M&A
confidence high
sentiment positive
materiality 0.70
Marblegate Capital completes business combination, lists on OTCQX as largest NYC taxi medallion lender
Marblegate Capital Corp
- Business combination closed April 7, 2025; common stock and warrants began trading on OTCQX under MGTE and MGTEW on April 10.
- MCC is now the first publicly traded vertically integrated NYC taxi medallion lender and fleet operator.
- Loan portfolio collateralized by over 1,700 medallions; company owns over 2,000 medallions, claiming largest lender and owner status.
- Marblegate was pivotal in the NYC MRP+ medallion debt relief program for drivers.