| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 87,898 | 183,418 | ||
| Prepaid expenses | 128,804 | 130,731 | ||
| Total current assets | 216,702 | 314,149 | ||
| Prepaid expenses - non-current | - | 20,768 | ||
| Cash held in escrow account | 600,000 | - | ||
| Cash and investments held in trust account | 62,676,305 | 62,028,266 | ||
| Total non-current assets | 63,276,305 | 62,049,034 | ||
| Total assets | 63,493,007 | 62,363,183 | ||
| Accrued offering costs | 75,000 | 75,000 | ||
| Accrued expenses | 23,479 | 35,609 | ||
| Promissory note-Nonrelated Party | 300,000 | - | ||
| Promissory note-Related Party | 300,000 | - | ||
| Total current liabilities | 698,479 | 110,609 | ||
| Deferred underwriting commission payable | 2,100,000 | 2,100,000 | ||
| Total liabilities | 2,798,479 | 2,210,609 | ||
| Ordinary shares subject to possible redemption 6,000,000 shares at a redemption value of 10.55 and 10.13 per share as of september 30, 2025 and december 31, 2024, respectively | 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 6,000,000 shares subject to redemption) | 183 | 183 | ||
| Additional paid-in capital | - | 154,377 | ||
| Accumulated deficit | -2,581,960 | -2,030,252 | ||
| Total shareholders deficit | -2,581,777 | -1,875,692 | ||
| Total liabilities and shareholders deficit | 63,493,007 | 62,363,183 | ||
Cayson Acquisition Corp (CAPN)
Cayson Acquisition Corp (CAPN)