Galata Acquisition Corp. II (NASDAQ:LATAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LATAU”, Friday, September 19, 2025.

The new SPAC plans to search for a company in the energy, financial technology (fintech), real estate, and technology sectors.

Galata II is to be led by Daniel Freifeld, its Chief Investment Officer and Chairman of the Board of Directors, 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.

Total SPAC deal count for 2025 year-to-date is now 91. This offering is expected to close on Monday, September 22, 2025.

BTIG, LLC is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with White & Chase LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.