Sona Asset Management US LLC Purchases New Position in Galata Acquisition Corp. II $LATA

Posted by Francis Steltz on Jul 27th, 2026

Sona Asset Management US LLC purchased a new stake in shares of Galata Acquisition Corp. II (NASDAQ:LATA – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 141,207 shares of the company’s stock, valued at approximately $1,411,000.

Other large investors have also added to or reduced their stakes in the company. Condor Capital Management purchased a new stake in shares of Galata Acquisition Corp. II during the 4th quarter worth approximately $140,000. Deltec Asset Management LLC bought a new position in shares of Galata Acquisition Corp. II during the 4th quarter valued at approximately $149,000. ABC Arbitrage SA purchased a new position in shares of Galata Acquisition Corp. II in the fourth quarter valued at $199,000. Royal Bank of Canada purchased a new position in shares of Galata Acquisition Corp. II in the fourth quarter valued at $225,000. Finally, Virtu Financial LLC bought a new stake in Galata Acquisition Corp. II in the fourth quarter worth $320,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Galata Acquisition Corp. II in a research note on Tuesday, May 26th. They set a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Report on LATA

Galata Acquisition Corp. II Stock Down 0.1%

Shares of NASDAQ:LATA opened at $10.12 on Monday. Galata Acquisition Corp. II has a 12 month low of $9.91 and a 12 month high of $10.20. The firm has a 50-day simple moving average of $10.10.

About Galata Acquisition Corp. II

(Free Report)

Galata Acquisition Corp. II (NASDAQ: LATA) is a special purpose acquisition company (SPAC), also known as a blank‑check company, formed to effect mergers, share exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations with one or more businesses. As a publicly traded acquisition vehicle, the company raises capital through an initial public offering and holds proceeds in trust while seeking an operating company to combine with and take public through the SPAC structure.

The firm’s primary activities are identifying and evaluating potential targets, negotiating definitive agreements for business combinations, and completing the required shareholder approvals and regulatory filings to consummate transactions.