Centricus Acquisition Corp.
CENHW
NASDAQ1.01
USD
+0.02
- -
CIK
0001836935
Return %
Stock
S&P500
1Y
- -
18.02
3Y
- -
64.11
5Y
68.33
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Garth Ritchie
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Byron House London United Kingdom
- IPO Date
- Mar 29, 2021
- CIK
- 0001836935
- Website
- arqit.uk
- Similar Companies
- Business
- Centricus Acquisition Corp. (CENHW) operates as a special purpose acquisition company focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses, primarily targeting growth-oriented companies in Europe and North America. Incorporated in 2020 and headquartered in London, United Kingdom, the company completed a definitive business combination with Arqit Limited, a developer of quantum encryption technology, on September 3, 2021, resulting in the formation of Arqit Quantum Inc. (NASDAQ: ARQQ), which lists Arqit (ARQQ and ARQW) on NASDAQ while Centricus warrants continue trading under CENHW. Prior to the merger, Centricus raised $300 million in its upsized initial public offering in February 2021; the transaction provided up to $400 million in gross proceeds to Arqit, including $70 million from a fully committed PIPE with participation from strategic investors such as Virgin Orbit, Sumitomo Corporation, and sponsor Heritage Group. The combined entity now offers Arqit’s core SKA-Platform™, a quantum-safe symmetric key agreement encryption platform available as Platform-as-a-Service (SKA-PaaS™) or sovereign private instance (SKA-PI™), compliant with NSA standards and enabling lightweight software agents for secure key generation on networked devices, clouds, or data at rest against quantum threats; it supports limitless keys, zero-trust networks, and operates without disruptive hardware changes across global operations. Arqit Quantum Inc., the post-merger entity, holds a portfolio of granted patents, ISO 27001 certification, and recent recognitions including the 2023 Institution of Engineering and Technology award for innovation; no further major acquisitions, funding rounds, or strategic shifts for Centricus standalone activities have occurred since the 2021 merger.
Centricus Acquisition Corp. Welcomes Business Updates by Arqit Limited, a Leader in Quantum Encryption Technology