Cayson Acquisition Corp (CAPN): debt financing — Cayson Acquisition Corp shareholders approve extension of business combination deadline to March 2027

Cayson Acquisition Corp

Shareholders approved monthly extensions up to 12 months (until March 23, 2027) with $125k/month contributions from insiders.
Redemption limitation removed; net tangible asset floor of $5,000,001 eliminated.
Mango Financial loaned $750k to fund first month extension; $125k deposited into trust.
Holders of 2,541,908 public shares elected redemption, reducing trust balance.
Company continues efforts to consummate business combination with Mango Financial Group Limited.

item 1.01 item 5.07 item 2.03 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Cayson Acquisition Corp incurred loan of $750,000 with Mango Financial Limited at bears no interest maturing upon consummation of a Business Combination.

Instrument: loan
Principal: $750,000
Counterparty: Mango Financial Limited
Rate: bears no interest
Maturity: upon consummation of a Business Combination
Event: incurrence

Exact text from the filing

Effective as of March 18, 2026, Mango Financial Limited (“ Mango Financial ”) agreed to lend Cayson Acquisition Corp (the “Company”) an aggregate of $750,000.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Cayson Acquisition Corp: Shareholders approved amendments to amended and restated memorandum and articles of association to extend business combination deadline to March 23, 2027 and remove the $5,000,001 net tangible asset redemption limitation (effective 2026-03-18).

Change: bylaw amendment
Effective: 2026-03-18

Exact text from the filing

● to resolve as a special resolution, that the Company’s amended and restated memorandum and articles of association as adopted by special resolution dated September 19, 2024 with effect from September 23, 2024 (the “Existing Memorandum and Articles”) be amended (the “Extension Amendment”), pursuant to which the board of directors of the Company (the “Board”) may extend the date (the “Extension”) by which the Company must consummate a business combination (as defined in the Existing Memorandum and Articles) on a monthly basis, up to twelve (12) months (or until March 23, 2027)

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Cayson Acquisition Corp: Shareholders approved an amendment to the Investment Management Trust Agreement to change the amount to be deposited into the trust account in connection with extending the time to complete a business combination (effective 2026-03-18).

Effective: 2026-03-18

Exact text from the filing

● to resolve as an ordinary resolution, that the Investment Management Trust Agreement, dated as of September 19, 2024 (the “Trust Agreement”), entered into by and between Continental Stock Transfer & Trust Company, as trustee (the “Trustee”), and the Company be amended (the “Trust Amendment”) to change the amount of funds to be deposited into the trust account in connection with extending the time to complete an initial business combination as described in the Extension Proposal

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37 debt financings filed in the last 30 days. Browse all debt financings →

Cayson Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-011864

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