Group 1 - The Company, Galata Acquisition Corp. II, announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, with trading set to begin on September 19, 2025, under the ticker symbol "LATAU" [1] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on September 22, 2025, subject to customary closing conditions, and the underwriters have a 45-day option to purchase an additional 2,250,000 units [1] Group 2 - The Company is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, focusing on sectors such as energy, fintech, real estate, and technology [2] - The management team includes Daniel Freifeld (Chief Investment Officer and Chairman), Craig Perry (Chief Executive Officer), William Weir (President and Chief Operating Officer), and Powers Spencer (Chief Financial Officer) [3]
Galata Acquisition Corp. II Announces the Pricing of $150,000,000 Initial Public Offering