Centurion Acquisition registered to offer 25 million units at $10 each. A unit consists of one Class A share and one-half of a warrant. The sponsor inteds to purchase 7 million warrants at $1 each.
The new SPAC plans to target the technology sector, with a focus on video gaming, interactive entertainment and enabling services and technologies, cybersecurity, artificial intelligence, machine learning, Software as a Service (“SaaS”) and deep tech technologies.
CEO and Director Mark Gerhard was the CEO and a director of Ascendant Digital Acquisition III from January 2021 until its dissolution in February 2023. Gerhard served as CEO and a director of Ascendant Digital Acquisition from March 2020 until its business combination with MarketWise in July 2021. He currently serves as chairman of Pulsiv Ltd, a deep technology company disrupting power electronics, a director of Build a Rocket Boy, an innovative video game and technology developer and publisher, and CEO and CTO of JustWontDie Ltd, a video game developer and publisher.
Centurion intends to apply for a Nasdaq listing under the symbol ALFUU.
Cantor is sole book-running mamager of the offering and Odeon Capital is co-manager. Read more.
