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AI brief of an SEC Form 8-K · Galata Acquisition Corp. II (LATA)

Galata Acquisition Corp. II closes $172.5 million IPO of 17.25 million units

Neutral Impact 3 of 5 financing Written later

Galata Acquisition Corp. II, a blank check company, closed its initial public offering on September 22, 2025, selling 17,250,000 units at $10.00 each, including the full exercise of the underwriters' over-allotment option. The full $172.5 million of IPO proceeds, together with $5.3 million from a private placement of warrants, was placed in a U.S.-based trust account, which is intended to fund a future business combination and is the pool that public shareholders would redeem from.

Key points

  • IPO closed September 22, 2025: 17,250,000 units at $10.00 per unit, for gross proceeds of $172.5 million
  • Private placement of 5,300,000 warrants at $1.00 each raised $5.3 million, sold to the sponsor and BTIG LLC
  • $172.5 million ($10.00 per unit) placed in trust account with Continental Stock Transfer & Trust Company as trustee
  • Company has 24 months from the IPO closing to complete an initial business combination; it has not yet selected a target

The filing

CompanyGalata Acquisition Corp. II (LATA)
Form8-K, current report
Filed with the SECSep 26, 2025, 4:05 PM ET
Accession number0001213900-25-092331

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 26, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.