
Corporate ActionApr 23, 2026, 08:32 AM
CAPN Insiders Deposit $125K for Second Monthly Extension
AI Summary
Cayson Acquisition Corp's Insiders have deposited $125,000 into the Trust Account for the second month of the company's business combination extension. This follows the approval on March 18, 2026, to allow monthly extensions up to March 23, 2027, with a $125,000 contribution for each month utilized. The contribution increases the per-share redemption price for shareholders.
Key Highlights
- Insiders deposited $125,000 for the second month of extension.
- The extension allows up to 12 months, until March 23, 2027.
- Each monthly contribution is $125,000.
- Funds are deposited into the Trust Account.
- The contribution increases the per-share redemption price.
Price Impact
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