Galata Acquisition Corp. (the “Company”) and Marti Technologies Inc. (“Marti”) announced today that at an extraordinary general meeting (the “General Meeting”) held yesterday, July 6, 2023, the Company’s shareholders voted to approve the previously announced business combination between the Company and Marti (the “Business Combination”) as well as other proposals related to the Business Combination as described in the definitive proxy statement/prospectus filed by the Company with the SEC on June 22, 2023 (the “Proxy Statement/Prospectus”). The Company plans to file the results of the General Meeting on a Form 8-K with the SEC today.
The Business Combination is expected to close on July 10, 2023, subject to the satisfaction or waiver of certain other closing conditions as described in the Proxy Statement/Prospectus. Following the completion of the Business Combination, the newly combined company will operate as Marti Technologies, Inc. and its Class A Ordinary Shares and warrants are expected to trade on the NYSE American Stock Exchange (“NYSE American”) under the symbols “MRT” and “MRTW,” respectively. Assuming that the closing of the Business Combination is completed on Monday, July 10, 2023, trading will continue on NYSE American, switching from the symbol “GLTA” to the new symbol, “MRT,” at the open of trading on July 11, 2023.
“Today is an exciting day for our whole team at Marti,” said Alper Oktem, Founder and Chief Executive Officer of Marti. “Securing significant funding and becoming a public company supports our vision to build the first quintessential mobility super app for Türkiye, and we are excited about the future.”
“We’re glad to participate in Marti becoming a public company,” said Galata’s President, Daniel Freifeld. “Shareholder interest has been high, which we believe positions us all well for closing the transaction and a strong start.”
