Appleby are pleased to have acted as Cayman Islands counsel for Titan Acquisition Corp (NASDAQ: TACHU) (the Company), alongside Winston & Strawn LLP, in its initial public offering (IPO) of 24,000,000 units at $10.00 per unit, whereby the underwriter has been granted a 45-day option to purchase up to an additional 3,600,000 units offered by the Company to cover over-allotments, if any. The units are listed on The Nasdaq Global Market (Nasdaq) and commenced trading under the ticker symbol "TACHU" on April 9, 2025.
Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "TACH" and "TACHW", respectively.
The Appleby corporate team included Partner Simon Raftopoulos and Counsel Alexandra Low.