Centurion Acquisition Corp.’s (NASDAQ:ALFUU) Lock-Up Period Set To End on December 9th

Centurion Acquisition’s (NASDAQ:ALFUU) lock-up period is set to expire on Monday, December 9th. Centurion Acquisition had issued 25,000,000 shares in its IPO on June 11th. The total size of the offering was $250,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Centurion Acquisition Price Performance

ALFUU stock opened at $10.11 on Monday. The business has a 50-day moving average of $10.09. Centurion Acquisition has a 12 month low of $9.97 and a 12 month high of $11.10.

About Centurion Acquisition

We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.