- Business
- Galata Acquisition Corp. II is a blank check company primarily engaged in effecting mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses. The company focuses on target businesses in the energy, financial technology (fintech), real estate, and technology sectors. Incorporated in 2025 and headquartered in Nashville, Tennessee, Galata Acquisition Corp. II operates mainly in the United States with a strategy allowing potential operations in any geographic region or industry sector. Its core business involves raising capital through public offerings to invest in or merge with promising companies within its focused sectors.
Galata Acquisition Corp. II's main products and services include the issuance of Class A ordinary shares and redeemable warrants, structured to finance acquisitions or business combinations. The company does not directly manufacture or sell physical products but provides investment capital and merger expertise to facilitate growth opportunities in its sectors of interest.
The company recently completed a $172.5 million initial public offering on September 22, 2025, offering 17.25 million units priced at $10 per unit, each consisting of one Class A ordinary share and one-third of a redeemable warrant. This capital raise included an exercise of the underwriters' over-allotment option in full and marks a significant operational milestone. Additionally, as of November 10, 2025, Galata Acquisition Corp. II initiated the separate trading of its Class A ordinary shares and warrants on the Nasdaq Global Market under the ticker symbols "LATA" and "LATAW," respectively. The management team is led by experienced executives including CEO Craig Perry and CIO Daniel Freifeld. These developments position the company to actively pursue business combinations within its targeted sectors and geographies.