Cayson Acquisition FY26 Q2 net income falls 64.12% to $137,610
CAPN•Cash position and merger update
Cash outside the trust account totaled $54,485 at June 30, 2026, with $38.33 million held in the trust account.
The SPAC continues to pursue its proposed merger with Mango Financial Group under a merger agreement amended most recently on June 24, 2026.
Quarterly and six-month results
Cayson Acquisition posted net income of $137,610 for the quarter ended June 30, 2026, down 64.12% from a year earlier.
Interest income from cash and investments in the trust account fell to $334,439 from $640,013.
Six-month net income dropped 50.52% to $390,010 as trust-account interest income slid to $880,294 from $1.28 million.
