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Cayson Acquisition Corp ( (CAPN) ) has shared an announcement.
On July 11, 2025, Cayson Acquisition Corp entered into a Merger Agreement with Mango Financial Group Limited, aiming to merge Cayson with a wholly-owned subsidiary of Mango. This business combination will result in Cayson becoming a wholly-owned subsidiary of Mango Group, with the combined entity’s securities expected to be listed on Nasdaq. The merger, approved by both companies’ boards, is anticipated to close in the second half of 2025, subject to shareholder and regulatory approvals. This strategic move is expected to enhance Mango’s global expansion, providing access to U.S. capital markets and strengthening its capital position, while offering growth opportunities and value to shareholders.
More about Cayson Acquisition Corp
Mango Financial Limited, founded in 1970 during Hong Kong’s industrial boom, was one of the first non-foreign securities firms in the region and a founding member of the Far East Exchange, the predecessor of the Hong Kong Stock Exchange. Over the past five decades, Mango has transformed from a traditional trading house into a comprehensive financial institution, offering services such as investment banking, financial advisory, asset management, and securities underwriting and trading. The company operates in Hong Kong, Macau, East Asia, and Mainland China, with plans to expand into the U.S. market.
Average Trading Volume: 8,140
Technical Sentiment Signal: Strong Buy
For an in-depth examination of CAPN stock, go to TipRanks’ Overview page.