | |
| Total Shareholders Deficit | −3 | −2 | — | |
| Total Liabilities and Shareholders Deficit | 65 | 61 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Interest earned on cash and investments held in Trust Account | −3 | −752,079 | |
| Accrued offering costs | −65,000 | — | |
| Accrued expenses | 454,437 | — | |
| Prepaid expense | 107,337 | — | |
| CASH USED IN OPERATING ACTIVITIES | −401,584 | — | |
| Cash deposited into Trust account | −1 | — | |
| CASH USED IN INVESTING ACTIVITIES | −1 | — | |
| Promissory note | 900,000 | — | |
| Promissory note - related party | 300,000 | — | |
| Proceeds from issuance of EBC Founders Share | — | — | |
| Payment of underwriters discount | — | — | |
| Borrowings from related party | — | — | |
| Repayment of borrowings from related party | — | — | |
| Payment of offering costs | — | — | |
| CASH PROVIDED BY FINANCING ACTIVITIES | 1 | — | |
| NET INCREASE IN CASH | −401,584 | — | |
| Issuance of founder shares in exchange for deferred offering costs | — | — | |
| Fair value of EBC Founder Shares charged to deferred offering costs | — | — | |
| Allocation of offering costs to ordinary shares subject to redemption | — | — | |
| Allocation of offering costs to ordinary shares subject to possible redemption | — | — | |
| Initial classification of ordinary shares subject to redemption to temporary equity | — | — | |
| Accretion of additional paid in capital to accumulated deficit | — | — | |
| Forfeiture of ordinary shares | — | — | |
| Contribution of transaction cost | 383,132 | — | |
| Subsequent measurement of ordinary shares subject to possible redemption | 3 | — | |
| Extension funds attributable to ordinary shares subject to redemption | 1 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Cayson Acquisition Corp's CIK number?
Cayson Acquisition Corp's SEC CIK number is 0002024203 (2024203). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Cayson Acquisition Corp's SEC filings?
All of Cayson Acquisition Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.