TACHU · Titan Acquisition Corp.

For the three months ended March 31, 2026, Titan Acquisition Corp. Units reported net income of $1,840,719 compared to a net loss of $78,292 in the prior year period. This turnaround reflects unrealized returns on investments held in the trust account that exceeded general and administrative costs associated with our Initial Public Offering. As a pre-combination SPAC, we generate no operating revenues until completing our initial business combination, leaving investment income as the primary driver of profitability while operating income stood at -$676,713.

Operating losses persist as inherent to our lifecycle stage, where administrative expenses support public company operations and preparation for a business combination. These costs explain the negative operating income, underscoring why trust account returns are critical to overall results. Investors should note that such investment performance can fluctuate with market conditions, and management acknowledges it is at least reasonably possible that related estimates could change in the near term due to future events.

Cash flow from operations deteriorated to -$216,144 from nearly breakeven -$17 YoY, driven by working capital shifts such as prepaid insurance and sponsor dues. This increased cash burn highlights liquidity pressures typical for SPACs in the search phase, where funds outside the trust account cover day-to-day needs. Our liquidity historically relied on sponsor purchases of Class B shares and loans, with potential for additional non-obligatory funding from the sponsor, affiliates, or directors/officers to address working capital shortfalls or transaction costs.