Galata Acquisition Corp. II(NASDAQ) LATA

Galata helps private companies list their shares on public stock exchanges. It searches for partner businesses in the energy and technology sectors. The company holds investor funds in a secure account during its search.

What Does Galata Do?

• Business Combinations: Facilitates mergers or acquisitions for private companies seeking to enter public markets.
• Investment Management: Oversees $172.5 million in proceeds to support a future business combination.
• Sector Specialization: Concentrates on identifying high-growth targets in the fintech, energy, and real estate industries.

Strategic Milestones and Agreements

• Completed an initial public offering of 17.25 million units on September 22, 2025.
• Partnered with BTIG LLC to manage the sale of units and private placement warrants.
• Signed an agreement with Galata Acquisition Sponsor II, LLC for Nashville office space and support in 2025.

What Makes This Venture Unique

The management team maintains broad flexibility to pursue partners in any geographic location or industry sector. Its trust account uses low-risk U.S. government treasury obligations to preserve capital during the search process.

First Quarter 2026 Performance

• Net income reached $1.37 million in Q1 2026, driven by interest from trust investments.
• Operating expenses totaled $159,598 for the three months ended March 31, 2026.
• Trust account value increased to $175.8 million as of March 31, 2026.
• Cash held outside the trust for daily operations was $770,377 on March 31, 2026.

Bottom Line

Galata has evolved from its 2025 launch into an active vehicle for mid-market acquisitions. Its structure provides a clear path for private companies to access public capital markets.