OpenPayd · listing
OpenPayd Targets Year-End Nasdaq Listing Through Titan SPAC Deal
OpenPayd is not public yet; it expects its merger with Titan Acquisition Corp. to close by the end of 2026, subject to SEC effectiveness, Titan shareholder approval and other closing conditions.
Is OpenPayd already listed on Nasdaq?
No. The proposed business combination has not closed, and OpenPayd would trade under the ticker OP only after the remaining conditions are satisfied.
Orbitrum Investor Impact
Why does the Nasdaq deal matter for OpenPayd?
The listing is intended to provide growth capital and publicly traded shares that OpenPayd can use for U.S. expansion, technology and licensing investment, and acquisitions.
Is the $1.1 billion figure cash OpenPayd will receive?
No. The original deal announcement valued OpenPayd at $1.145 billion on a pro forma equity basis, while the company said it could receive up to $276 million in gross proceeds from Titan's trust account if there are no shareholder redemptions.
What financial scale supports the transaction?
OpenPayd reported $73 million of revenue and $13 million of EBITDA for the year ended April 30, 2026, with a 17% EBITDA margin.
What happens next for the OpenPayd listing?
OpenPayd expects the merger to close by year-end 2026 and is targeting a U.S. customer launch by April 2027, but the listing still depends on the remaining regulatory, shareholder and transaction conditions.
Sources
- CoinDesk — Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
- OpenPayd — OpenPayd Targets Nasdaq Listing at Unicorn Valuation
- SEC — OpenPayd Investor Presentation: Proposed Business Combination with Titan Acquisition Corp.
Original signal: CoinDesk ↗
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