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TACH does not currently pay a dividend.
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Titan Acquisition Corp. functions as a special purpose acquisition company (SPAC), specifically created to undertake a business combination. Its core objective is to execute a strategic transaction, which may include a merger, share exchange, asset purchase, equity acquisition, or corporate reorganization, with one or more target entities. The firm was established on January 11, 2024, and its main operational base is located in Brooklyn, New York.
Filed by OpenPayd Global Holdings Limited Pursuant to Rule 425 under the Securities Act of 1933, as amended and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934, as amended Subject Company: Titan Acquisition Corp Commission File No.: 001-42590
Transaction expected to result in OpenPayd becoming a Nasdaq-listed public company under the ticker symbol “OP”. Combined company expected to have an implied pro forma equity value exceeding $1 billion, with up to approximately $276 million in gross proceeds available from Titan's trust account, assuming no redemptions by Titan public shareholders.