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Galata Acquisition II (LATA) 10-K Filings

LATA NASDAQ

Here are the 10-K annual reports from Galata Acquisition Corp. II (LATA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow LATA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LATA filings page.

Rhea-AI Summary

Galata Acquisition Corp. is a Cayman Islands special purpose acquisition company formed on June 20, 2025 to complete a merger or similar business combination, initially focusing on energy, fintech, real estate and technology but able to acquire a business in any sector or region.

On September 18, 2025 it completed an IPO of 17,250,000 units at $10.00 each, raising $172,500,000, and sold 5,300,000 private placement warrants for an additional $5,300,000. A total of $172,500,000 was placed in a trust account, with funds available for a transaction of $166,462,500 as of December 31, 2025, and an estimated redemption price of about $10.10 per public share.

The company must consummate an initial business combination by September 22, 2027 or liquidate and return trust funds to public shareholders. The filing highlights substantial potential dilution from low-cost founder shares and private warrants, anti-dilution adjustments designed to keep founder ownership at 25% of ordinary shares after a deal, and the possibility of further dilution from additional equity or convertible debt financing. It also flags risks from intense SPAC competition, complex redemption mechanics, creditor claims on the trust and global geopolitical tensions that could hinder identifying or closing a suitable transaction.