Galata Acquisition Corp. II completes $172.5M IPO and private placement

Galata Acquisition Corp. II

IPO of 17.25M units at $10/unit, generating gross proceeds of $172.5M.
Underwriters' over-allotment option exercised in full for 2.25M additional units.
Private placement of 5.3M warrants at $1 each to sponsor and BTIG, gross $5.3M.
Net proceeds of $172.5M (including deferred underwriting discount) deposited in trust account.
Balance sheet as of 9/22/25: total assets $174.3M, shareholders' deficit ($4.85M) due to accumulated deficit.

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