Plutux
$0.23
+8.73%
2026-09-04 09:33:21 EDT+$0.00
Financial Services
Shell Companies
NASDAQ
Active Trading

Formed in 2025, Galata Acquisition Corp. II operates from its headquarters in Nashville, Tennessee. The company's primary objective is to execute a ...

Price Action

$0.23
+0.00%+$0.00
High
Low
52W High-54.0%
Rel. vol
Interval
Range6.5h
VolumeSMA5SMA10
Galata Acquisition Corp. II (the “Company”) is a newly formed special purpose acquisition company (SPAC) that operates primarily as an acquisition vehicle rather than a conventional operating business. Incorporated as a Cayman Islands exempted company and organized as a blank-check company, it exists to execute a transaction with one or ...Galata Acquisition Corp. II (the “Company”) is a newly formed special purpose acquisition company (SPAC) that operates primarily as an acquisition vehicle rather than a conventional operating business. Incorporated as a Cayman Islands exempted company and organized as a blank-check company, it exists to execute a transaction with one or more target businesses through a merger, amalgamation, share exchange, asset acquisition, share purchase, or another similar form of business combination. This structure is typical for SPACs: the Company raises capital from public investors and generally holds the proceeds in trust while it seeks an appropriate target. From the information provided, the Company’s focus spans multiple potential industries—namely energy, financial technology (fintech), real estate, and technology—indicating a broad screening approach for targets that fit the sponsor’s and management’s investment criteria. As a pre-deal company, it does not report meaningful ongoing revenue-generating operations; instead, its key “product” is the ability to sponsor and fund a future acquisition using investor capital. The Company is led by Craig William Perry, who serves as Chief Executive Officer (and is described in the source materials as a Managing Director at Callaway Capital). Operationally, the Company’s small headcount (noted as 4 full-time employees) suggests a lean structure consistent with SPAC requirements—staffing is typically focused on transaction evaluation, investor communications, regulatory compliance, and managing trust/trading mechanics rather than running a day-to-day operating enterprise. Economically, the core cost structure for a SPAC generally centers on offering-related expenses, ongoing administrative costs, and transaction costs incurred when a business combination is pursued (e.g., legal, accounting, advisory, and due diligence). In the provided financial snapshot, many operating-margin metrics are effectively zero, which aligns with a company that has not yet begun operations in the traditional sense. Instead, value is largely tied to the trust assets and the outcome of the eventual business combination, with public market pricing reflecting both uncertainty around the deal and the market’s view of potential target prospects. In terms of timing, the source indicates the Company was formed in 2025 and completed an initial public offering with units offered at a $10.00 per-unit price, beginning trading on the Nasdaq Global Market thereafter. The long-term “wish” and strategic objective for LATAW holders is that the Company identifies a compelling merger partner and completes a business combination that creates value versus the trust fund baseline, while also meeting regulatory and shareholder approval requirements. Key stakeholders include public investors holding units and warrants, the sponsor responsible for identifying and negotiating the acquisition, and management tasked with executing the transaction within the SPAC timeline.
Founded
2025
Employees
4
CEO
Craig William Perry
Full Name
Galata Acquisition Corp. II
Sector
Financial Services
Industry
Shell Companies
ROE
1.29%
Market Cap
$0.01B
Current Ratio
10.72
ROIC
-16.03%

Contact Information

+1 202 866 0901
818 18th Avenue South, Nashville, TN 37203

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