Titan Acquisition Corp. (TACHW) Warrant
Each TACHW warrant gives the holder the right to buy 1 share of Titan Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.54, below the strike, so the warrant is out of the money. Titan Acquisition Corp. has a market value of about $363.63M. Titan Acquisition Corp. is a SPAC (deal signed with OpenPayd Holdings Limited). It must complete a deal by April 10, 2027 or the warrants expire worthless. There are 13.80M listed warrants; exercising all of them would add 40.0% to the 34.50M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.05
From the issuer's S-1/A (2025-04-03).
Company and stock
- Company
- Titan Acquisition Corp.
- Underlying stock
- TACH
- Share price
- $10.54
- Market cap
- $363.63M
- Shares outstanding
- 34.50M
- 12-month range
- $10.12 – $10.54
- 12-month change
- +4%
- Value of all listed warrants
- $7.65M (2.1% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Houston, TX
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.5544
- Price / model
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Dilution
- Shares outstanding
- 34.50M
- Listed warrants
- 13.80M
- Dilution if all exercised
- 40.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- deal signed
- Target
- OpenPayd Holdings Limited
- Deal announced
- 2026-06-01
- Deadline
- 2027-04-10
- Latest possible deadline
- 2027-04-10
- Trust per share
- $10.53
- Sponsor
- Titan Acquisition Sponsor Holdco LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about TACHW
When does the TACHW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of TACHW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many TACHW warrants are outstanding?
13.80M listed warrants, equal to 40.0% dilution if all are exercised.
Related warrants
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