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Galata Acquisition Corp. II (LATAW)

Nashville, United States | NasdaqGM
0.23 USD -0.01 (-4.040%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:50 a.m. EDT

This SPAC shell is trading at its absolute floor, barely above the $0.24 threshold where redemption rights typically trigger, rendering it a speculative binary bet rather than an investment. The company shows no operational revenue, negative book value, and massive cash burn, indicating it is purely a vehicle awaiting a merger that has not yet materialized. With no dividend history and a complete lack of price trajectory data due to its recent listing status, there is no fundamental basis for a long-term hold. The short-term outlook remains severely bearish given the high probability of liquidation or a failed deal at these depressed levels, offering no margin of safety.

None

Info Dump

Attribute Value
52 Week Change 0.0
Address1 818 18th Avenue South
Address2 Suite 925
All Time High 0.5
All Time Low 0.5
Ask 0.5
Ask Size 1
Average Daily Volume10 Day 0
Average Daily Volume3 Month 0
Average Volume 0
Average Volume10Days 0
Bid 0.35
Bid Size 50
Book Value -0.232
City Nashville
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.2304
Current Ratio 12.494
Custom Price Alert Confidence HIGH
Day High 0.2305
Day Low 0.2304
Ebitda Margins 0.0
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.5
Fifty Day Average Change -0.2696
Fifty Day Average Change Percent -0.5392
Fifty Two Week Change Percent 0.0
Fifty Two Week High 0.5
Fifty Two Week High Change -0.2696
Fifty Two Week High Change Percent -0.5392
Fifty Two Week Low 0.2304
Fifty Two Week Low Change 0.0
Fifty Two Week Low Change Percent 0.0
Fifty Two Week Range 0.2304 - 0.5
Financial Currency USD
First Trade Date Milliseconds 1,784,295,000,000
Float Shares 15,899,900
Full Exchange Name NasdaqGM
Fullday Change -0.0097
Fullday Change Percent -4.0399833
Fullday Price 0.2304
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Industry
Industry Key
Ipo Expected Date 2,025-11-10
Language en-US
Long Business Summary Galata Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in energy, financial technology (fintech), real estate, and technology sectors. The company was incorporated in 2025 and is based in Nashville, Tennessee.
Long Name Galata Acquisition Corp. II
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1954610798
Net Income To Common 3,069,976
Open 0.2305
Operating Cashflow -731,318
Operating Margins 0.0
Phone 202 866 0901
Previous Close 0.2401
Price Hint 4
Price To Book -0.99310344
Profit Margins 0.0
Quick Ratio 11.313
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0097
Regular Market Change Percent -4.0399833
Regular Market Day High 0.2305
Regular Market Day Low 0.2304
Regular Market Day Range 0.2304 - 0.2305
Regular Market Open 0.2305
Regular Market Previous Close 0.2401
Regular Market Price 0.2304
Regular Market Time 1,787,947,200
Regular Market Volume 200
Sand P52 Week Change 0.20204377
Sector
Sector Key
Short Name Galata Acquisition Corp. II Warrant
Source Interval 15
State TN
Symbol LATAW
Total Cash 770,377
Total Cash Per Share 0.033
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.5
Two Hundred Day Average Change -0.2696
Two Hundred Day Average Change Percent -0.5392
Type Disp Equity
Volume 200
Zip 37,203