# Titan Acquisition Corp. (TACHW) — merger/spac_merger [completed]
Source: SEC API (secapi.ai) · situation sit_5452c16d330389498de4 · retrieved 2026-08-11T16:14:36.102Z

## Overview
OpenPayd Holdings Limited operates a global rail-agnostic banking-as-a-service and payments platform providing fiat and crypto interoperability, enabling businesses to hold, issue and manage multi-currency accounts, process international payments, execute currency conversions, and access blockchains via a single API-driven infrastructure.

On June 1, 2026, Titan Acquisition Corp (a Cayman Islands SPAC) entered into a Business Combination Agreement with OpenPayd Global Holdings Limited (PubCo), OpenPayd Holdings Limited (the Company), and the Company shareholders. Under the agreement, Titan will merge with and into PubCo, with PubCo as the surviving company. Simultaneously, PubCo will acquire all issued and outstanding Company shares in exchange for issuing PubCo ordinary shares to the Company shareholders with an aggregate value of $800,000,000 (less the Company Advisor Transaction Fee Amount), based on the redemption price payable for Titan Class A ordinary shares. Each Titan security will be converted into a substantially equivalent PubCo security. The transaction is subject to customary closing conditions, including Titan shareholder approval by special resolution (two-thirds affirmative vote), Nasdaq listing approval, and a minimum of $130,000,000 in aggregate transaction proceeds.

## Terms
- Counterparty: OpenPayd Global Holdings Limited (PubCo) and OpenPayd Holdings Limited (Company) · Deal value: $800.0M · Consideration: stock

## Key dates
- Expiry 2026-12-31 · Completed 2026-06-01

## Timeline
- 2026-06-01 · 425 (0001829126-26-005925): 425 - Titan Acquisition Corp. — *OpenPayd Holdings Limited operates a global rail-agnostic banking-as-a-service and payments platform providing fiat and crypto interoperability, enabling businesses to hold, issue and manage multi-currency accounts, process international payments, execute currency conversions, and access blockchains via a single API-driven infrastructure.* On June 1, 2026, Titan Acquisition Corp (a Cayman Islands SPAC) entered into a Business Combination Agreement with OpenPayd Global Holdings Limited (PubCo), OpenPayd Holdings Limited (the Company), and the Company shareholders. Under the agreement, Titan will merge with and into PubCo, with PubCo as the surviving company. Simultaneously, PubCo will acquire all issued and outstanding Company shares in exchange for issuing PubCo ordinary shares to the Company shareholders with an aggregate value of $800,000,000 (less the Company Advisor Transaction Fee Amount), based on the redemption price payable for Titan Class A ordinary shares. Each Titan security will be converted into a substantially equivalent PubCo security. The transaction is subject to customary closing conditions, including Titan shareholder approval by special resolution (two-thirds affirmative vote), Nasdaq listing approval, and a minimum of $130,000,000 in aggregate transaction proceeds.
  https://www.sec.gov/Archives/edgar/data/2009183/0001829126-26-005925.txt

## Citations
- 0001829126-26-005925 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000182912626005925