Marblegate Capital reports pro forma net losses of $5.7M (Q1'25) and $8.5M (FY'24) after business combination

Marblegate Capital Corp

Business combination closed April 7, 2025; New MAC trading on OTCQX as MGTE and MGTEW.
Pro forma net loss attributable to New MAC: $5.7M for Q1 2025, $8.5M for FY 2024.
Pro forma total assets $658.6M, including $350.3M intangible assets (medallion licenses).
Loans held for investment at fair value: $268.3M as of March 31, 2025.
DePalma equityholders own 85.2% of New MAC's 73.9M outstanding shares.

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