{"url_path":"/sec/lata/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2076427/0001213900-26-057000-index.html","accession_number":"0001213900-26-057000","cik":"0002076427","ticker":"LATA","issuer_name":"Galata Acquisition Corp. II","edgar_url":"https://www.sec.gov/Archives/edgar/data/2076427/0001213900-26-057000-index.html","primary_entity_key":"0002076427","primary_entity_name":"Galata Acquisition Corp. II"},"word_count":382,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.\n\n \n\nUnregistered Sales\nof Equity Securities\n\n \n\nThere were no sales of unregistered securities during the quarterly\nperiod covered by the Report. However, simultaneously with the closing of the Initial Public Offering and pursuant to the Private Placement\nWarrants Purchase Agreements, we completed the sale of an aggregate of 5,300,000 Private Placement Warrants to the Sponsor and BTIG in\nthe Private Placement at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to us of $5,300,0000. Of those\n5,300,000 Private Placement Warrants, the Sponsor purchased 3,575,000 Private Placement Warrants and BTIG purchased 1,725,000 Private\nPlacement Warrants. The Private Placement Warrants are identical to the Public Warrants, except as otherwise disclosed in the IPO Registration\nStatement. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private Placement Warrants\nwas made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.\n\n \n\n25 \n\n \n\n \n\nUse of Proceeds\n\n \n\nThere were no offerings of registered securities and therefore no planned\nuse of proceeds from such offerings during the quarterly period covered by the Report. For a description of the use of proceeds generated\nin our Initial Public Offering and Private Placement, see Part II, Item 2 of our 2025 Q3 Form 10-Q.There has been no material change in\nthe planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement. The\nspecific investments in our Trust Account may change from time to time.\n\n \n\nTo mitigate the risk that we might be deemed to be an investment company\nfor purposes of the Investment Company Act, which risk increases the longer that we hold investments in the Trust Account, we may, at\nany time (based on our Management Team’s ongoing assessment of all factors related to our potential status under the Investment\nCompany Act), instruct the trustee to liquidate the investments held in the Trust Account and instead to hold the funds in the Trust Account\nin cash or in an interest-bearing demand deposit account at a bank.\n\n \n\nPurchases of Equity Securities by the Issuer\nand Affiliated Purchasers\n\n \n\nThere were no purchases of\nour equity securities by us or an affiliate during the quarterly period covered by this Report."}