Galata Acquisition Corp.

Galata Acquisition Corp.

GLTA-WT
Galata Acquisition Corp.US flagNew York Stock Exchange Arca
0.13
USD
+0.06
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
Business
Galata Acquisition Corp. (NYSE American: GLTA-WT) operates as a special purpose acquisition company (SPAC) whose redeemable warrants entitle holders to purchase one Class A ordinary share at an exercise price of $11.50 each; the underlying SPAC, formed in 2020 as a Cayman Islands exempted company and headquartered in Washington, D.C., raised capital through its 2021 initial public offering to pursue mergers, share exchanges, asset acquisitions, or similar business combinations, originally targeting technology-enabled financial services businesses in emerging markets. In July 2023, the SPAC completed its business combination with Marti Technologies Inc., a Turkish micromobility platform, resulting in the combined entity trading under the ticker MRT with GLTA warrants continuing as MRTW; as of late 2025, the original GLTA-WT warrants trade over-the-counter following the delisting of the legacy SPAC structure post-merger, while a separate entity, Galata Acquisition Corp. II (NASDAQ: LATAU), recently completed a $172.5 million IPO in September 2025 to target opportunities in energy, financial technology, real estate, and technology sectors, including a concurrent $5.3 million private placement of pre-funded warrants to its sponsor and BTIG, LLC. The warrants maintain standard SPAC terms, with separate trading of shares and warrants commencing for the II entity in November 2025, and no further de-SPAC activity reported for the original GLTA vehicle within the last 1-2 years.