Centurion Acquisition enters non-redemption deals covering 4,675,000 shares
On June 11, 2026, Centurion Acquisition Corp. and its sponsor entered agreements with shareholders covering 4,675,000 Class A ordinary shares, under which the investors agreed not to redeem those shares and to vote for the extension proposal at the extraordinary general meeting. In exchange, the sponsor agreed to transfer 1,558,333 Class A ordinary shares to the investors after the company's initial business combination, subject to conditions. The company says the agreements are meant to raise the likelihood that the extension is approved and to increase the funds remaining in the trust account.
Key points
- Investors agreed not to redeem 4,675,000 Class A ordinary shares and to vote in favor of the Extension Amendment Proposal.
- The proposal would extend the deadline for a business combination from June 12, 2026 to June 12, 2027.
- The sponsor agreed to transfer 1,558,333 Class A ordinary shares to the investors after the initial business combination, subject to conditions including shareholder approval of the extension.
- Each agreement ends early if shareholders do not approve the extension or if an investor exercises its redemption rights on the non-redeemed shares.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.