A registration statement for a proposed initial public offering ("IPO") on the New York Stock Exchange has been filed by Titan America. Completion of the offering is subject to market conditions and there can be no assurance as to whether or when the offering will be completed, or as to the final size or other terms of the offering.

According to the announcement in the SA

Titan America has applied to list its common stock on the New York Stock Exchange under the symbol "TTAM".

The initial public offering (IPO) is planned to include a primary offering by Titan America and a secondary offering by Titan Cement International SA.

Citigroup and Goldman Sachs & Co. LLC are acting as lead coordinators for the proposed offering. BofA Securities, BNP Paribas, Jefferies, HSBC, Societe Generale and Stifel are acting as administrators of the proposed offer.

The proposed offering will be made only by means of a prospectus under the US Securities Act of 1933, as amended. A registration statement relating to these securities has been filed with the US Securities and Exchange Commission (SEC) but has not yet become effective.

Titan America, with sales of $1.6 billion, is a dynamic and fully vertically integrated company operating in the strong-growing major economic regions of the U.S. East Coast, with a presence and leadership position in the Florida, Mid-Atlantic and New York/New Jersey metropolitan area markets.