A&O Shearman advises OpenPayd on its USD1.145 billion merger with Titan

Upon completion of the transaction, OpenPayd will become a publicly listed company on Nasdaq under the ticker symbol “OP.” The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulations.

OpenPayd is a London-headquartered financial infrastructure platform operating at the intersection of traditional finance and digital assets, enabling businesses to move and manage money across fiat rails, blockchain networks, and stablecoins through a single API.

Titan is a New York-headquartered special purpose acquisition company focused on high-growth fintech companies and financial technology businesses.

The transaction highlights A&O Shearman's ability to deliver seamless cross-border counsel on complex SPAC transactions, bringing together a multi-jurisdiction team across the U.S., U.K., and France.

The A&O Shearman team was led by Dallas-based M&A partners Alain Dermarkar and Michael Walraven, with key support from associates Hannah Marshall, Elizabeth Robishaw, and Kaitlin Schleich. The team also included partners Ben Regnard-Weinrabe, Michael Bloch,  Taylor Landry, Mahesh Varia, John Cannon, JB Betker, Dave Lewis, Matthew Brown, Tim Harrop, and Hippolyte Marquetty, counsel John Menke, Jean Price, and Marine Gourlet, and associates Justin Higdon, Paul Gerstle, Thomas Whitney, Arabella Robinson, Helena Marrion, Sydney Phipps, Bertrand Nzabandora, Brandon Fawbush, Maria Clezy, Rory Copeland, Rhiannon Jones, and Katie Stanton, and trainee solicitor Brandon Copeman.