Centurion Acquisition Corp. Announces Postponement of Shareholders’ Meeting to Friday, June 12, 2026, and Extension of Redemption Request Deadline

Rhea-AI Summary

Centurion Acquisition (Nasdaq: ALFUU) postponed its Extraordinary General Meeting from June 9, 2026, to June 12, 2026, at 11:00 a.m. ET to allow more shareholder engagement. The meeting will consider extending the deadline to consummate an initial business combination from June 12, 2026 to June 12, 2027 (or an earlier date set by the board). The record date remains May 6, 2026. Previously submitted votes remain valid unless changed. The deadline to submit public Class A ordinary shares for redemption is extended to 5:00 p.m. ET on June 10, 2026, and prior redemption requests may be withdrawn via the transfer agent, Continental Stock Transfer & Trust.

Positive

• Meeting postponed to allow additional time to engage shareholders
• Redemption deadline extended to 5:00 p.m. ET on June 10, 2026

Negative

• None.

News Market Reaction – ALFUW

-5.50%

-5.50% Session close to close

In the Jun 5 session, ALFUW declined 5.50%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.5% in the session following this news. A negative reaction despite the proposed e...

Analysis

The stock moved -5.5% in the session following this news. A negative reaction despite the proposed extension from June 12, 2026 to June 12, 2027 would have reflected concern that additional time might not translate into a successful business combination. With ALFUW at $0.18, far below its $0.54 52-week high and under the $0.27 200-day MA, any sharp downside move from this level would have come against an already weak technical backdrop and modest trading volume.

Key Figures

Trust Account balance: $302,037,539 IPO proceeds to Trust: $287.5 million Net income: $5,946,448 +5 more

8 metrics

Trust Account balance $302,037,539 Marketable securities and cash in Trust Account as of June 30, 2025

IPO proceeds to Trust $287.5 million Proceeds from June 12, 2024 IPO placed into Trust Account

Net income $5,946,448 Six months ended June 30, 2025

Dividends and interest $6,231,860 Income from Trust Account assets, six months ended June 30, 2025

Operating and formation costs $285,412 Six months ended June 30, 2025

Cash outside Trust $423,168 Cash held outside Trust Account as of June 30, 2025

Redeemable Class A shares 28,750,000 shares Class A shares subject to redemption at June 30, 2025

Deferred underwriting fee $13,687,500 Deferred underwriting commissions liability

Key Terms

memorandum of association, articles of association, class a ordinary shares, record date, +2 more

6 terms

memorandum of association regulatory

"approve an amendment to the Company’s amended and restated memorandum of association and articles"

A memorandum of association is a foundational legal document that creates a company and sets out its basic identity and powers — such as its name, purpose, share structure and the extent of owners’ liability. For investors it matters because it defines who can own what, what the company is allowed to do, and the limits on shareholder rights and protections; think of it as the company’s birth certificate and rulebook that affects ownership, risk and governance.

articles of association regulatory

"amended and restated memorandum of association and articles of association to extend the date"

A company's articles of association are its written rulebook that sets how the business is run, how decisions are made, and what rights owners and directors have—covering voting, meetings, appointment and removal of directors, share classes and dividend policies. For investors, these rules matter because they determine how easily control can change, what protections minority owners have, and how corporate actions (like issuing new shares or changing leadership) are approved, much like a home’s bylaws shaping what residents can and cannot do.

class a ordinary shares financial

"deadline for submission of public Class A ordinary shares for redemption will be extended"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

record date financial

"The record date for determining Centurion’s shareholders entitled to receive notice"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

redemption financial

"shares for redemption will be extended to 5:00 p.m. Eastern Time on June 10, 2026"

Redemption is when an issuer or holder settles a financial instrument by paying it off or returning it for cash, such as a bond being paid at maturity or a preferred share bought back by the company. It matters to investors because redemption changes when and how they get their money back, can cut off future income from the investment, and affects the issuer’s cash needs—think of it like a loan being paid off early or a store refunding a returned purchase.

transfer agent financial

"by requesting that Continental Stock Transfer & Trust Company, the Company’s transfer agent,"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- Centurion Acquisition Corp., a Cayman Islands exempted company, (“Centurion” or the “Company”) (Nasdaq: ALF) today announced that it intends to postpone its previously announced Extraordinary General Meeting of shareholders (the “Meeting”) from June 9, 2026, at 11:00 a.m. Eastern Time, to June 12, 2026 at 11:00 a.m. Eastern Time to allow Centurion additional time to engage with shareholders.

As previously disclosed, the purpose of the Meeting is to, among other things, approve an amendment to the Company’s amended and restated memorandum of association and articles of association to extend the date by which the Company must consummate an initial business combination from June 12, 2026 to June 12, 2027 (or such earlier date as determined by the Company’s board of directors (the “Extension”)).

The record date for determining Centurion’s shareholders entitled to receive notice of and to vote at the Meeting remains the close of business on May 6, 2026 (the “Record Date”). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.

Because the Company has postponed the Meeting to June 12, 2026, the deadline for submission of public Class A ordinary shares for redemption will be extended to 5:00 p.m. Eastern Time on June 10, 2026.

Shareholders who wish to withdraw their previously submitted redemption request may do so by requesting that Continental Stock Transfer & Trust Company, the Company’s transfer agent, return such shares.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Meeting. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. Centurion does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

Additional Information and Where to Find It

The Company has filed a definitive proxy statement, dated May 21, 2026 (the “Extension Proxy Statement”), to be used to seek shareholder approval of, among other things, the Extension. The Company has mailed the Extension Proxy Statement to its shareholders of record as of May 6, 2026 on or about May 22, 2026. Investors and security holders of the Company are advised to read the Extension Proxy Statement and any amendments or supplements thereto, because these documents contain or will contain important information about the Extension and the Company. Shareholders will also be able to obtain copies of the Extension Proxy Statement, without charge, at the U.S. Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov or by directing a request to: Centurion Acquisition Corp., 667 Madison Avenue, 5th Floor, New York, New York 10065.

Participants in the Solicitation

The Company and its directors and executive officers may be considered participants in the solicitation of proxies with respect to the Extension under the rules of the SEC. Information about the directors and executive officers of the Company and a description of their interests in the Company and the Extension are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on March 12, 2026 (the “Annual Report”), and the definitive Extension Proxy Statement which was filed with the SEC on May 21, 2026. These documents can be obtained free of charge from the sources indicated above.

About Centurion Acquisition Corp.

Centurion Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on businesses that operate within the technology sector, with a focus on video gaming, interactive entertainment and enabling services and technologies, cybersecurity, artificial intelligence, machine learning, Software as a Service (“SaaS”) and deep tech technologies.

Contact

David Gomberg
President
Centurion Acquisition Corp.

david@centurionacquisition.com

FAQ

Why did Centurion Acquisition (Nasdaq: ALFUU) postpone its June 2026 shareholders’ meeting?

Centurion postponed the meeting to allow additional time to engage with shareholders. According to Centurion, the Extraordinary General Meeting will now be held on June 12, 2026, at 11:00 a.m. Eastern Time instead of June 9, 2026.

When will Centurion Acquisition’s rescheduled shareholder meeting take place in June 2026?

The rescheduled Centurion Acquisition shareholder meeting will take place on June 12, 2026, at 11:00 a.m. ET. According to Centurion, the meeting will consider an amendment to extend the deadline to complete an initial business combination.

What extension of the business combination deadline is Centurion Acquisition (ALFUU) seeking in June 2026?

Centurion is seeking shareholder approval to extend its initial business combination deadline to June 12, 2027. According to Centurion, the amendment would move the current deadline from June 12, 2026, to June 12, 2027, or an earlier board‑determined date.

What is the new redemption deadline for Centurion Acquisition public Class A shares in June 2026?

The new redemption deadline is 5:00 p.m. Eastern Time on June 10, 2026. According to Centurion, shareholders must submit public Class A ordinary shares by then to redeem in connection with the June 12, 2026 shareholder meeting.

Can Centurion Acquisition shareholders who already redeemed ALFUU shares withdraw their requests?

Yes, shareholders who previously requested redemption can withdraw those requests. According to Centurion, investors may ask Continental Stock Transfer & Trust Company, the transfer agent, to return their public Class A ordinary shares before the extended redemption deadline.

Does the Centurion Acquisition June 2026 record date change after the meeting postponement?

No, the record date remains the close of business on May 6, 2026. According to Centurion, shareholders of record on that date can vote at the June 12, 2026 meeting even if they subsequently sold their shares.