Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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.
Galata Acquisition Corp. II is a Cayman Islands SPAC that has not yet entered into a definitive agreement for a business combination. Total assets were $178,195,428 at June 30, 2026, including $177,405,965 of investments in a U.S. Treasury-based Trust Account supporting 17,250,000 redeemable Class A ordinary shares at $10.28 per share.
Operations remain limited to SPAC formation, the September 2025 IPO, and target search. For the six months ended June 30, 2026, Galata reported net income of $2,772,699, driven by $3,089,273 of interest income on Trust investments, partially offset by $316,574 of general and administrative costs. Cash outside the Trust was $656,117, with a working capital surplus of $688,396, which management uses to fund ongoing search and public company costs.
The company has until September 22, 2027 to complete an initial business combination or redeem all Public Shares and liquidate, subject to possible earlier or later dates approved under its charter. Management concludes there is substantial doubt about the company’s ability to continue as a going concern due to limited liquidity and the fixed combination deadline, despite potential Working Capital Loans of up to $1,500,000 from the sponsor that are not currently committed.
Galata Acquisition Corp. reports its quarterly results for the three months ended March 31, 2026, showing net income of $1,373,157. The blank check company generated $1,532,755 of interest income on investments held in its Trust Account, offset by $159,598 of general and administrative expenses.
As of March 31, 2026, Galata held $175,849,447 of investments in its Trust Account, equal to $10.19 per redeemable Class A Ordinary Share, and cash of $770,377 outside the Trust Account to fund ongoing search and operating costs. Shareholders had 17,250,000 redeemable Class A shares and 5,750,000 non-redeemable Class B shares outstanding.