Marti Technologies, Inc.

Galata Acquisition Corp. (Nasdaq: GLTA) was a blank-check company that completed its initial public offering in 2021, targeting the technology and mobility sectors with a focus on emerging markets. Sponsored by Galata Parent LLC, the SPAC announced a business combination with Marti Technologies, Inc., a Turkish app-based micro-mobility operator providing e-scooter, e-bike, and e-moped services across cities in Turkey. The May 2023 8-K filing reflects a material corporate development in the de-SPAC process ahead of the transaction's eventual closing, after which the combined company began trading on NYSE American under the ticker MRTI. For complete filing history, deal terms, sponsor details, and post-merger performance data on Galata Acquisition Corp. and Marti Technologies, create a free account at SpacDesk.