OpenPayd files amended F-4 for merger with Titan Acquisition Corp
Reuters2026/08/03 20:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- OpenPayd filed an amended Form F-4 registration statement for its planned merger with Titan Acquisition Corp., a step toward closing in Q4 2026.
- The deal would take OpenPayd public on Nasdaq under ticker “OP,” with implied pro forma equity value expected to exceed USD 1 billion.
- OpenPayd shareholders are set to receive consideration based on a USD 800 million valuation, net of a share-based adviser fee.
- Gross proceeds could reach about USD 276 million from Titan’s trust account, assuming no redemptions, before transaction expenses.
- Closing conditions include Titan shareholder approval, Nasdaq listing approval, regulatory clearances, and a minimum USD 130 million proceeds threshold.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Titan Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031630PRIMZONEFULLFEED9802754) on August 03, 2026, and is solely responsible for the information contained therein.
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