Cayson Acquisition Corp to merge with Mango Financial Limited, Nasdaq listing expected.

Cayson Acquisition Corp and Mango Financial Limited have entered into a definitive merger agreement. Upon closing, Cayson will become a subsidiary of Mango Financial Group, and the combined company's securities are expected to be listed on Nasdaq. Mango is a full-service investment bank in Hong Kong with a 50-year history. The merger will create a new parent company, Mango Financial Group, which will oversee both Mango and Cayson.

Cayson Acquisition Corp (NASDAQ: CAPN) and Mango Financial Limited have entered into a definitive merger agreement. Upon closing, Cayson will become a subsidiary of Mango Financial Group Limited, and the combined company's securities are expected to be listed on Nasdaq. Mango is a full-service investment bank in Hong Kong with a 50-year history.

The merger will create a new parent company, Mango Financial Group, which will oversee both Mango and Cayson. The transaction, which has been unanimously approved by the boards of directors of both companies, is subject to shareholder approval, approval by the Securities and Futures Commission of Hong Kong, and other customary closing conditions.

Mango, founded in 1970, has evolved from a traditional trading house into a full-service financial institution. It offers investment banking, financial advisory, asset management, and securities underwriting and trading. Mango's comprehensive licenses from the Hong Kong Securities and Futures Commission (SFC) support a full suite of capital markets and wealth management services. The company has a strong regional presence in Hong Kong, Macau, East Asia, and Mainland China, with plans to expand to the U.S.

Cayson, a blank check company, was formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The merger with Mango is expected to unlock growth opportunities for Mango while delivering lasting value to Cayson's shareholders.

The business combination will be accomplished through the merger of a wholly owned subsidiary of Mango Group with and into Cayson. Each Cayson unit will separate into a Cayson ordinary share and a Cayson right, each Cayson right will convert in accordance with its terms into 1/10 of a Cayson ordinary share, and each Cayson ordinary share (including the shares issued upon conversion of the Cayson rights) will be converted into one Mango Group ordinary share. As a result, Cayson will become a wholly owned subsidiary of Mango Group, and the security holders of Cayson will become security holders of Mango Group.

The transaction is expected to be completed in the second half of 2025. The description of the business combination contained herein is only a summary and is qualified in its entirety by reference to the Merger Agreement relating to the transaction. For additional information, see Cayson's Current Report on Form 8-K, which will be filed promptly and can be obtained at the website of the U.S. Securities and Exchange Commission (SEC) at www.sec.gov.

References:
[1] https://www.globenewswire.com/news-release/2025/07/14/3114658/0/en/Cayson-Acquisition-Corp-Announces-Entering-into-a-Merger-Agreement-with-Mango-Financial-Limited.html