Centurion Acquisition Corp (NASDAQ: ALF) is a blank check special purpose acquisition company (SPAC) incorporated in the Cayman Islands that exists to identify and complete a single business combination with an unspecified target. The company raised $287,500,000 at $10.00 per unit in its IPO, which closed June 12, 2024, and placed those proceeds in a Trust Account invested in U.S. government treasury obligations with maturities of 185 days or less or qualifying money market funds. The Trust Account funds remain locked until completion of an initial Business Combination or, if no combination is completed within 24 months of the IPO closing, return to public shareholders at approximately $10.00 per share. Centurion has no operations, no revenue, and no identified acquisition target as of the 10-K filed March 12, 2026.
- Revenue model
- No operating revenue. Income, if any, derives from interest earned on Trust Account holdings in U.S. government treasury obligations and qualifying money market funds. Interest may be released to pay taxes; otherwise it remains in the Trust Account until a Business Combination or liquidation.
- Products and services
- Single product: Class A ordinary shares and warrants sold in IPO units at $10.00 per unit (IPO closed June 12, 2024). Private Placement Warrants were also sold to the Sponsor. Founder Shares held by the Sponsor at nominal cost.
- Customers and end markets
- Public shareholders who purchased units in the June 2024 IPO. No commercial customers or end markets. The ultimate end market depends entirely on the undetermined acquisition target.
- Value-chain role
- Blank check acquisition vehicle. Holds $287,500,000 in Trust Account as of IPO closing (June 12, 2024) to fund an eventual business combination. No operating role in any industry value chain prior to a transaction.
- Geographic exposure
- Incorporated in the Cayman Islands. Listed in the United States. No operating geographic exposure prior to a business combination.
Source: SEC 10-K, filed 2026-03-12
Industry:
Blank Checks