SCHEDULE: Polar Asset Management Discloses 3.2% Stake in Centurion
Beneficial Ownership Report
Polar Asset Management Partners Inc. has filed an amended Schedule 13G, disclosing a 3.2% beneficial ownership stake in Centurion Acquisition Corp.
Summary
- Polar Asset Management Partners Inc., an Ontario, Canada-based investment adviser, reported beneficial ownership of 925,000 Class A ordinary shares of Centurion Acquisition Corp.
- This represents 3.2% of the issuer's Class A ordinary shares.
- Polar Asset Management Partners Inc. holds sole voting and sole dispositive power over all 925,000 shares.
- The shares are held by Polar Multi-Strategy Master Fund, for which Polar Asset Management Partners Inc. serves as investment advisor.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This filing is a standard disclosure of beneficial ownership by an investment adviser, common in the financial industry for transparency regarding significant holdings in publicly traded companies, particularly SPACs like Centurion Acquisition Corp.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | NA | NA | NA |
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake in the company.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement |
| 08/14/2025 | Date of filing |
Keywords
Centurion Acquisition Corp, Polar Asset Management Partners, Schedule 13G, Beneficial Ownership, Class A ordinary shares, Investment Adviser, SEC Filing, G20315100
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