Welcome to our dedicated page for Centurion Acquisition Unit news (Ticker: ALFUU), a resource for investors and traders seeking the latest updates and insights on Centurion Acquisition Unit stock.
Centurion Acquisition Corp. (Symbol: ALFUU) is a newly established blank check company, with its primary aim to identify and merge with businesses in the technology sector. Notably, the company zeroes in on industries such as video gaming, interactive entertainment, cybersecurity, artificial intelligence (AI), machine learning, Software as a Service (SaaS), and deep tech technologies.
On June 10, 2024, Centurion Acquisition Corp. announced the pricing of its initial public offering (IPO) of 25,000,000 units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. These units commenced trading on the Nasdaq Global Market under the ticker 'ALFUU' beginning June 11, 2024. Once separated, the Class A shares and warrants will trade under 'ALF' and 'ALFUW' respectively.
The IPO is managed by Cantor Fitzgerald & Co., as the sole book-running manager, and Odeon Capital Group, LLC, as the co-manager. Furthermore, the underwriters have a 45-day option to purchase an additional 3,750,000 units to cover over-allotments.
Centurion Acquisition Corp. is leveraging its expertise and strategic focus to target and merge with innovative companies within its preferred sectors. Their goal is to harness advancements in technology to create value and drive growth. The company's experienced leadership is keen on exploring opportunities that deliver significant returns to its shareholders.
As a newly listed entity on Nasdaq, Centurion Acquisition Corp. is poised to make impactful investments and play a crucial role in the technological advancement landscape. Investors and stakeholders are advised to keep an eye on the company's developments and strategic movements as it navigates through the technology-driven market.
Centurion Acquisition Corp. (Nasdaq: ALFUU) has announced that holders of units from its initial public offering can now separately trade Class A ordinary shares and warrants starting August 1, 2024. The company's IPO, completed on June 12, 2024, included 28,750,000 units, with an additional 3,750,000 units issued due to the underwriters' overallotment option.
Unseparated units will continue trading on Nasdaq under 'ALFUU', while separated Class A shares and warrants will trade under 'ALF' and 'ALFUW' respectively. Only whole warrants will be tradeable, and unit holders must contact Continental Stock Transfer & Trust Company to separate their units.
The securities registration statement became effective on June 10, 2024. This announcement does not constitute an offer to sell or solicit an offer to buy these securities.
Centurion Acquisition Corp. (Nasdaq: ALF), a blank check company, announced the closing of its $287.5 million initial public offering (IPO) which included the full exercise of the underwriters' over-allotment option. The offering consisted of 28,750,000 units at $10.00 per unit, with each unit including one Class A ordinary share and half a redeemable warrant. Concurrently, the company closed a private placement of 7,000,000 warrants at $1.00 per warrant, raising $7,000,000. The proceeds from the IPO and private placement, totaling $287.5 million, were placed in trust. The company aims to focus on technology sectors such as video gaming, interactive entertainment, cybersecurity, and artificial intelligence.
Centurion Acquisition Corp. has announced the pricing of its $250 million initial public offering (IPO) with 25 million units priced at $10.00 per unit. Trading commences on the Nasdaq Global Market under the ticker symbol 'ALFUU' starting June 11, 2024. Each unit includes one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for one Class A share at $11.50. Separate trading of the shares and warrants will begin under ‘ALF’ and ‘ALFUW’. The offering closes June 12, 2024. The company, a blank check entity, aims to target technology sectors including video gaming, cybersecurity, AI, and SaaS. Cantor Fitzgerald & Co. will manage the offering, with Odeon Capital Group as co-manager.
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