OpenPayd files amended F-4 for merger with Titan Acquisition Corp
Reuters2026/08/03 20:40- 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.
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