Centurion Acquisition Corp. (ALFUW) Warrant

NASDAQPre-merger SPAC warrantstrike $11.501 share per warrantupdated 2026-10-05

Each ALFUW warrant gives the holder the right to buy 1 share of Centurion Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. Centurion Acquisition Corp. is a SPAC (no deal announced yet). It must complete a deal by June 12, 2027 or the warrants expire worthless. There are 14.38M listed warrants; exercising all of them would add 118.5% to the 12.13M shares outstanding.

Warrant price
$0.2756
last close
Shares outstanding
12.13M
as of 2026-08-14
Deadline to close a deal
254 days
2027-06-12
Dilution if exercised
118.5%
14.38M warrants

Key terms

Strike per share
$11.50
Shares per warrant
1
Cash to exercise one warrant
$11.50
Expiry
merger + 5 years
Redemption trigger
$18.00
Cashless exercise
allowed
Break-even stock price
$11.78

From the issuer's 424B4 (2024-06-11).

Company and stock

Company
Centurion Acquisition Corp.
Underlying stock
ALFU
Shares outstanding
12.13M
Value of all listed warrants
$3.96M
Industry
Blank check company (SPAC)
Head office
New York, NY
Incorporated in
Cayman Islands

Shares outstanding as of 2026-08-14. Industry and head office are as the company reports them to the SEC. All SEC filings for this company.

Model value vs price Pro

Model value
Last price
$0.2756
Price / model

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Dilution

Shares outstanding
12.13M
Listed warrants
14.38M
Dilution if all exercised
118.5%

Warrant count from filing notes, read by hand (high): Public Warrants (one-half warrant per Unit).

SPAC deal

Status
no deal announced yet
Target
—
Deal announced
—
Deadline
2027-06-12
Latest possible deadline
—
Trust per share
$10.91
Sponsor
Centurion Sponsor LP
Sponsor's earlier SPACs
2 (1 closed a deal)
Chance of a deal

A SPAC warrant is worth nothing if no deal closes by the deadline.

Filings and events

Questions about ALFUW

When does the ALFUW warrant expire?

Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.

What is the strike price of ALFUW?

$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.

How many ALFUW warrants are outstanding?

14.38M listed warrants, equal to 118.5% dilution if all are exercised.

Related warrants

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