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Centurion Acquisition Corp. Stock Price, News & Analysis

ALFUU Nasdaq

Welcome to our dedicated page for Centurion Acquisition news (Ticker: ALFUU), a resource for investors and traders seeking the latest updates and insights on Centurion Acquisition stock.

Centurion Acquisition Corp. (ALFUU) is a special purpose acquisition company (SPAC) focused on merging with innovative businesses in technology sectors including artificial intelligence, cybersecurity, and interactive entertainment. This page serves as the definitive source for tracking the company's progress toward identifying a merger target and related corporate developments.

Investors and industry observers will find timely updates on potential acquisitions, regulatory filings, and leadership announcements. The curated news collection provides essential context for understanding Centurion's strategy in high-growth tech markets while maintaining compliance with SPAC operational requirements.

Key content includes updates on merger candidate evaluations, trust account status, and sector-specific market analysis relevant to the company's acquisition criteria. All materials are vetted for accuracy and presented in chronological order to simplify tracking of material events.

Bookmark this page for streamlined monitoring of Centurion's SPAC lifecycle – from capital deployment decisions to post-merger integration plans. Regular updates ensure stakeholders remain informed about opportunities in transformative technology sectors.

Rhea-AI Summary

Centurion Acquisition Corp. (Nasdaq: ALFUU) has announced that holders of units from its initial public offering can now separately trade Class A ordinary shares and warrants starting August 1, 2024. The company's IPO, completed on June 12, 2024, included 28,750,000 units, with an additional 3,750,000 units issued due to the underwriters' overallotment option.

Unseparated units will continue trading on Nasdaq under 'ALFUU', while separated Class A shares and warrants will trade under 'ALF' and 'ALFUW' respectively. Only whole warrants will be tradeable, and unit holders must contact Continental Stock Transfer & Trust Company to separate their units.

The securities registration statement became effective on June 10, 2024. This announcement does not constitute an offer to sell or solicit an offer to buy these securities.

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Rhea-AI Summary

Centurion Acquisition Corp. (Nasdaq: ALF), a blank check company, announced the closing of its $287.5 million initial public offering (IPO) which included the full exercise of the underwriters' over-allotment option. The offering consisted of 28,750,000 units at $10.00 per unit, with each unit including one Class A ordinary share and half a redeemable warrant. Concurrently, the company closed a private placement of 7,000,000 warrants at $1.00 per warrant, raising $7,000,000. The proceeds from the IPO and private placement, totaling $287.5 million, were placed in trust. The company aims to focus on technology sectors such as video gaming, interactive entertainment, cybersecurity, and artificial intelligence.

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Centurion Acquisition Corp. has announced the pricing of its $250 million initial public offering (IPO) with 25 million units priced at $10.00 per unit. Trading commences on the Nasdaq Global Market under the ticker symbol 'ALFUU' starting June 11, 2024. Each unit includes one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for one Class A share at $11.50. Separate trading of the shares and warrants will begin under ‘ALF’ and ‘ALFUW’. The offering closes June 12, 2024. The company, a blank check entity, aims to target technology sectors including video gaming, cybersecurity, AI, and SaaS. Cantor Fitzgerald & Co. will manage the offering, with Odeon Capital Group as co-manager.

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FAQ

What is the current stock price of Centurion Acquisition (ALFUU)?

The current stock price of Centurion Acquisition (ALFUU) is $10.49 as of May 8, 2025.
Centurion Acquisition Corp.

Nasdaq:ALFUU

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