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Galata Acquisition Sponsor reports 5.75M Class B stake (LATA)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Galata Acquisition Sponsor II, LLC reports beneficial ownership of 5,750,000 Class B Ordinary Shares, which convert one-for-one into Class A Ordinary Shares. The filing states the 5,750,000 shares represent 25.0% of the Class A share count when assuming conversion, based on 17,250,000 Class A Ordinary Shares issued and outstanding as of November 13, 2025.

The filing names Galata Acquisition Sponsor II, LLC as record holder and discloses that Daniel Freifeld (issuer Chairman and CIO) is managing member of Callaway Capital Management, LLC and holds voting and investment discretion for the sponsor; Mr. Freifeld disclaims beneficial ownership except to the extent of any pecuniary interest.

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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G




Comment for Type of Reporting Person: (1) See Item 4. Represents Issuer's Class B ordinary shares, par value $0.0001 per share ("Class B Ordinary Shares") which are automatically convertible into Issuer's Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares") with or immediately following the Issuer's initial business combination (the "Business Combination") and may be converted at any time prior to the Business Combination at the option of the holder, as more fully described under the heading "Description of Securities-Founder Shares" in the Issuer's Registration Statement on Form S-1 (File No. 333-289853). Galata Acquisition Sponsor II, LLC is the record holder of the Class B Ordinary Shares reported herein. Daniel Freifeld, the Issuer's Chairman and Chief Investment Officer, is the managing member of Callaway Capital Management, LLC, the managing member of the sponsor and holds voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Mr. Freifeld disclaims any beneficial ownership of the securities held by the sponsor other than to the extent of any pecuniary interest he may individually have therein, directly or indirectly. (2) Excludes 3,575,000 Class A Ordinary Shares which may be purchased by exercising warrants that are not presently exercisable. (3) Based on 17,250,000 Class A Ordinary Shares issued and outstanding and 5,750,000 Class B Ordinary Shares issued and outstanding as of November 13, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2025.


SCHEDULE 13G



Galata Acquisition Sponsor II, LLC
Signature:/s/ Daniel Freifeld
Name/Title:Callaway Capital Management, LLC, as the managing member of Galata Acquisition Sponsor II, LLC
Date:02/18/2026
Callaway Capital Management, LLC
Signature:/s/ Daniel Freifeld
Name/Title:Daniel Freifeld as Manager of Callaway Capital Management, LLC, a Delaware limited liability company
Date:02/18/2026
Daniel Freifeld
Signature:/s/ Daniel Freifeld
Name/Title:Daniel Freifeld
Date:02/18/2026

FAQ

What stake does Galata Acquisition Sponsor II hold in LATA?

The sponsor beneficially holds 5,750,000 Class B Ordinary Shares, which convert one-for-one into Class A shares. This stake is stated as 25.0% based on 17,250,000 Class A Ordinary Shares issued and outstanding as of November 13, 2025.

How do the Class B shares convert into Class A for LATA?

The Class B Ordinary Shares are described as automatically convertible into Class A Ordinary Shares on a one-for-one basis with or immediately following the business combination. Holders may convert earlier at their option, subject to adjustments in the registration statement.

What role does Daniel Freifeld have regarding the reported shares?

Daniel Freifeld is identified as the Issuer's Chairman and Chief Investment Officer and the managing member of Callaway Capital Management, LLC; he holds voting and investment discretion for the sponsor's shares and disclaims beneficial ownership except for any pecuniary interest.

Are there other convertible instruments noted in the filing for LATA?

The filing excludes 3,575,000 Class A Ordinary Shares that may be purchased by exercising warrants that are not presently exercisable, as stated in the explanatory comments in the submission.
Galata Acquisition Corp Ii

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