For the quarter ending 2026-03-31, CAPN has $37,749,093 in assets. $3,578,867 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 64,433 | 63,670 | 87,898 | 183,418 |
| Prepaid expenses | 62,527 | 88,317 | 128,804 | 130,731 |
| Total current assets | 126,960 | 151,987 | 216,702 | 314,149 |
| Prepaid expenses - non-current | - | - | - | 20,768 |
| Cash held in escrow account | - | - | 600,000 | - |
| Cash and investments held in trust account | 37,622,133 | 64,487,925 | 62,676,305 | 62,028,266 |
| Total non-current assets | 37,622,133 | 64,487,925 | 63,276,305 | 62,049,034 |
| Total assets | 37,749,093 | 64,639,912 | 63,493,007 | 62,363,183 |
| Accrued offering costs | - | - | 75,000 | 75,000 |
| Accrued expenses | 153,867 | 109,330 | 23,479 | 35,609 |
| Promissory note-Nonrelated Party | - | 900,000 | 300,000 | - |
| Promissory note-Third Party | 1,025,000 | - | - | - |
| Promissory note-Related Party | 300,000 | 300,000 | 300,000 | - |
| Total current liabilities | 1,478,867 | 1,309,330 | 698,479 | 110,609 |
| Deferred underwriting commission payable | 2,100,000 | 2,100,000 | 2,100,000 | 2,100,000 |
| Total liabilities | 3,578,867 | 3,409,330 | 2,798,479 | 2,210,609 |
| Ordinary shares subject to possible redemption 3,458,092 and 6,000,000 shares at a redemption value of 10.88 and 10.75 per share as of march 31, 2026 and december 31, 2025, respectively | 37,622,133 | 64,487,925 | 63,276,305 | 62,028,266 |
| Ordinary shares, 0.0001 par value 200,000,000 shares authorized 1,830,000 shares issued and outstanding (excluding 3,458,092 and 6,000,000 shares subject to redemption as of march 31, 2026 and december 31, 2025, respectively) | 183 | 183 | 183 | 183 |
| Additional paid-in capital | - | - | - | 154,377 |
| Accumulated deficit | -3,452,090 | -3,257,526 | -2,581,960 | -2,030,252 |
| Total shareholders deficit | -3,451,907 | -3,257,343 | -2,581,777 | -1,875,692 |
| Total liabilities and shareholders deficit | 37,749,093 | 64,639,912 | 63,493,007 | 62,363,183 |
Cayson Acquisition Corp (CAPN)
Cayson Acquisition Corp (CAPN)