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The latest update is out from Cayson Acquisition Corp ( (CAPN) ).
On December 17, 2025, Mango Financial Limited provided Cayson Acquisition Corp. with a $600,000, interest-free loan, which will be deposited into the SPAC’s IPO trust account to extend its deadline to complete an initial business combination from December 23, 2025 to March 23, 2026, with repayment due only upon successful consummation of such a transaction. This financing gives Cayson additional time to close its previously announced merger with Mango Financial Group Limited and related entities, preserving the SPAC’s deal timeline and maintaining the potential path to a public listing for the Mango Financial business, while the parties move ahead with regulatory filings and the proxy process required for shareholder approval of the business combination.
More about Cayson Acquisition Corp
Cayson Acquisition Corp. is a special purpose acquisition company (SPAC) formed to pursue a business combination, and in July 2025 it signed a merger agreement with Mango Financial Group Limited and its affiliates as its intended target, positioning itself to bring Mango Financial to the public markets through the proposed transaction.
Average Trading Volume: 7,463
Technical Sentiment Signal: Strong Buy
Current Market Cap: $83.15M
For a thorough assessment of CAPN stock, go to TipRanks’ Stock Analysis page.