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Galata Acquisition Corp   (GLTA)
Other Ticker:  
 
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services
 
Price: $10.7300 $-4.07 -27.500%
Day's High: $15.264 Week Perf: 1.71 %
Day's Low: $ 10.35 30 Day Perf: 1.9 %
Volume (M): 333 52 Wk High: $ 17.72
Volume (M$): $ 3,572 52 Wk Avg: $10.53
Open: $13.56 52 Wk Low: $8.77



 Market Capitalization (Millions $) 154
 Shares Outstanding (Millions) 14
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Galata Acquisition Corp
Galata Acquisition Corp is a special purpose acquisition company (SPAC) that was formed to foster the completion of a merger, capital stock exchange, asset acquisition, stock purchase, or other similar business combination. The company's objective is to identify and acquire a target company, typically in the industrial, energy, technology, or healthcare sectors, with strong growth prospects and the potential for long-term value creation. Galata Acquisition Corp aims to provide investors with an opportunity to participate in the growth of an emerging company or industry through its strategic mergers and acquisitions.


   Company Address: 2001 S Street NW Suite 320 20009 DC
   Company Phone Number: 866-0901   Stock Exchange / Ticker: NYSEAMER GLTA
   GLTA is expected to report next financial results on March 30, 2024.


   

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Galata Acquisition Corp

Galata Acquisition Corp outshines stock market with impressive Q1 financial report, recording significant rise amidst challenging times!

Galata Acquisition Corp (GLTA) is a company operating in the Rental & Leasing sector, and recently, it declared its earnings for the fiscal period closing on March 31, 2023. The company announced an operating loss of $-0.357226 million, which is a significant improvement compared to the same period a year ago when the operating loss stood at $-0.838607 million. This positive result has been considered a promising revelation, especially in the absence of better references.
The market observers have affirmed their confidence in GLTA, as this financial reporting period has been quite bullish for the company. Despite not generating any revenue sources thus far, GLTA has managed to reduce its operating loss and improve its financial performance. This development indicates potential growth and positive prospects for the future.






 




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