Titan Acquisition executed a First Amendment to its Business Combination Agreement with OpenPayd on June 11, 2026. The amendment provides that the parties will use reasonable best efforts to redeem all outstanding purchaser warrants prior to or concurrent with the acquisition closing. The change is intended to streamline the post-closing capital structure and reduce potential dilution as the merger progresses.
Agreement details:
- Agreement type: First Amendment to Business Combination Agreement for proposed merger with OpenPayd
- Counterparty: OpenPayd
- Signed / Effective: Jun 11 2026 / same
- Duration / Termination: Until closing
- Reason: Streamline capital structure and reduce potential dilution
Original SEC Filing:
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