Centurion Acquisition Corp

For the period ended Jun 30, 2024. Filed Aug 13, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 13, 2024

ALF$10.95+0.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Balance Sheet as of June 30, 2024 (Unaudited)

CONDENSED BALANCE SHEET

JUNE 30, 2024

Assets
Current assets
Cash	$815,599
Prepaid expenses	144,155
Total current assets	959,754
Long-term prepaid insurance	112,243
Cash and marketable securities held in Trust Account	288,192,497
TOTAL ASSETS	$289,264,494
Liabilities and Shareholders’ Deficit:
Current Liabilities
Accounts payable and accrued expenses	1,450
Due to Sponsor	5,000
Total current liabilities	6,450
Deferred underwriting fee payable	13,687,500
TOTAL LIABILITIES	13,693,950
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of $10.02 per share	288,192,497
Shareholders’ Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding	—
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; none issued or outstanding (excluding 28,750,000 shares subject to possible redemption)	—
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 7,187,500 shares issued and outstanding	719
Additional paid-in capital	—
Accumulated deficit	(12,622,672)
Total Shareholders’ Deficit	(12,621,953)
Total Liabilities and Shareholders’ Deficit	$289,264,494

CONDENSED STATEMENTS OF OPERATIONS

	For the Three Months Ended June 30,	For the Period from January 18, 2024 (Inception) through June 30,
	2024	2024
Operating and formation costs	$80,312	$127,799
Loss from operations	(80,312)	(127,799)
Other income (expense):
Interest earned on marketable securities held in Trust Account	703,839	703,839
Unrealized loss on marketable securities held in Trust Account	(11,342)	(11,342)
Other income, net	692,497	692,497
Net income	$612,185	$564,698
Weighted average shares outstanding, Class A ordinary shares subject to possible redemption	6,002,747	3,001,374
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption	$0.05	$0.06
Weighted average shares outstanding, Class B non-redeemable ordinary shares	6,445,742	6,347,871
Basic and diluted net income per share, Class B non-redeemable ordinary shares	$0.05	$0.06

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT

FOR THE THREE MONTHS ENDED JUNE 30, 2024 AND

FOR THE PERIOD FROM JANUARY 18, 2024 (INCEPTION) THROUGH JUNE 30, 2024

Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Accumulated · Total Shareholders’
	Shares	Amount	Shares	Amount	Capital	Deficit	Deficit
Balance — January 18, 2024	—	$—	—	$—	$—	$—	$—
Issuance of Class B ordinary shares to Sponsor	—	—	7,187,500	719	24,281	—	25,000
Net loss	—	—	—	—	—	(47,487)	(47,487)
Balance – March 31, 2024	—	$—	7,187,500	$719	$24,281	$(47,487)	$(22,487)
Sale of 7,000,000 Private Placement Warrants	—	—	—	—	7,000,000	—	7,000,000
Fair Value of Public Warrants at issuance	—	—	—	—	1,150,000	—	1,150,000
Allocated value of transaction costs to Class A shares	—	—	—	—	(97,765)	—	(97,765)
Accretion for Class A ordinary shares subject to redemption amount	—	—	—	—	(8,076,516)	(13,187,370)	(21,263,886)
Net income	—	—	—	—	—	612,185	612,185
Balance – June 30, 2024	—	$—	7,187,500	$719	$—	$(12,622,672)	$(12,621,953)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.