Centurion Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company’s units, common stock and warrants trade on the Nasdaq Capital Market under the symbols ALFUU, ALFU and ALFUW, respectively. As a blank‐check vehicle, Centurion Acquisition seeks to leverage public market access to identify and partner with a suitable private company, providing it with capital and market exposure.
The SPAC was sponsored by Centurion Capital Partners Holdings LLC, an investment firm focused on growth‐oriented businesses across various industries. Centurion Acquisition targets sectors including technology, digital commerce, financial services and consumer products, with an emphasis on companies positioned for long-term expansion in global markets. The company’s acquisition strategy is designed to capitalize on emerging trends in e-commerce, fintech and digital media, aiming to deliver value through operational expertise and strategic guidance.
Leading the organization is Vikram M. Nayak, founder and managing partner of Centurion Capital Partners, who serves as chairman and chief executive officer of the SPAC. Nayak brings extensive experience in private equity investing, strategic advisory services and transaction execution. The management team includes professionals with backgrounds in investment banking, corporate finance and operational management, collectively responsible for sourcing potential targets, conducting due diligence and structuring business combinations.
Centurion Acquisition completed its initial public offering of units in 2021, placing proceeds into a trust account to finance a future business combination. The company has up to 24 months from the closing of its IPO to identify and complete an acquisition, during which time it conducts outreach to prospective businesses and engages with stakeholders. Through its SPAC structure, Centurion Acquisition aims to offer a streamlined path to the public markets for a target company while delivering attractive risk‐adjusted returns to shareholders.
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