No recent news impacting the business model or operations has been reported.

The company’s management team, affiliated with an experienced alternative asset manager, brings expertise in identifying and executing business combinations. The strong liquidity position, with a current ratio of 9.04 as of June 30, 2026, provides financial flexibility to pursue acquisition opportunities. The company’s focus on sectors such as energy, fintech, real estate, and technology aligns with areas of potential growth and innovation. The trust account structure offers downside protection to public shareholders by safeguarding IPO proceeds until a business combination is consummated.

The company has not yet identified a specific business combination target and has no operating revenues, which limits visibility into future performance. Dilution risks from founder shares and warrants held by sponsors and management may materially affect public shareholders. Failure to complete a business combination by the September 22, 2027 deadline will result in liquidation and return of funds, which may be subject to creditor claims. The company’s broad mandate to pursue targets in any industry or geography may dilute strategic focus. Market and regulatory risks related to SPAC structures and Nasdaq listing requirements may impact the company’s ability to complete a business combination.

As a SPAC, Galata Acquisition Corp. II’s moat is primarily derived from its management team’s expertise and network, which may facilitate sourcing and executing a business combination. The company’s structure provides public shareholders with liquidity and downside protection through the trust account holding IPO proceeds. However, the company has no operating business or revenues and depends on successfully identifying and completing a business combination to create value. The dilution potential from founder shares and warrants may affect shareholder interests. The company’s compliance with Nasdaq listing rules and governance structure supports operational transparency but does not constitute a competitive moat in the traditional sense.

• Business Combination Completion Risk: The company must complete its initial business combination by September 22, 2027, or liquidate and return funds to shareholders, which may limit operational duration and strategic flexibility [S1].
• Dilution Risk: Founder shares and private placement warrants held by sponsors and management may cause material dilution to public shareholders upon conversion or exercise [S1].
• No Operating Revenues: The company has not generated operating revenues and does not expect to do so until consummation of its initial business combination, limiting current business visibility [S1].
• Market and Regulatory Risks: Nasdaq listing rules and regulatory requirements impose conditions on the timing and approval of the business combination, which may affect the company’s ability to complete the transaction [S1].

• Galata Acquisition Corp. II is a blank check company (SPAC) incorporated on June 20, 2025, in the Cayman Islands for the purpose of effecting a business combination with one or more businesses or entities [S1].
• The company completed its Initial Public Offering (IPO) on September 18, 2025, raising gross proceeds of $172.5 million from the sale of 17,250,000 units at $10.00 per unit, plus $5.3 million from private placement warrants [S1].
• Each unit consists of one public share and one-third of one public warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share [S1].
• The proceeds from the IPO and private placement were placed in a trust account to be used for the initial business combination [S1].
• The company has not generated any operating revenues to date and does not expect to do so until consummation of its initial business combination [S1].
• Management team includes Chairman and Chief Investment Officer Daniel Freifeld, CEO Craig Perry, CFO Powers Spencer, and COO William Weir, all affiliated with Callaway Capital Management LLC [S1].
• The company focuses on target businesses in energy, financial technology, real estate, and technology sectors but may pursue opportunities in any industry or geography [S1].
• The company must complete its initial business combination by September 22, 2027, or earlier if approved by the board or shareholders, or it will liquidate and return funds to shareholders [S1].
• The company’s board consists of four members, including independent directors with diverse experience [S1].
• Founder shares and private placement warrants held by the sponsor and management may cause dilution to public shareholders upon conversion or exercise [S1].
• As of June 30, 2026, the company reported current assets of $774,040 and current liabilities of $85,644, resulting in a current ratio of 9.04, indicating strong liquidity [S2].
• Net income reported for the period ending June 30, 2026, was $1,399,542, though the company has no operating revenues and is in the pre-combination phase [S2].
• The company is not engaged in operations and intends to use cash from the trust account and other sources to effectuate its initial business combination [S1].
• The company’s securities are listed on Nasdaq and subject to Nasdaq rules regarding timing and approval of the initial business combination [S1].
• Risk factors are disclosed in prior filings and have not materially changed as of the latest quarterly report [S2].