SCHEDULE: MMCAP International Discloses 3.27% Stake in Centurion

MMCAP International Inc. SPC and MM Asset Management Inc. jointly reported beneficial ownership of 3.27% of Centurion Acquisition Corp.'s Class A ordinary shares.

Summary

• MMCAP International Inc. SPC and MM Asset Management Inc. collectively hold 1,175,000 Class A ordinary shares of Centurion Acquisition Corp.
• This beneficial ownership represents 3.27% of the Class A ordinary shares outstanding.
• The reporting persons share both voting and dispositive power over all 1,175,000 shares.
• The filing is an Amendment No. 4 to a Schedule 13G, indicating a passive investment stance.
• The shares were not acquired or held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G) indicating a passive investment. It does not contain information that would significantly alter the perceived value or risk profile of the company, thus maintaining a neutral sentiment.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by institutional investors, common in the SPAC (Special Purpose Acquisition Company) sector, where investor stakes can fluctuate based on merger activities or redemptions. It reflects a passive investment position by MMCAP International and MM Asset Management in Centurion Acquisition Corp.

Stakeholder Impact

• Shareholders are informed of a significant passive institutional holder, providing transparency regarding the ownership structure.

Key Dates

Keywords

Centurion Acquisition Corp, MMCAP International, MM Asset Management, Schedule 13G, Beneficial Ownership, Class A ordinary shares, Passive Investment, SEC Filing