Cayson Acquisition Corp 8-K

What Happened

• Cayson Acquisition Corp announced it received a Nasdaq notice on April 27, 2026 that it is not in compliance with Nasdaq Listing Rule 5450(a)(2) (the Minimum Total Holders Rule), which requires at least 400 total holders of the company’s ordinary shares for continued listing.
• Nasdaq requires the company to submit a plan to regain compliance no later than June 11, 2026. If Nasdaq accepts the plan, the exchange may grant up to a 180-calendar-day extension from the notice date to demonstrate compliance. If Nasdaq rejects the plan, the company can appeal to a Nasdaq Hearings Panel. The company said it intends to submit a plan by June 11, 2026.

Key Details

• Notice date: April 27, 2026.
• Applicable rule: Nasdaq Listing Rule 5450(a)(2) — minimum of 400 “Total Holders.”
• Plan submission deadline: June 11, 2026.
• Possible outcomes: Nasdaq may grant up to a 180-day extension if it accepts the plan; if not accepted, the company may appeal to a Nasdaq Hearings Panel.

Why It Matters

• Failing to meet the 400-holder requirement puts Cayson at risk of delisting from Nasdaq, which can reduce liquidity and make the stock harder to trade for investors.
• The issue is not an immediate delisting — the company has a formal process to submit a plan and may receive an extension — but acceptance of the plan is not guaranteed.
• Investors should monitor updates (plan filing, Nasdaq response, any appeal) because they will determine whether the company remains listed or faces delisting actions. The filing also contains forward-looking statements and the company warns these may change.