secwatch.observer — SEC 8-K summary
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Issuer:     Cayson Acquisition Corp (CAPN)
CIK:        0002024203
Form:       8-K
Filed at:   2026-09-08T10:10:15+00:00
Accession:  0001493152-26-041659
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cayson Acquisition and Mango Financial mutually terminate merger agreement
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- Merger Agreement with Mango Financial terminated effective Sept 2, 2026; SPAC resumes target search.
- Mango pays $45,125.36 in expenses; SPAC issues non-interest promissory note convertible at $10.00/unit.
- Extension notes totaling $1,525,000 outstanding remain; all convertible into SPAC units after a business combination.
- Notes repayable only upon consummation of a business combination; forgiven if no deal closes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2024203/000149315226041659/0001493152-26-041659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2024203/000149315226041659/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-041659

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer