Tim Shannon
Effective as of July 8, 2021, the following individuals were appointed to the board of directors of the Company: Mr. Adam S. Metz, Ms. Shelley Guiley and Mr. Tim Shannon.
Highest-materiality recent filing
Galata shareholders approve merger with Marti; expected close July 10, 2023
Shareholders approved Business Combination Proposal with 13.4M for, 1.4M against, 0 abstain.
Galata Acquisition Corp. amends convertible note terms; decreases conversion premium to 10%
Conversion premium lowered from 15% to 10%; reset now monthly for first 12 months vs. once on first anniversary.
Galata SPAC amends Marti deal: cash condition dropped, outside date extended, note terms revised
Removes $50M minimum cash closing condition; extends outside date to July 31, 2023.
Galata Acquisition receives NYSE American delisting notice for insufficient public shareholders
Notice on Feb 1, 2023 cites failure to maintain minimum 300 public shareholders under Section 1003(b)(i)(B).
Convertible note interest rate increased from 12% to 15% per annum (10% cash + 5% PIK).
Galata Acquisition Corp. enters definitive merger agreement with Marti Technologies Inc.
SPAC to merge with Marti Technologies; each share of Marti common to receive SPAC Class A shares based on 45M total shares.
Galata Acquisition receives NYSE American delisting notice for failing 300 public shareholders
Notice received Dec 1, 2021 for noncompliance with Section 1003(b)(i)(B) of the NYSE American Company Guide.
Restating July 13, 2021 balance sheet to reclassify Class A ordinary shares subject to redemption as temporary equity, not permanent equity.
Galata closes $125M IPO and $6.5M PIPE; underwriters exercise overallotment for $18.75M
Sold 12,500,000 units at $10/unit for $125M gross; private placement of 6,500,000 warrants at $1.00 for $6.5M.
Galata Acquisition Corp closes $125M IPO, places $127.5M in trust
Offered 12.5M units at $10.00/unit, gross proceeds $125M; units trade on NYSE American as GLTA.U.
Effective as of July 8, 2021, the following individuals were appointed to the board of directors of the Company: Mr. Adam S. Metz, Ms. Shelley Guiley and Mr. Tim Shannon.
Effective as of July 8, 2021, the following individuals were appointed to the board of directors of the Company: Mr. Adam S. Metz, Ms. Shelley Guiley and Mr. Tim Shannon.
Effective as of July 8, 2021, the following individuals were appointed to the board of directors of the Company: Mr. Adam S. Metz, Ms. Shelley Guiley and Mr. Tim Shannon.
Max materiality 0.85 · Median 0.70 · Most common event other_material