SCHEDULE 13G: Harraden Circle Entities Disclose 7.89% Stake in Centurion Acquisition Corp.

Sentiment:

Beneficial Ownership Report


A group of investment entities and an individual associated with Harraden Circle have disclosed a collective beneficial ownership of 7.89% of Centurion Acquisition Corp.'s Class A Common Stock.

Summary

  • Harraden Circle Investments, LLC, along with related entities Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, and Frederick V. Fortmiller, Jr., have filed a Schedule 13G.
  • The filing indicates beneficial ownership of 2,267,794 shares of Centurion Acquisition Corp.'s Class A Common Stock.
  • This aggregate amount represents 7.89% of the Class A Common Stock outstanding.
  • All reported shares are held with shared voting and shared dispositive power among the reporting persons.
  • Frederick V. Fortmiller, Jr. is the managing member of Harraden Circle LLC and Harraden Circle Investments, LLC, and is deemed to indirectly beneficially own the shares.
  • The shares were not acquired and are not held for the purpose of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as a significant stake disclosure by an investment group can be seen as a vote of confidence, although the filing itself is purely informational and indicates a passive investment intent.

Positives

  • The disclosure of a significant stake by a group of investment entities may signal confidence in Centurion Acquisition Corp. from these investors.

Negatives

  • The document does not contain information that would typically be categorized as negative, as it is a beneficial ownership report.

Risks

  • The document itself does not detail specific risks related to Centurion Acquisition Corp.'s operations or financial health, as it is a beneficial ownership filing.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of significant ownership in a publicly traded company, common among investment funds and individuals holding substantial stakes. It does not provide broader industry trends or competitive analysis.

Related Party Transactions

  • The filing details the relationship between the various Harraden Circle entities (Harraden Adviser, Harraden GP, Harraden LLC, Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund) and Frederick V. Fortmiller, Jr., clarifying how their shared beneficial ownership is structured through general partnership and investment management roles.

Stakeholder Impact

  • Shareholders: The disclosure provides transparency regarding a significant ownership stake, which can influence investor perception and potentially market liquidity.
  • Company Management: Awareness of a large, passive institutional holder may influence strategic considerations, though the filing explicitly states no intent to change or influence control.

Key Dates

DateDescription
05/12/2025Date of event which requires filing of this statement
05/16/2025Date of filing of this statement

Keywords

Centurion Acquisition Corp., Harraden Circle Investments, Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Investment Management, Frederick V. Fortmiller Jr.

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