Centurion Acquisition net income drops 68.62% to $956,047 in Q2 FY26
ALF•Quarterly net income declines
Centurion Acquisition posted net income of USD 956,047 for the quarter ended June 30, 2026, down from USD 3.05 million a year earlier.
Redemptions and cash position
Shareholders redeemed 23,802,843 Class A shares, pulling about USD 259.3 million from the trust; about USD 54 million remained as of June 16.
Cash outside the trust stood at USD 1,853 at June 30, 2026; the SPAC has until June 12, 2027 to close a deal.
Income and expenses in the quarter
Interest and dividend income totaled USD 2.4 million, partly offset by USD 256,860 in general and administrative costs.
Results also reflected USD 1.19 million of non-redemption agreement expense tied to the June 2026 extension vote.
