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Centurion Acquisition Corp. Warrant - ALFUW STOCK NEWS

Welcome to our dedicated page for Centurion Acquisition Warrant news (Ticker: alfuw), a resource for investors and traders seeking the latest updates and insights on Centurion Acquisition Warrant stock.

Centurion Acquisition Corp. (ALFUW) is a blank check company focused on technology sector businesses, including video gaming, cybersecurity, AI, and SaaS. Recently, the company closed its IPO and private placement, raising significant funds for future mergers or acquisitions.

The company's sponsor, Centurion Sponsor LP, along with Cantor Fitzgerald & Co. and Odeon Capital Group LLC, played key roles in the offerings. The initial public offering of 28,750,000 units and private placement of 7,000,000 warrants were successful, highlighting investor confidence in Centurion Acquisition Corp.'s vision and potential.

Rhea-AI Summary

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.

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Rhea-AI Summary

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.

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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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FAQ

What is the current stock price of Centurion Acquisition Warrant (alfuw)?

The current stock price of Centurion Acquisition Warrant (alfuw) is $0.12 as of September 6, 2024.

What is Centurion Acquisition Corp. (ALFUW)?

Centurion Acquisition Corp. is a blank check company targeting technology sector businesses, including video gaming, AI, cybersecurity, and SaaS, for mergers or acquisitions.

What recent financial activities has Centurion Acquisition Corp. (ALFUW) undertaken?

The company recently closed its initial public offering of 28,750,000 units and a private placement of 7,000,000 warrants, raising significant funds for future transactions.

Who were the key players in Centurion Acquisition Corp.'s recent offerings?

Centurion Sponsor LP, Cantor Fitzgerald & Co., and Odeon Capital Group LLC were instrumental in the success of the IPO and private placement, showcasing investor confidence in the company's strategies.

What sectors does Centurion Acquisition Corp. (ALFUW) focus on for potential mergers or acquisitions?

The company focuses on the technology sector, with a particular interest in video gaming, AI, cybersecurity, and SaaS, among other deep tech technologies.

What is the trading symbol for Centurion Acquisition Corp. (ALFUW) on Nasdaq?

After the IPO, the Class A ordinary shares and warrants of Centurion Acquisition Corp. are expected to be listed on Nasdaq under the symbols 'ALF' and 'ALFUW', respectively.

Centurion Acquisition Corp. Warrant

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United States of America
NEW YORK