Centurion Acquisition Corp.

Previous wording

For the three months ended March 31, 2025, we had a net income of $2,900,293, which consists of interest income on marketable securities held in the Trust Account of $3,050,159 partially offset by formation and operating costs of $149,866.

Current wording

For the three months ended June 30, 2025, we had a net income of $3,046,155, which consists of dividends and interest income on marketable securities and cash held in the Trust Account of $3,181,701 partially offset by formation and operating costs of $135,546.

Previous wording

For the period from January 18, 2024 (inception) through March 31, 2024, we had a net loss of $47,487, which consists of formation and operating costs.

Current wording

For the period from January 18, 2024 (inception) through June 30, 2024, we had a net income of $564,698, which consists of dividends and interest income on marketable securities and cash held in the Trust Account of $692,497 partially offset by formation and operating costs of $127,799.

Previous wording

Following the Initial Public Offering, the full exercise of the over-allotment option, and the sale of the Private Placement Warrants, a total of $287,500,000 was placed in the Trust Account. We incurred $19,500,452 in Initial Public Offering related costs, including $5,000,000 of cash underwriting fees, $13,687,500 of deferred underwriting fees, and $831,654 of other costs.

Current wording

Following the Initial Public Offering, the full exercise of the over-allotment option, and the sale of the Private Placement Warrants, a total of $287,500,000 was placed in the Trust Account. We incurred $19,519,154 in Initial Public Offering related costs, including $5,000,000 of cash underwriting fees, $13,687,500 of deferred underwriting fees, and $831,654 of other costs.

Previous wording

For the three months ended March 31, 2025, cash used in operating activities was $173,170. Net income of $2,900,293 was affected by interest earned on marketable securities held in the Trust Account of $3,049,996. Changes in operating assets and liabilities used $23,467 of cash for operating activities.

Current wording

For the six months ended June 30, 2025, cash used in operating activities was $242,262. Net income of $5,946,448 was affected by dividends and interest earned on marketable securities and cash held in the Trust Account of $6,231,577. Changes in operating assets and liabilities provided $42,867 of cash for operating activities.

Previous wording

For the period from January 18, 2024 (inception) through March 31, 2024, cash used in operating activities was $0. Net loss of $47,487 was affected by payments of formation costs through a promissory note of $8,667 and payments of operation costs through a promissory note of $15,420. Changes in operating assets and liabilities provided $23,400 of cash for operating activities.

Current wording

For the period from January 18, 2024 (inception) through June 30, 2024, cash used in operating activities was $15,080. Net income of $564,698 was affected by payment of formation costs through promissory note of $8,667, payment of operation costs through promissory note of $327,200 and interest earned on marketable securities held in the Trust Account of $692,497. Changes in operating assets and liabilities used $223,148 of cash for operating activities.

Previous wording

As of March 31, 2025, we had cash and marketable securities held in the Trust Account of $298,855,958 consisting of U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury obligations. We may withdraw interest from the Trust Account to pay taxes, if any. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable, if any), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.** **

Current wording

As of June 30, 2025, we had marketable securities held in the Trust Account of $302,037,539 consisting of U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury obligations. We may withdraw dividends and interest from the Trust Account to pay taxes, if any. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable, if any), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.** **

Previous wording

As of March 31, 2025, we had cash of $492,260. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.

Current wording

As of June 30, 2025, we had cash of $423,168. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.