{"url_path":"/sec/tach/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2009183/0001829126-26-005243-index.html","accession_number":"0001829126-26-005243","cik":"0002009183","ticker":"TACH","issuer_name":"Titan Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2009183/0001829126-26-005243-index.html","primary_entity_key":"0002009183","primary_entity_name":"Titan Acquisition Corp."},"word_count":320,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.**\n\n \n\nOn April 10, 2025, we consummated the Initial Public Offering\nof 27,600,000 Units, including the full exercise by the underwriters of their over-allotment option in the amount of 3,600,000 Units,\nat $10.00 per Unit, generating gross proceeds of $276,000,000. Simultaneously with the consummation of the IPO and the sale of the Units,\nwe consummated the private placement (“Private Placement”) of 8,110,056 warrants (the “Private Placement Warrants”).\nIn this Private Placement, the Sponsor purchased 5,710,056 Private Placement Warrants, while Cantor Fitzgerald & Co. and Odeon Capital\nGroup LLC purchased 2,400,000 Private Placement Warrants, all at a price of $1 per Private Placement Warrant, generating total proceeds\nof $8,110,056. Each whole Private Placement Warrant entitling the holder thereof to purchase one Class A ordinary share at $11.50 per\nshare.\n\n \n\nFollowing the closing of our Initial Public Offering, a total of $277,380,000 comprised of the proceeds from the Initial Public Offering (which amount includes $13,140,000 of the underwriters’ deferred discount) and the Private Placement, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. The proceeds held in the Trust Account may be invested by the trustee only in U.S. government securities with a maturity of 185 days or less or in money market funds investing solely in U.S. government treasury obligations and meeting certain conditions under Rule 2a-7 under the Investment Company Act. The specific investments in our Trust Account may change from time to time.\n\n \n\nOther than as described above, there has been no material change in the planned use of the proceeds from our Initial Public Offering and the Private Placement as is described in our final prospectus related to our Initial Public Offering. There has been no material change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement."}