Titan Acquisition Corp Announces Closing of $276,000,000 Initial Public Offering

Winston & Strawn LLP represented Titan Acquisition Corp., a blank check company, in connection with the closing of its $276,000,000 initial public offering. The offering consisted of 27,600,000 units, priced at $10.00 per unit, generating gross proceeds of $276,000,000 before deducting underwriting discounts and estimated offering expenses.  

 

Each unit comprises one ordinary share and one right to receive one-half (1/2) of a redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the company at an exercise price of $11.50 per share.