Mastrangelo Frank M 4
4 · Titan Acquisition Corp. · Filed Apr 11, 2025
Insider Transaction Report
Form 4
Mastrangelo Frank M
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Private Placement Warrants
2025-04-10$1.00/sh+5,710,056$5,710,056→ 5,710,056 total(indirect: See Footnote)→ Class A ordinary shares (5,710,056 underlying)
Footnotes (3)
- [F1]The Private Placement Warrants are directly held by Titan Acquisition Sponsor Holdco LLC (the "Sponsor"). Frank Mastrangelo is a managing member of the Sponsor and has voting and investment discretion with respect to the Private Placement Warrants held of record by the Sponsor. Frank Mastrangelo disclaims any beneficial ownership of any Private Placement Warrants held by the Sponsor except to the extent of his respective pecuniary interest therein.
- [F2]The Private Placement Warrants will become exercisable 30 days after the completion of our initial business combination. The exercise price of the Private Placement Warrants is $11.50 per Class A ordinary share.
- [F3]If Titan Acquisition Corp is unable to complete its initial business combination within the completion window, the Private Placement Warrants may expire worthless.