Galata Acquisition Corp. II’s Lock-Up Period Will End on March 18th (NASDAQ:LATAU)

Galata Acquisition Corp. II’s (NASDAQ:LATAU) lock-up period is set to end on Wednesday, March 18th. Galata Acquisition Corp. II had issued 15,000,000 shares in its IPO on September 19th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Galata Acquisition Corp. II Stock Up 15.5%

Galata Acquisition Corp. II stock opened at $11.67 on Wednesday. The company has a 50-day moving average price of $10.19. Galata Acquisition Corp. II has a 12 month low of $9.98 and a 12 month high of $10.62.

Institutional Investors Weigh In On Galata Acquisition Corp. II

A number of institutional investors have recently added to or reduced their stakes in LATAU. Schonfeld Strategic Advisors LLC increased its position in Galata Acquisition Corp. II by 42.8% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 30,993 shares of the company’s stock valued at $312,000 after acquiring an additional 9,293 shares during the period. PenderFund Capital Management Ltd. acquired a new position in shares of Galata Acquisition Corp. II during the third quarter worth $100,000. Condor Capital Management bought a new stake in shares of Galata Acquisition Corp. II in the third quarter worth $141,000. Deltec Asset Management LLC acquired a new stake in Galata Acquisition Corp. II in the third quarter valued at $150,000. Finally, Heights Capital Management Inc. acquired a new stake in Galata Acquisition Corp. II in the third quarter valued at $150,000.

About Galata Acquisition Corp. II

We are a blank check company incorporated on June 20, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.