---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-005923"
form_type: "8-K"
ticker: "TACH"
cik: "0002009183"
company_name: "Titan Acquisition Corp."
filed_at: "2026-06-01T21:15:47+00:00"
generated_at: "2026-06-01T21:19:32.131608+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Titan Acquisition Corp enters $800M deal to combine with OpenPayd

## Summary
- OpenPayd shareholders to receive PubCo shares valued at $800M less advisor fee; $130M minimum proceeds condition.
- Existing Titan public shareholders may elect redemption; Sponsor 50% of shares subject to earnout vesting at $11.50/$13.00.
- Transactions require Titan shareholder approval, Nasdaq listing of PubCo securities, and regulatory clearances.
- Closing expected by Dec 31, 2026; PIPE investments and warrant redemption planned concurrently.

## SEC filing metadata
- accession: 0001829126-26-005923
- form_type: 8-K
- ticker: TACH
- cik: 0002009183
- company_name: Titan Acquisition Corp.
- filed_at: 2026-06-01T21:15:47+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2009183/000182912626005923/0001829126-26-005923-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2009183/000182912626005923/titanacq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-005923
- JSON: https://secwatch.observer/filing/0001829126-26-005923.json
- Plain text: https://secwatch.observer/filing/0001829126-26-005923.txt

## Source-grounded claims
- claim_id: 44c2bca002c11e38ef69a1df24e4c24d23cd9e75
  claim: Titan Acquisition Corp. entered into Business Combination Agreement with OpenPayd Global Holdings Limited, Titan Acquisition Sponsor Holdco LLC, OpenPayd Holdings Limited, Ozan Özerk, and the shareholders of the Company (effective 2026-06-01).
  evidence_excerpt: On June 1, 2026, Titan Acquisition Corp, a Cayman Islands exempted company (“Titan”), entered into a Business Combination Agreement (the “Business Combination Agreement”), by and among OpenPayd Global Holdings Limited, a Cayman Islands exempted company (“PubCo”), Titan Acquisition Sponsor Holdco LLC, a Delaware limited liability company (the “Sponsor”), solely in its capacity as the Purchaser Representative, OpenPayd Holdings Limited, a company limited by shares incorporated in England and Wales (“Company”), Ozan Özerk, solely in his capacity as the Company Shareholders Representative, and the shareholders of the Company party thereto (collectively, the “Parties”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2009183/000182912626005923/0001829126-26-005923-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.