Cayson Acquisition Corp. Files S-1/A for IPO

TL;DR

Cayson Acquisition Corp. (Cayman Islands) filed S-1/A for IPO. Blank check co. targeting real estate/construction.

AI Summary

Cayson Acquisition Corp. filed an S-1/A amendment on August 28, 2024, for its initial public offering. The company, incorporated in the Cayman Islands, is a blank check company focused on real estate and construction, with its principal executive offices located at 420 Lexington Ave, Suite 2446, New York, NY 10170. Yawei Cao serves as the Chairman and Chief Executive Officer.

Why It Matters

This filing indicates Cayson Acquisition Corp. is moving forward with its public offering, which could lead to a future acquisition in the real estate and construction sector.

Risk Assessment

Risk Level: medium — As a blank check company, its success is contingent on identifying and completing a suitable acquisition, which carries inherent risks.

Key Numbers

• N/A — IPO Offering Amount (Specific dollar amount for the IPO is not detailed in this excerpt.)
• 6770 — SIC Code (Primary Standard Industrial Classification Code for 'Blank Checks'.)

Key Players & Entities

• Cayson Acquisition Corp (company) — Registrant
• August 28, 2024 (date) — Filing date
• Cayman Islands (jurisdiction) — Place of incorporation
• 420 Lexington Ave, Suite 2446, New York, NY 10170 (address) — Principal executive offices
• Yawei Cao (person) — Chairman and Chief Executive Officer
• 333-280564 (registration_number) — SEC registration number

FAQ

Key Financial Figures

• $60,000,000 — to Completion, dated August 28, 2024 $60,000,000 CAYSON ACQUISITION CORP 6,000,000 U
• $10.00 — ies. Each unit has an offering price of $10.00 and consists of one ordinary share and
• $200,000 — leased to us to pay our taxes and up to $200,000 per year that may be released to us for
• $100,000 — rements as described herein (less up to $100,000 of interest to pay liquidation and diss
• $2,300,000 — per unit for a total purchase price of $2,300,000 in a private placement that will close
• $0.35 — p $ 9.45 $ 56,700,000 (1) Includes $0.35 per unit, or up to $2,100,000 in the ag
• $2,100,000 — (1) Includes $0.35 per unit, or up to $2,100,000 in the aggregate, or up to $2,415,000 i
• $2,415,000 — o $2,100,000 in the aggregate, or up to $2,415,000 if the over-allotment option is exercis
• $0.15 — ribed herein. We may elect to pay up to $0.15 of the $0.35 per unit in our securities
• $69,000,000 — ibed in this prospectus, $60,000,000 or $69,000,000 if the underwriters’ over-allotme
• $1,750,000 — mpany, acting as trustee, approximately $1,750,000, or $1,930,000, if the underwriters&rsq
• $1,930,000 — s trustee, approximately $1,750,000, or $1,930,000, if the underwriters’ over-allotm
• $550,000 — ounts and commissions, and an estimated $550,000 will be available for working capital f

Filing Documents

• forms-1a.htm (S-1/A) — 2043KB
• ex5-2.htm (EX-5.2) — 95KB
• ex23-3.htm (EX-23.3) — 5KB
• ex5-2_001.jpg (GRAPHIC) — 7KB
• ex5-2_002.jpg (GRAPHIC) — 6KB
• 0001493152-24-034164.txt ( ) — 2163KB

From the Filing

filed with the Securities and Exchange Commission on August 28, 2024 Registration No. 333-280564 UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION UNDER THE SECURITIES ACT OF 1933 Cayson Acquisition Corp (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary (I.R.S. Employer Identification Number) Cayson Acquisition Corp 420 Lexington Ave, Suite 2446 New York, NY 10170 Tel: 203-998-5540 (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) Yawei Cao, Chairman and Chief Executive Officer Cayson Acquisition Corp 420 Lexington Ave, Suite 2446 New York, NY 10170 Tel: 203-998-5540 (Name, address, including zip code, and telephone number, including area code, of agent for service) Copies to: David A. Miller, Esq. Jeffrey M. Gallant, Esq. Graubard Miller The Chrysler Building 405 Lexington Avenue, 44 th Floor New York, NY 10174 Tel: (212) 818-8800 Robert Cohen, Esq. McDermott Will & Emery One Vanderbilt Avenue New York, New York 10017 Tel: (212) 547-5400 Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement. If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine. The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. Preliminary Prospectus $60,000,000 CAYSON ACQUISITION CORP 6,000,000 Units Cayson Acquisition Corp is a Cayman Islands exempted company formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our “initial business combination” or our “business combination.” We may pursue a business combination with a target (which we refer to throughout this prospectus as a “target,” a “target company,” a “business combination candidate” or an “acquisition candidate”) in any industry that can benefit from the expertise and capabilities of our management team. While our efforts in identifying prospective target businesses will not be limited to a particular geographic region, we intend to focus our search on businesses throughout Asia. Howev

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