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Pursuant to the Purchase Agreement, Blue Harbour purchased 60,000 shares of Preferred Stock for an aggregate purchase price of $600,000. The shares have a conversion price of $3.40.The Certificate of Designations authorizing the Preferred Stock contains a beneficial ownership conversion \"blocker\" that prevents Blue Harbour from acquiring the lower of either  the maximum percentage of common stock permissible under Nasdaq rules and regulations without first obtaining shareholder approval or  19.99% of the Company's outstanding common stock.ARC Group Ltd. served as sole financial advisor to Titan in the private placement.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TTNP","BK4007"],"gpt_icon":0},{"id":"2544818872","title":"Titan Pharmaceuticals Inc. Conducted Annual Stockholders Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2544818872","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2544818872?lang=en_us&edition=fundamental","pubTime":"2025-06-19 04:49","pubTimestamp":1750279770,"startTime":"0","endTime":"0","summary":"Titan Pharmaceuticals Inc. held its 2025 Annual Meeting of Stockholders on June 16, 2025. During the meeting, several proposals were put to a vote. The election of five directors was approved. The issuance of more than 20% of the company's common stock pursuant to a private placement transaction was approved. An amendment to the company's 2015 Omnibus Equity Incentive Plan to increase the total number of shares authorized for issuance and extend the term by an additional five years was also approved. Additionally, the ratification of Enrome LLP as the company's independent auditors for the fiscal year ending December 31, 2025, was approved.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Titan Pharmaceuticals Inc. published the original","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250618:nNDL9s60ry:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","TTNP"],"gpt_icon":0},{"id":"2540648774","title":"Titan announces filing of registration statement for proposed combination","url":"https://stock-news.laohu8.com/highlight/detail?id=2540648774","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540648774?lang=en_us&edition=fundamental","pubTime":"2025-06-03 20:50","pubTimestamp":1748955019,"startTime":"0","endTime":"0","summary":"Titan 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