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TACHW - TACHW STOCK NEWS

Welcome to our dedicated page for TACHW news (Ticker: TACHW), a resource for investors and traders seeking the latest updates and insights on TACHW stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TACHW's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TACHW's position in the market.

Rhea-AI Summary

Titan Acquisition Corp (Nasdaq: TACHU) has successfully closed its initial public offering (IPO), raising $276 million in gross proceeds. The company offered 27.6 million units at $10.00 per unit, including 3.6 million units from the fully exercised underwriters' over-allotment option.

Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50. The units trade on Nasdaq under 'TACHU', while the separated securities will trade under 'TACH' and 'TACHW'.

The blank check company, incorporated in the Cayman Islands, aims to pursue a business combination with one or more entities. Cantor Fitzgerald & Co. served as the sole book-running manager, with Odeon Capital Group as co-manager.

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Rhea-AI Summary

Titan Acquisition Corp (Nasdaq: TACHU) has announced the pricing of its initial public offering (IPO) of 24,000,000 units at $10.00 per unit, totaling $240,000,000. The units will trade on the Nasdaq Global Market under 'TACHU' starting April 9, 2025.

Each unit comprises one Class A ordinary share and one-half redeemable warrant. Upon separate trading, the shares and warrants will trade under 'TACH' and 'TACHW' respectively. The underwriter has a 45-day option to purchase up to 3,600,000 additional units for over-allotments.

The company, incorporated in the Cayman Islands, is a blank check company seeking business combinations. Cantor Fitzgerald & Co. is the sole book-running manager, with Odeon Capital Group as co-manager. The offering is expected to close on April 10, 2025.

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