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    Galata Acquisition Corp.

    Subscribe to $GLTA
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    IPO Year: 2021

    Exchange: AMEX

    Recent Analyst Ratings for Galata Acquisition Corp.

    DatePrice TargetRatingAnalyst
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    Galata Acquisition Corp. SEC Filings

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    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    2/5/24 7:52:07 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    1/10/24 4:52:26 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    1/5/24 7:15:07 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 25-NSE filed by Galata Acquisition Corp.

    25-NSE - Marti Technologies, Inc. (0001852767) (Subject)

    1/4/24 8:57:13 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    12/27/23 6:30:04 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 424B3 filed by Galata Acquisition Corp.

    424B3 - Marti Technologies, Inc. (0001852767) (Filer)

    12/20/23 8:58:45 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC TO-I/A filed by Galata Acquisition Corp. (Amendment)

    SC TO-I/A - Marti Technologies, Inc. (0001852767) (Subject)

    12/20/23 8:45:54 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    12/20/23 8:45:08 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    12/18/23 7:19:25 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form 6-K filed by Galata Acquisition Corp.

    6-K - Marti Technologies, Inc. (0001852767) (Filer)

    12/8/23 6:30:09 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Galata Acquisition Corp. Press Releases

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    Galata Acquisition Corp. Announces Cancellation of Extraordinary General Meeting

    Galata Acquisition Corp. ("Galata") announced today that its extraordinary general meeting of shareholders scheduled on July 12, 2023 (the "Extraordinary General Meeting") to vote on, among other things, a proposal to extend the date by which Galata must consummate a business combination has been cancelled. Galata determined that the Extraordinary General Meeting is no longer necessary due to the consummation of the previously announced business combination between Galata and Marti Technologies Inc., a Delaware corporation ("Marti") (the "Business Combination"), on July 10, 2023. Galata and Marti provided additional information related to the consummation of the Business Combination in a se

    7/10/23 4:02:00 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Galata and Marti Complete Business Combination

    The combined company's Class A Ordinary Shares and warrants to list on the NYSE American Stock Exchange under the symbols "MRT" and "MRTW", respectively, on July 11, 2023 Galata Acquisition Corp. ("Galata"), a Cayman Islands exempted company and a former U.S. publicly-listed special purpose acquisition company, today announced the closing of its previously announced business combination (the "Business Combination") with Marti Technologies Inc. ("Marti"), a Delaware corporation. The combined company, Marti Technologies, Inc. (formerly known as Galata Acquisition Corp., "Pubco"), a Cayman Islands exempted company, will commence trading of its Class A Ordinary Shares and warrants on the NYSE

    7/10/23 4:01:00 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Galata Acquisition Corp. and Marti Technologies Inc. Announce Shareholder Approval of Business Combination

    Galata Acquisition Corp. (the "Company") and Marti Technologies Inc. ("Marti") announced today that at an extraordinary general meeting (the "General Meeting") held yesterday, July 6, 2023, the Company's shareholders voted to approve the previously announced business combination between the Company and Marti (the "Business Combination") as well as other proposals related to the Business Combination as described in the definitive proxy statement/prospectus filed by the Company with the SEC on June 22, 2023 (the "Proxy Statement/Prospectus"). The Company plans to file the results of the General Meeting on a Form 8-K with the SEC today. The Business Combination is expected to close on July 1

    7/7/23 8:30:00 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Galata Acquisition Corp. Announces Updates to Its Proxy Statement/Prospectus and Extraordinary General Meeting in Connection with Its Proposed Business Combination with Marti Technologies Inc.

    Galata Acquisition Corp. (the "Company") announced today updates to its proxy statement/prospectus filed with the Securities and Exchange Commission (the "SEC") on June 22, 2023 (the "Proxy Statement/Prospectus") in connection with the extraordinary general meeting of the Company scheduled to be held on July 5, 2023 (the "Meeting") to, among other things, approve the proposed business combination with Marti Technologies Inc., a Delaware corporation ("Marti"). The Proxy Statement/Prospectus understated the estimated Class A ordinary share, par value $0.0001 per share ("Class A Ordinary Share"), redemption price per share. Based on the fair value of marketable securities held in the Company

    6/30/23 8:30:00 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Marti Reports Solid Fourth Quarter 2022 Performance; Introduces Car-pooling Service Pilot

    Marti Technologies Inc. ("Marti" or the "Company"), Turkey's leading mobility app, today announced its financial results for the fourth quarter of 2022. The Company delivered strong financial performance in the fourth quarter as net revenue increased by 84% to $6.3 million as compared to the same period in 2021, and average net revenue per ride increased by 31% compared to the same period in 2021 due to timely price increases in excess of depreciation of the Turkish Lira against the U.S. dollar. Operating expenses as a share of net revenue increased due to the launch of sub-scale operations in new markets. In addition, the launch of Marti's car-pooling service, including related marketi

    5/26/23 1:55:00 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Marti Reports Strong Third Quarter 2022 Financial Results

    Marti Technologies Inc. ("Marti" or the "Company"), Turkey's leading mobility app, today announced its financial results for the third quarter ended September 30, 2022. The Company delivered strong financial performance in the third quarter as net revenue increased by 23% to $8.9 million as compared to the same period in 2021, while adjusted EBITDA1 decreased by 38% as compared to the same period in 2021 with an adjusted EBITDA margin of 17% primarily due to the effects of inflation on operating expenses. Marti Founder and Chief Executive Officer Alper Oktem said: "We continued to scale our fleet in the third quarter of 2022, with 36,176 average daily vehicles deployed and 3.11 average da

    10/26/22 5:46:00 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Marti, Turkey's Leading Mobility App, to Go Public via a Merger with Galata Acquisition Corp.

    The #1 travel app in Turkey, Marti operates a fleet of e-mopeds, e-bikes, and e-scooters serviced by proprietary software systems and IoT infrastructure. With a single country focus and vertically integrated business model, Marti distinguishes itself from global peers in terms of unit economics, overall profitability, and capital efficiency. Turkey is the only G20 economy without a mobility superapp. The business combination transaction will give Marti resources to strengthen its market-leading position and continue to meet the mobility needs of its large addressable market. Transaction represents attractive entry valuation at 4.2x estimated 2023 fully deployed net revenue of $125 mi

    8/1/22 8:00:00 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Galata Acquisition Corp. Financials

    Live finance-specific insights

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    Marti Reports Solid Fourth Quarter 2022 Performance; Introduces Car-pooling Service Pilot

    Marti Technologies Inc. ("Marti" or the "Company"), Turkey's leading mobility app, today announced its financial results for the fourth quarter of 2022. The Company delivered strong financial performance in the fourth quarter as net revenue increased by 84% to $6.3 million as compared to the same period in 2021, and average net revenue per ride increased by 31% compared to the same period in 2021 due to timely price increases in excess of depreciation of the Turkish Lira against the U.S. dollar. Operating expenses as a share of net revenue increased due to the launch of sub-scale operations in new markets. In addition, the launch of Marti's car-pooling service, including related marketi

    5/26/23 1:55:00 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Marti Reports Strong Third Quarter 2022 Financial Results

    Marti Technologies Inc. ("Marti" or the "Company"), Turkey's leading mobility app, today announced its financial results for the third quarter ended September 30, 2022. The Company delivered strong financial performance in the third quarter as net revenue increased by 23% to $8.9 million as compared to the same period in 2021, while adjusted EBITDA1 decreased by 38% as compared to the same period in 2021 with an adjusted EBITDA margin of 17% primarily due to the effects of inflation on operating expenses. Marti Founder and Chief Executive Officer Alper Oktem said: "We continued to scale our fleet in the third quarter of 2022, with 36,176 average daily vehicles deployed and 3.11 average da

    10/26/22 5:46:00 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    Galata Acquisition Corp. Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    SEC Form SC 13G/A filed by Galata Acquisition Corp. (Amendment)

    SC 13G/A - Marti Technologies, Inc. (0001852767) (Subject)

    2/14/24 11:20:11 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13G filed by Galata Acquisition Corp.

    SC 13G - Marti Technologies, Inc. (0001852767) (Subject)

    2/13/24 8:32:23 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13G/A filed by Galata Acquisition Corp. (Amendment)

    SC 13G/A - Marti Technologies, Inc. (0001852767) (Subject)

    2/12/24 4:21:12 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13G/A filed by Galata Acquisition Corp. (Amendment)

    SC 13G/A - Marti Technologies, Inc. (0001852767) (Subject)

    2/9/24 11:06:32 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13G/A filed by Galata Acquisition Corp. (Amendment)

    SC 13G/A - Marti Technologies, Inc. (0001852767) (Subject)

    2/8/24 1:45:43 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13D/A filed by Galata Acquisition Corp. (Amendment)

    SC 13D/A - Marti Technologies, Inc. (0001852767) (Subject)

    11/22/23 4:15:14 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13D filed by Galata Acquisition Corp.

    SC 13D - Marti Technologies, Inc. (0001852767) (Subject)

    7/20/23 4:20:14 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13D filed by Galata Acquisition Corp.

    SC 13D - Marti Technologies, Inc. (0001852767) (Subject)

    7/20/23 4:06:31 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13D filed by Galata Acquisition Corp.

    SC 13D - Marti Technologies, Inc. (0001852767) (Subject)

    7/20/23 4:05:58 PM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary

    SEC Form SC 13G filed by Galata Acquisition Corp.

    SC 13G - Galata Acquisition Corp. (0001852767) (Subject)

    2/14/23 8:21:23 AM ET
    $GLTA
    Rental/Leasing Companies
    Consumer Discretionary