Business Context and Reporting Period
This Form 8-K Current Report was filed by Centurion Acquisition Corp. on July 29, 2024. The Company is a Cayman Islands corporation with its principal executive offices in New York, New York. It is designated as an emerging growth company. The filing primarily addresses a corporate action regarding the separation of its trading units.
Key Financial Metrics
The filing text does not provide specific financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses on a corporate event rather than financial performance results.
Material Changes
The material change reported is the commencement of separate trading for the Company's securities. Commencing on or about August 1, 2024, holders of the Company's Units may elect to separate them into:
- Class A Ordinary Shares (Symbol: ALF)
- Warrants (Symbol: ALFUW)
Each Unit consists of one Class A Ordinary Share and one-half of one redeemable Warrant. Units not separated will continue to trade under the symbol ALFUU. No fractional Warrants will be issued; only whole Warrants will trade.
Guidance, Outlook, and Risks
The filing does not contain management guidance, financial outlook, or specific risk factors beyond the procedural details of the unit separation. Holders wishing to separate their Units must instruct their brokers to contact the transfer agent, Continental Stock Transfer & Trust Company.
Investor Verification Checklist
- Verify the effective date for separate trading (on or about August 1, 2024).
- Confirm the correct trading symbols for the separated components: ALF (Shares) and ALFUW (Warrants).
- Understand that fractional warrants are not issued; only whole warrants will trade.
- Check with brokerage firms regarding the specific process to instruct the transfer agent for unit separation.