Centurion Acquisition Corp. (ALFUW) Warrant
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.
ALFU vs strike, last 12 months
No share-price history for ALFU yet.
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
- $11.69
From the issuer's 424B4 (2024-06-11).
Company and stock
- Company
- Centurion Acquisition Corp.
- Underlying stock
- ALFU
- Share price
- —
- Market cap
- —
- Shares outstanding
- 12.13M
- Value of all listed warrants
- $2.73M
Market cap is the last share price times shares outstanding (as of 2026-08-14). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.1900
- Price / model
Get Pro to see whether ALFUW is cheap or rich against our model.
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.