Cayson Acquisition Corp completes $60M IPO and $2.3M private placement

Cayson Acquisition Corp

Sold 6,000,000 Units at $10.00/Unit, gross proceeds $60,000,000; each Unit consists of one ordinary share and one right.
Concurrent private placement of 230,000 Units at $10.00/Unit to CEO Yawei Cao and CFO affiliate TenX Global Capital LP, raising $2,300,000.
Total of $60,000,000 deposited in trust account as of September 23, 2024; trust funds will be used for a future business combination.
Audited balance sheet shows $60.89M total assets, $2.28M liabilities, $60M temporary equity for redeemable shares; going concern opinion noted due to required business combination deadline.

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