Galata Acquisition Corp. II Completes $172.5 Million Initial Public Offering
Galata Acquisition Corp. II (NASDAQ:LATAU) has successfully completed its initial public offering (IPO), raising $172.5 million in gross proceeds. The company offered 17.25 million units at $10.00 per unit, including 2.25 million units from the fully exercised over-allotment option.
Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with whole warrants exercisable at $11.50 per share. The securities will eventually trade separately under the symbols LATA (shares) and LATAW (warrants). The entire IPO proceeds of $172.5 million have been placed in trust.
The blank check company aims to pursue business combinations in the energy, fintech, real estate, and technology sectors, led by Daniel Freifeld as CIO and Chairman, alongside CEO Craig Perry.
Galata Acquisition Corp. II (NASDAQ:LATAU) ha completato con successo l'offerta pubblica iniziale (IPO), raccogliendo 172,5 milioni di dollari di proventi lordi. La società ha offerto 17,25 milioni di unità a 10,00 dollari per unità, compresa l'opzione di sovrarilascio completamente esercitata per 2,25 milioni di unità.
Ogni unità è composta da una azione ordinaria di Classe A e da un terzo di warrant rimborsabile, con warrant interi esercitabili a 11,50 dollari per azione. I titoli verranno scambiati separatamente sotto i simboli LATA (azioni) e LATAW ( warrant). L'intero ricavo dell'IPO di 172,5 milioni di dollari è stato depositato in un trust.
La società veicolo priva di attività mira a perseguire operazioni di fusioni e acquisizioni nei settori energia, fintech, real estate e tecnologia, guidata da Daniel Freifeld come CIO e Presidente, insieme al CEO Craig Perry.
Galata Acquisition Corp. II (NASDAQ:LATAU) ha completado con éxito su oferta pública inicial (IPO), obteniendo 172,5 millones de dólares en ingresos brutos. La empresa ofreció 17,25 millones de unidades a 10,00 dólares por unidad, incluida la opción de sobreasignación totalmente ejercida por 2,25 millones de unidades.
Cada unidad comprende una acción ordinaria de Clase A y un tercio de un warrant redimible, con warrants completos ejercitables a 11,50 dólares por acción. Los valores eventualmente cotizarán por separado con los símbolos LATA (acciones) y LATAW (warrants). El total de los ingresos de la IPO, de 172,5 millones de dólares, se ha colocado en un fideicomiso.
La empresa con fines especiales apunta a realizar fusiones y adquisiciones en los sectores energía, fintech, bienes raíces y tecnología, liderada por Daniel Freifeld como CIO y presidente, junto al CEO Craig Perry.
Galata Acquisition Corp. II(NASDAQ:LATAU)은 성공적으로 IPO를 마치고 총 1억 7250만 달러의 순이익을 조달했습니다. 회사는 단위당 10.00달러에 1725만 단위를 제안했으며, 완전 행사된 초과 배정 옵션으로 225만 단위가 포함되었습니다.
각 유닛은 A류 보통주 1주와 1/3의 상환 가능한 워런트로 구성되며, 전체 워런트는 주당 11.50달러에 행사할 수 있습니다. 증권은 나중에 각각 LATA(주식)와 LATAW(워런트) 심볼로 별도 거래될 예정입니다. IPO 모든 수익 1억 7250만 달러는 신탁에 예치되었습니다.
빈체크 회사는 에너지, 핀테크, 부동산, 기술 부문에서의 사업 결합을 추구하는 것을 목표로 하며, CIO 겸 의장 다니엘 프레이펠드와 CEO 크레이그 페리와 함께 이끄는 팀입니다.
Galata Acquisition Corp. II (NASDAQ:LATAU) a mené à bien son offre publique initiale (IPO), levant 172,5 millions de dollars de produits bruts. La société a proposé 17,25 millions d’unités à 10,00 dollars l’unité, y compris l’option de surallocation entièrement exercée pour 2,25 millions d’unités.
Chaque unité comprend une action ordinaire de Classe A et un tiers d’un warrant rédemptrable, les warrants entiers étant exercables à 11,50 dollars par action. Les titres seront éventuellement négociés séparément sous les symboles LATA (actions) et LATAW (warrants). Le produit total de l’IPO de 172,5 millions de dollars a été placé en fiducie.
La société écran vise à réaliser des combinaisons d’affaires dans les secteurs énergie, fintech, immobilier et technologie, dirigée par Daniel Freifeld en tant que CIO et Président, aux côtés du PDG Craig Perry.
Galata Acquisition Corp. II (NASDAQ:LATAU) hat erfolgreich seinen Börsengang (IPO) abgeschlossen und 172,5 Millionen US-Dollar Bruttoerlöse erzielt. Das Unternehmen bot 17,25 Millionen Einheiten zu je 10,00 USD an, einschließlich einer vollständig ausgeübten Überzeichnungsoption für 2,25 Millionen Einheiten.
Jede Einheit besteht aus einer Class-A-Ordensaktie und einem Drittel eines einlösbaren Warrants, vollständig einlösbare Warrants zu 11,50 USD pro Aktie. Die Wertpapiere werden später separat unter den Symbolen LATA (Aktien) und LATAW (Warrants) gehandelt. Der gesamte IPO-Ertrag von 172,5 Millionen USD wurde in einen Trust gelegt.
Das Blankoscheckunternehmen beabsichtigt Geschäftskombinationen in den Sektoren Energie, Fintech, Immobilien und Technologie zu verfolgen, geleitet von Daniel Freifeld als CIO und Vorsitzender, zusammen mit CEO Craig Perry.
Galata Acquisition Corp. II (NASDAQ:LATAU) أكمل بنجاح عرضه العام الأولي (IPO)، حيث جمع 172.5 مليون دولار أمريكي من العوائد الإجمالية. قدمت الشركة 17.25 مليون وحدة بسعر 10.00 دولارات للوحدة، بما في ذلك خيار الاكتتاب الزائد الذي تم تفعيله بالكامل لــ 2.25 مليون وحدة.
كل وحدة تتألف من سهـم عادي من الفئة أ وثلث ضمان قابل لإعادة الاقتناء، وتُمارس الضمانات الكاملة عند 11.50 دولاراً للسهم. ستتداول الأوراق المالية لاحقاً بشكل منفصل تحت الرمزين LATA (الأسهم) وLATAW (الضمانات). تم وضع كامل أموال IPO البالغة 172.5 مليون دولار في صندوق ائتماني.
تهدف الشركة ذات الشيك الفارغ إلى متابعة عمليات دمج الأعمال في قطاعات الطاقة والتمويل التقني والعقارات والتكنولوجيا، بقيادة دانيال فريففيلد كـ CIO ورئيس مجلس الإدارة، إلى جانب الرئيس التنفيذي كريغ بيري.
Galata Acquisition Corp. II (NASDAQ:LATAU) 已成功完成首次公开募股（IPO），募集总额为1.725亿美元毛利润。公司以每单位$10.00的价格发行了1725万单位，其中包括已完全行使的超额配售权导致的225万单位。
每单位包含1股A类普通股和1/3份可赎回权证，整份权证可按每股$11.50进行行使。证券最终将分别以代码LATA（股票）和LATAW（权证）交易。IPO的全部募集资金<[b]172.5亿美元已放入信托。
这家空白支票公司旨在在能源、金融科技、房地产和科技领域寻求商业合并，由CIO兼董事长的Daniel Freifeld领导，联合CEO Craig Perry。
- Successfully raised $172.5 million through IPO
- 100% of IPO proceeds ($172.5M) placed in trust
- Over-allotment option fully exercised by underwriters, indicating strong demand
- Diversified target sectors including energy, fintech, real estate, and technology
- Experienced management team with sector expertise
- No specific acquisition target identified yet
- Warrants may cause future dilution when exercised
- Investment depends on management's ability to complete acquisition within required timeframe
Insights
Galata Acquisition Corp. II raised $172.5M in its IPO as a blank check company targeting energy, fintech, real estate, and technology sectors.
Galata Acquisition Corp. II has successfully completed its IPO, raising
This SPAC structure follows the standard blank check company model, with 100% of the IPO proceeds (
The management team features notable experience: Daniel Freifeld (Chief Investment Officer and Chairman), Craig Perry (CEO), William Weir (President/COO), and Powers Spencer (CFO). BTIG served as the sole book-running manager, and the offering included a full exercise of the underwriters'
Investors should note that once the units begin separate trading, the Class A ordinary shares and warrants will list under "LATA" and "LATAW" respectively. Like all SPACs, this represents a pre-combination investment vehicle with the standard
Nashville, Tennessee, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Galata Acquisition Corp. II (the “Company”) announced today the closing of its initial public offering of 17,250,000 units, which includes 2,250,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at
The Company’s units began trading on September 19, 2025, on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “LATAU.” Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of
Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of warrants,
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry sector or geographical location. The Company currently intends to focus on target businesses in the energy, financial technology (fintech), real estate, and technology sectors.
The Company’s management team is led by Daniel Freifeld, its Chief Investment Officer and Chairman of the Board of Directors (the “Board”), Craig Perry, its Chief Executive Officer, William Weir, President and Chief Operating Officer, and Powers Spencer, its Chief Financial Officer. The Board also includes Douglas Lute, Agostina Nieves and Andy Abell.
BTIG, LLC acted as sole book-running manager for the offering.
A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 18, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Contact:
Galata Acquisition Corp. II
Craig Perry
info@galataspac.com
(202)-866-0901
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