Centurion Acquisition Corp. (NASDAQ: ALFUW) is a special purpose acquisition company formed in 2021 with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Incorporated in Delaware, the company raises investment capital through its public listing, with units typically comprising shares and warrants. To date, Centurion Acquisition has not generated operating revenues and remains focused on identifying a suitable business combination target.
As a blank‐check company, Centurion Acquisition seeks opportunities across a range of industries, with particular interest in sectors demonstrating robust growth potential. While it has not publicly committed to a specific vertical, the company’s investment mandate allows flexibility to pursue targets in technology, consumer products, financial technology, industrial services, healthcare and other emerging markets. Management evaluates opportunities based on strategic fit, growth prospects and the ability to create value for shareholders following a completed business combination.
Prior to completing a business combination, Centurion Acquisition holds its funds in a trust account and abides by the regulatory timelines associated with SPAC transactions. It may enter into negotiations, conduct due diligence and, where appropriate, secure financing commitments to support a proposed merger or acquisition. Upon announcement of a definitive agreement, the company is required to seek shareholder approval and satisfy customary closing conditions before the transaction is completed and the combined entity begins operating under a new corporate structure.
The company’s leadership team brings experience in corporate finance, capital markets and transaction execution. According to its public filings, management includes professionals who have previously held roles in investment banking, private equity and public equity analysis. This combination of deal‐making expertise and market knowledge underpins Centurion Acquisition’s strategy to identify and transact with a high‐quality target that aligns with its long‐term growth objectives.
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