Centurion Acquisition Corp. (ALF) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: November 13, 2025

Risk Assessment Details

Potential Dilution: 111.3% of current shares
Recent Dilution: 300.0% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
29M
Potential Supply
32M
Additional shares possible
Splits
None
Past 2 years

Summary

ALF currently has 28.8M outstanding shares. with significant dilution risk as 32M authorized shares could dilute existing holders by 111.3%. The company has significantly diluted shareholders by 300.0% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 13, 2025

10-Q filing | 28.8M shares outstanding

29M 32M
Aug 08, 2025

10-Q filing | 28.8M shares outstanding

29M 32M
May 14, 2025

10-Q filing | 28.8M shares outstanding

29M 32M
Mar 24, 2025

10-K filing | 28.8M shares outstanding

29M 32M
Nov 12, 2024

10-Q filing | 28.8M shares outstanding

29M 32M
Aug 13, 2024

10-Q filing | 28.8M shares outstanding

29M 32M
Jun 18, 2024

8-K filing: Centurion Acquisition Corp. consummated its initial public offering of 28,750,000 units at $10.00 per unit, generating gross proceeds of $287,500,000, and completed a private sale of 7,000,000 warrants at $1.00 per warrant, generating gross proceeds of $7,000,000. ($294.5M proceeds)

7.2M 32M
Jun 13, 2024

8-K filing: Centurion Acquisition Corp. consummated its initial public offering of 28,750,000 units at $10.00 per unit, generating gross proceeds of $287,500,000 and completed the private sale of 7,000,000 warrants at $1.00 per warrant, generating gross proceeds of $7,000,000. ($294.5M proceeds)

7.2M 32M
May 22, 2024

S-1 filing: Centurion Acquisition Corp. is offering 25,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant; additionally, the sponsor and underwriters have committed to purchase 7,000,000 private placement warrants at $1.00 per warrant.

7.2M 32M
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