Titan Acquisition Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $363.3M
- Price
- $10.53
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.09%
- Volume
- 29.9K
About
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.
Quick stats
Shares outstanding34.5M
Computed float21.6M
Float / shares62.6%
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002009183
Websitehttps://www.titan-spac.com/
AI Summary
AI-generated1/4
standardbullishoperations update
OpenPayd Strengthens Position in the U.S. Market Through the Acquisition of 43 State Licences
OpenPayd has brought 43 U.S. state Money Transmitter Licences under its umbrella through the integration of MSB USA Inc., finalizing its regulatory entry into the U.S. market ahead of a planned Nasdaq listing.
As of 31 July 2026, OpenPayd's annual recurring revenue exceeded $96 million and annualized transaction volume surpassed $300 billion; the company says it is profitable, has taken no external capital, and serves more than 1,200 clients including Kraken, eToro, OKX and B2C2.
For Titan Acquisition Corp (Nasdaq: TACH), the target's added regulatory footprint and disclosed momentum support the pending business combination announced in June 2026, which values OpenPayd at up to $1.145 billion on a pro-forma basis and is expected to close in Q4 2026, after which the combined company is expected to trade as 'OP'.
Red flags
- ARR is a management-defined, non-IFRS supplemental metric; a substantial portion is variable monthly revenue (fees, FX margin, interest on client balances) and is not reconciled to any IFRS measure
- Deal equity value is stated as 'up to' $1.145 billion pro-forma; closing remains subject to Titan shareholder approval and is exposed to public-shareholder redemption risk
- U.S. service availability varies by jurisdiction and remains subject to regulatory approvals, contractual arrangements and customer due diligence