Titan Acquisition FY26 Q2 net income falls 21.27% to $2.07 million

• Titan Acquisition posted net income of $2.07 million for the quarter ended June 30, 2026, down from $2.63 million a year earlier.
• Investment income in the trust account edged down to $2.55 million, while general and administrative expense totaled $481,615.
• Six-month net income climbed to $3.91 million from $2.55 million, driven by trust investment income of $5.06 million.
• Cash fell to $247,336 at June 30, 2026 from $720,301 at year-end 2025, while working capital swung to a $996,010 deficit.
• Agreed to a business combination with OpenPayd Global Holdings, targeting a deal valued at $800 million with a $130 million minimum proceeds condition.

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