Home / Going-concern warnings / Centurion Acquisition Corp.

3/5Centurion Acquisition Corp. (ALF): Going-concern doubt

Filed 2025-11-13 路 Form 10-Q 路 Accession 0001213900-25-109989 small

Market data

Price before filing: $10.62 (2025-11-12 close, split/dividend-adjusted)
Market cap at flag: $305.3M (2025-11-13) 路 Latest: $259.7M (2026-10-16)

What happened next

WindowALFSPYvs SPY
30 days+0.1%-0.4%+0.5%2025-12-15
90 days+0.8%+1.6%-0.8%2026-02-11
180 days+2.1%+8.6%-6.6%2026-05-12

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"The Units continue to trade on The Nasdaq Global Market under the symbol "ALFU." 6 CENTURION ACQUISITION CORP. NOTES TO CONDENSED FINANCIAL STATEMENTS SEPTEMBER 30, 2025 (Unaudited) Liquidity and Capital Resources As of September 30, 2025, the Company had $ 226,905 in its operating bank account and working capital of $ 232,995 . In connection with the Company's assessment of going concern considerations in..."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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