Galata Acquisition Corp. II Business Summary

Galata Acquisition Corp. II (LATA) is a special purpose acquisition company (SPAC) that generates revenue through the eventual consummation of a business combination, currently holding approximately $172.5 million in trust following its September 2025 initial public offering. The company operates as a blank-check vehicle with a primary strategic focus on identifying and acquiring high-growth targets within the energy, financial technology (fintech), real estate, and technology sectors. Its business model is centered on providing a public-market exit for private entities, leveraging its capital to facilitate a merger, share exchange, or asset acquisition. In the competitive landscape of small-cap acquisition vehicles, LATA competes directly with other sector-focused SPACs such as StoneBridge Acquisition II Corp (APAC.U), Archimedes Tech SPAC Partners II Co (ATII.U), and FG Merger II Corp (FGMC.U), positioning itself as a specialized partner for firms seeking institutional-grade sponsorship and deep domain expertise. The leadership team is anchored by executives from Callaway Capital Management, an alternative asset manager specializing in mispriced risk and emerging markets. Chairman and Chief Investment Officer Daniel Freifeld is the founder of Callaway and previously served as a Senior Advisor at the U.S. Department of State and an associate at Harvard’s Geopolitics of Energy Project. Chief Executive Officer Craig Perry, a Managing Director at Callaway and former founder of Sabretooth Capital and Alpine Summit Energy Partners, brings a pedigree from King Street Capital and Tiger Management, having graduated summa cum laude from Princeton University. The executive suite is rounded out by President and COO William Weir, who manages Callaway’s daily operations and risk, and CFO Powers Spencer, an energy and healthcare finance specialist. The company is further supported by a high-profile board including retired Lieutenant General and former U.S. Ambassador to NATO Douglas Lute, with notable institutional backing from AQR Capital Management.