Cayson Acquisition Corp Announces Separate Trading of its Ordinary Shares and Rights
22 Octubre 2024 - 7:00AM
Cayson Acquisition Corp (NASDAQ:CAPNU) (the “Company”) announced
today that, commencing on or about October 24, 2024, holders of its
units sold in the Company’s initial public offering may elect to
separately trade the Company’s ordinary shares and rights included
in the units. The ordinary shares and rights that are separated
will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols
“CAPN” and “CAPNR,” respectively. No fractional rights will be
issued upon separation of the units and only whole rights will
trade. Those units not separated will continue to trade on Nasdaq
under the symbol “CAPNU.” Holders of units will need to have their
brokers contact Continental Stock Transfer & Trust Company, the
Company’s transfer agent, in order to separate the units into
ordinary shares and rights.
The Company is a Cayman exempt company, formed
as a blank check company for the purpose of entering into a merger,
share exchange, asset acquisition, share purchase,
recapitalization, reorganization or similar business combination
with one or more businesses or entities. The Company intends to
focus its search for a target business on entities located
throughout Asia but will not be limited to a particular industry or
geographic location. The Company is led by its Chairman of the
Board and Chief Executive Officer, Yawei Cao.
FORWARD-LOOKING
STATEMENTS
This press release contains statements that
constitute “forward-looking statements.” Forward-looking statements
are subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s final prospectus relating to the
Company’s initial public offering filed with the SEC on September
20, 2024. Copies are available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Contact:
Taylor Zhangtaylorzhang@caysonspac.com
Cayson Acquisition (NASDAQ:CAPNU)
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