Centurion Acquisition Corp. Enters Non-Redemption Agreements for Extension Vote Support
Centurion Acquisition Corp. filed an 8-K on June 11, 2026, disclosing that it entered into Non-Redemption Agreements with certain shareholders to secure support for extending its business combination deadline. The company, a Cayman Islands-based SPAC, agreed with its sponsor (Centurion Sponsor LP) and investors to prevent the redemption of 4,675,000 Class A ordinary shares in exchange for the sponsor transferring 1,558,333 founder shares to investors after a successful business combination. This arrangement aims to increase the likelihood of shareholder approval for extending the business combination deadline from June 12, 2026 to June 12, 2027. The agreements are conditional on investors not redeeming their shares, voting in favor of the extension, and the extension being approved. The filing includes the complete Non-Redemption Agreement as Exhibit 10.1, detailing terms, representations, warranties, and conditions for the share transfer arrangement.