Cayson Acquisition Corp
For the period ended Dec 31, 2024. Filed Mar 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 26, 2025
CAPN$11.46+0.1%Stored close · as of Nov 3, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statement of Cash Flows
| CASH FLOWS FROM OPERATING ACTIVITIES | |
|---|---|
| Net income | $475,489 |
| Adjustments to reconcile net income to net cash used in operating activities: | |
| Interest earned on investments held in Trust Account | (752,079) |
| Changes in operating assets and liabilities: | |
| Accrued offering costs | 65,000 |
| Accrued expenses | 38,025 |
| Prepaid expense | (195,653) |
| CASH USED IN OPERATING ACTIVITIES | (369,218) |
| CASH FLOWS FROM INVESTING ACTIVITIES | |
| Investment of cash in Trust Account | (60,000,000) |
| CASH USED IN INVESTING ACTIVITIES | (60,000,000) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |
| Proceeds from issuance of EBC Founders Share | 1,450 |
| Proceeds from initial public offering | 60,000,000 |
| Proceeds from private placement | 2,300,000 |
| Payment of underwriter’s discount | (1,200,000) |
| Borrowings from related party | 261,317 |
| Repayment of borrowings from related party | (261,317) |
| Payment of offering costs | (266,978) |
| CASH PROVIDED BY FINANCING ACTIVITIES | 60,834,472 |
| NET INCREASE IN CASH | 465,254 |
| CASH AT BEGINNING OF THE PERIOD | - |
| CASH AT PERIOD END | $465,254 |
| Supplemental disclosure of cash flow information: | |
| Issuance of founder shares in exchange for deferred offering costs | $25,000 |
| Fair value of EBC Founder Shares charged to deferred offering costs | $130,550 |
| Allocation of offering costs to ordinary shares subject to redemption | $3,974,257 |
| Allocation of offering costs to ordinary shares subject to possible redemption | $3,722,527 |
| Initial classification of ordinary shares subject to redemption to temporary equity | $59,280,000 |
| Accretion of additional paid in capital to accumulated deficit | $4,694,257 |
| Forfeiture of ordinary shares | $23 |
| Accretion of subsequent measurement of ordinary shares subject to possible redemption | $752,079 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.