Titan Acquisition Corp. is a SPAC — a blank check company with no operations or revenue — formed solely to find and merge with a private company, thereby taking it public. Titan raised $276M in its April 2025 IPO by selling units at $10.00 each, with proceeds held in a trust account. Titan has 24 months from its IPO to complete an acquisition or return the trust funds to shareholders. The management team comes from financial services, capital markets, M&A, and private equity backgrounds, and Titan intends to focus on finance and tech-enabled services businesses, though it can technically pursue any target in any industry. Titan targets businesses with enterprise values of $160M to $2B. The economic model centers on sponsor economics: founders received shares at a nominal cost representing roughly 20% of post-IPO shares, which convert into potentially valuable equity only if a deal closes. Public shareholders can either hold through a deal or redeem shares for approximately $10.05 per share from the trust. Warrants included in each unit are exercisable at $11.50 per share, and only carry value if the post-deal stock trades above that level. If no deal is completed, the trust is returned to public shareholders and the sponsor's shares and warrants expire worthless, creating an incentive for management to complete a deal within the 24-month window.