Titan Acquisition Corp.
TACH
NASDAQ Global Select10.42
USD
-0.02
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Titan Acquisition Corp.
TACH
(NASDAQ Global Select)
Recent
price
10.42
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Titan Acquisition Corp. (Nasdaq: TACH) is a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company targets opportunities primarily in the finance and tech-enabled services sectors; it holds funds in a trust account pending identification of a suitable target, with net tangible assets required to exceed $5 million prior to consummation of any initial business combination. Founded in 2024 and headquartered at 131 Concord Street in Brooklyn, New York, Titan Acquisition Corp. operates globally through its management team's networks without current substantive operations beyond seeking a business combination. In April 2025, the company completed its initial public offering of 27.6 million units at $10 each, raising gross proceeds of $276 million including the full exercise of the underwriters' over-allotment option; Cantor Fitzgerald & Co. served as sole book-running manager with Odeon Capital Group as co-manager. Units began trading on Nasdaq under TACHU on April 9, 2025, with Class A ordinary shares and redeemable warrants separating for independent trading under TACH and TACHW symbols commencing June 2, 2025; each unit comprises one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per whole warrant. As of September 30, 2025, trust account balances stood at $282.9 million with 27.6 million Class A shares outstanding, and the company has not yet announced a merger target or further strategic transactions. Leadership includes Chairman and CEO Frank Mastrangelo, a fintech veteran and current CEO of PayAmigo who previously served in executive roles at The Bancorp and as advisor to multiple SPACs; President, CFO and Director Adeel Rouf, with extensive SPAC and investment banking experience from Cohen & Company, Sumitomo Mitsui and J.P. Morgan; and directors Walter Beach, Pawneet Abramowski and Leslie Goldman Tepper, each bringing backgrounds in finance, compliance and venture capital.
OpenPayd Announces Filing of Registration Statement on Form F-4 in Connection with its Proposed Business Combination with Titan Acquisition Corp. (Nasdaq: TACH).