Centurion Acquisition Corp. Delays Shareholders Meeting and Extends Redemption Request Deadline

NEW YORK, June 5, 2026 — Centurion Acquisition Corp. (NASDAQ: ALF), a special purpose acquisition company (SPAC), announced that it has postponed its previously scheduled shareholders meeting and extended the deadline for redemption requests from public shareholders. The move is intended to provide the company with additional time to engage with investors and complete preparations related to matters that will be considered during the upcoming meeting.

Meeting Rescheduled for June 12, 2026

According to the company's announcement, the shareholders meeting that was originally scheduled to take place on an earlier date has been officially postponed and will now be held on Friday, June 12, 2026. The company stated that the postponement is designed to allow management and advisors additional time to communicate with shareholders and ensure that investors have adequate opportunity to review the proposals that will be presented for consideration.

Centurion emphasized that while the meeting date has changed, the overall purpose of the meeting remains unchanged. Shareholders will still be asked to vote on the same proposals that were previously outlined in the company's proxy materials.

Reason Behind the Postponement

The company explained that extending the timeline provides greater flexibility for discussions with shareholders and allows management to address investor questions regarding the proposed corporate actions. Similar postponements are common among SPAC companies when additional shareholder outreach is necessary before a vote takes place.

Management believes that the additional time will help ensure shareholders can make informed decisions regarding the matters under consideration and participate effectively in the voting process.

No Changes to Proposals or Voting Eligibility

Centurion Acquisition Corp. confirmed that the postponement does not affect the proposals that will be voted on during the meeting. The agenda remains unchanged, and shareholders who were eligible to vote based on the previously established record date will continue to retain their voting rights.

Investors who have already submitted proxy votes generally do not need to take any further action unless they wish to change their vote before the rescheduled meeting date. Shareholders who have not yet voted are encouraged to submit their votes as soon as possible.

Extension of Redemption Request Deadline

As a result of the meeting postponement, Centurion Acquisition Corp. has also extended the deadline for public shareholders to submit redemption requests. This extension provides investors with additional time to evaluate their options before deciding whether to redeem their shares.

Redemption rights are a standard feature of SPAC transactions and allow eligible shareholders to redeem their shares for cash held in the trust account if they choose not to participate in the company's future plans or proposed business combination.

The extended redemption deadline aligns with the new meeting schedule and is intended to ensure fairness and flexibility for all shareholders. Similar extensions have been implemented by other SPAC companies when shareholder meetings were postponed.

Impact on Existing Redemption Requests

Shareholders who have already submitted redemption requests may have the opportunity to withdraw or modify those requests before the new deadline, subject to the procedures established by the company and its transfer agent. Investors are encouraged to consult official company communications and contact their brokers or financial advisors for detailed guidance regarding redemption procedures.

What Shareholders Should Know

Key Updates Announced by Centurion Acquisition Corp.

• The shareholders meeting has been postponed to June 12, 2026.
• The purpose and agenda of the meeting remain unchanged.
• The shareholder record date remains the same.
• Previously submitted proxy votes generally remain valid.
• The redemption request deadline has been extended.
• Shareholders are encouraged to review company materials and vote if they have not already done so.

Understanding SPAC Redemption Rights

Special Purpose Acquisition Companies, commonly known as SPACs, provide investors with redemption rights that allow them to redeem shares before a proposed business combination is completed. This mechanism is designed to protect investors by giving them the option to recover a portion of their investment if they do not support the proposed transaction.

When a SPAC extends deadlines or postpones meetings, it often adjusts redemption timelines accordingly to ensure shareholders maintain sufficient time to make informed decisions.

Market Significance of the Announcement

The postponement of a shareholder meeting does not necessarily indicate changes to a company's strategic objectives. In many cases, such decisions are administrative measures aimed at maximizing shareholder participation and ensuring compliance with regulatory and procedural requirements.

For investors, the most significant aspect of the announcement may be the extension of the redemption deadline, which provides additional flexibility while management continues discussions with stakeholders.

Company Background

Centurion Acquisition Corp. is a special purpose acquisition company formed to pursue a merger, acquisition, share exchange, or other business combination with one or more operating businesses. SPACs raise capital through an initial public offering and subsequently seek suitable acquisition targets that can create long-term value for shareholders.

Looking Ahead

With the meeting now scheduled for June 12, 2026, shareholders will have additional time to review relevant materials, consider their voting positions, and determine whether to exercise redemption rights. The company is expected to continue engaging with investors in the days leading up to the meeting.

Market participants will be closely monitoring the outcome of the rescheduled meeting and any updates regarding Centurion Acquisition Corp.'s future business combination plans, strategic initiatives, and shareholder support levels.

Investors are encouraged to review official company filings, proxy materials, and public disclosures for the most accurate and up-to-date information regarding the rescheduled meeting and redemption procedures.

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