Galata Acquisition Corp. II filed a Form 10-Q with the U.S. Securities and Exchange Commission on November 12, 2026, covering the quarterly period ended September 30, 2026.

Key Highlights

  • Share count: As of November 10, 2026, the company had 17,250,000 Class A Ordinary Shares and 5,750,000 Class B Ordinary Shares issued and outstanding.
  • Shell company status: The registrant indicated it is a shell company as defined in Rule 12b-2 of the Exchange Act.
  • Business Combination deadline: According to the filing, the company has a 24-month period from the IPO closing, running to September 22, 2027, to consummate an initial Business Combination.
  • IPO date: The company completed its Initial Public Offering on September 22, 2025.
  • Deferred underwriting fee: BTIG is entitled to an additional fee of up to $6,037,500, payable only upon completion of an initial Business Combination.
  • Filer classification: The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.

Galata Acquisition Corp. II Reports Q3 2026 Operations as SPAC Pursuit Continues

Galata Acquisition Corp. II (NASDAQ:LATA), a Cayman Islands exempted company headquartered in Nashville, Tennessee, submitted its quarterly report covering the period ended September 30, 2026. According to the filing, the company remains a blank-check special purpose acquisition company, or SPAC, that has not yet completed a Business Combination. The registrant confirmed its shell company status under Rule 12b-2 of the Exchange Act.

The filing disclosed that as of November 10, 2026, there were 17,250,000 Class A Ordinary Shares and 5,750,000 Class B Ordinary Shares issued and outstanding, each with a par value of $0.0001 per share. Three classes of securities are listed on The Nasdaq Stock Market LLC: Units (LATAU), Class A Ordinary Shares (LATA), and Warrants (LATAW). Each whole Warrant is exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share, according to the filing.

The company disclosed that its Combination Period extends to September 22, 2027, giving it up to 24 months from its IPO closing date to consummate an initial Business Combination. The filing also noted that BTIG LLC, described as "the sole-book running manager and representative of the Underwriters," is entitled to a Deferred Fee of up to $6,037,500, which is payable only upon completion of the initial Business Combination and "shall not be paid from the accrued interest in the Trust Account," according to the filing.

What Was Disclosed

The filing is a quarterly report for the period ended September 30, 2026, disclosing share counts, SPAC operational status, a Business Combination deadline of September 22, 2027, and a deferred underwriting fee of up to $6,037,500 owed to BTIG upon deal completion.