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Centurion Acquisition Corp. (ALF) filed its quarterly report for the period ended September 30, 2025. The SPAC reported net income of $2,957,074 for the quarter, driven by $3,165,277 of dividends and interest earned on the trust, partially offset by $208,203 in operating and formation costs. For the nine months, net income was $8,903,522.
The trust held $305,202,718 at quarter-end, with Class A shares recorded at a redemption value of $10.62 per share. Cash outside the trust was $226,905, and working capital was $232,995. A deferred underwriting fee payable totals $13,687,500.
Management disclosed substantial doubt about the company’s ability to continue as a going concern if it does not complete a business combination by June 12, 2026, the end of its completion window. As of November 13, 2025, shares outstanding were 35,937,500, including 28,750,000 Class A and 7,187,500 Class B.