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Cayson Acquisition Priced, Nasdaq: CAPNU

Blank check company targeting businesses in Asia.

Industry: SPAC

Latest Trade: $10.09 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +0.9%

Industry: SPAC

We are a blank check company. While there is no restriction on the geographic location of the targets that we can pursue, we intend to initially focus on target businesses in Asia. In particular, we intend to focus our search for a target business on private companies in Asia that have compelling economics, clear paths to positive operating cash flow, and successful management teams that are seeking access to the U.S. public capital markets. As an emerging market, Asia has experienced significant growth. The Asian economy has experienced sustained expansion in recent years. According to the International Monetary Fund (IMF), Asian emerging market and developing economies are expected to expand 5.2% in 2024, compared to 3.2% for overall global growth. We believe that Asia is entering a new era of economic growth, which we expect will result in attractive initial business combination opportunities for us. While we may acquire a business in any industry, our focus will be middle market and emerging growth companies in the Financial Services, Technology, Biotechnology & Pharmaceutical, Advanced Materials, and Clean Energy.
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IPO Data
IPO File Date 06/28/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 6.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/19/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 6.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EarlyBirdCapital
Revere Securities
Company Data
Headquarters New York, NY, United States
Founded 2024
Employees at IPO 2

Cayson Acquisition (CAPNU) Performance