Galata Acquisition Corp. And Marti Technologies Inc. Announce Shareholder Approval Of Business Combination
Portfolio Pulse from Happy Mohamed
Galata Acquisition Corp. and Marti Technologies Inc. have announced that their shareholders have approved the previously announced business combination. The combined company will operate as Marti Technologies, Inc. and its shares and warrants are expected to trade on the NYSE American Stock Exchange under the symbols 'MRT' and 'MRTW', respectively, switching from the symbol 'GLTA'. The business combination is expected to close on July 10, 2023.
July 07, 2023 | 12:32 pm
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POSITIVE IMPACT
Galata Acquisition Corp.'s stock symbol will change to 'MRT' following the business combination with Marti Technologies. This could lead to increased visibility and potentially positive price action.
The business combination and subsequent change in stock symbol could lead to increased visibility for the company on the stock market. This, coupled with the positive sentiment surrounding the approval of the business combination, could potentially lead to positive price action in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100