Overview
Description
Titan Acquisition Corp. Unit is a financial instrument representing a bundled security issued by a special purpose acquisition company (SPAC) incorporated in the Cayman Islands. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant granting the right to purchase an additional Class A ordinary share at a specified price. The primary objective of Titan Acquisition Corp. is to identify and complete a merger, share exchange, asset acquisition, or similar business combination with one or more businesses, providing an alternative route for private companies to become publicly listed. SPACs like Titan Acquisition play a significant role in capital markets by raising funds through initial public offerings, then seeking suitable acquisition targets within a set timeframe. The structure of the unit, combining equity with a warrant, offers initial investors a blend of immediate ownership and potential future upside once a target company is identified and a deal is consummated. Established in 2024 and headquartered in Brooklyn, New York, Titan Acquisition Corp. exemplifies the growing trend of SPACs facilitating business combinations and expanding opportunities within the public equity markets.
About
CEO
Mr. Frank M. Mastrangelo
Employees
0
Address
Adeel Rouf
131 Concord Street
Brooklyn, 11201, NY
United States
131 Concord Street
Brooklyn, 11201, NY
United States
Phone
347 720 2907
Website
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Instrument type
Common stock
Sector
Financial Services
Industry
Shell Companies
Country
United States
MIC code
XNMS