Titan Acquisition Corp.

Titan Acquisition Corp. (TACH) is a blank-check company (SPAC) that raised $240M in its initial public offering on Apr 10, 2025, listing on Nasdaq. It agreed to combine with OpenPayd Holdings Limited, announced on Jun 1, 2026, at a stated value of $1.1B. The deal has not closed yet. Winston & Strawn advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.

OpenPayd Holdings Limited is a London-based payments infrastructure company whose single API lets businesses move and manage money across fiat and digital assets. It offers embedded accounts, FX, domestic and international payments, Open Banking and stablecoin on/off ramps, and serves over 1,100 businesses.

Status

Deal announced

Ticker

TACH

IPO date

Apr 10, 2025

IPO size

$240M

IPO exchange

Nasdaq

Target

OpenPayd Holdings Limited

Target sector

Fintech

Announced

Jun 1, 2026

Stated deal value

$1.1B

Combined company

OpenPayd Global Holdings Limited (OP)

SPAC counsel (IPO)

Winston & Strawn and Appleby

Underwriters' counsel (IPO)

Ellenoff Grossman & Schole