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II FY2025 net income rises to $1.5 million; revenue posts no revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=2622884713","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2622884713?lang=en_us&edition=fundamental","pubTime":"2026-03-27 18:02","pubTimestamp":1774605770,"startTime":"0","endTime":"0","summary":"Galata Acquisition published an annual report  reporting net income of USD 1.5 million, reflecting USD 1.8 million of interest income on trust investments and USD 281,704 of general and administrative fees.Cash used in operating activities was USD 365,659, while cash held outside the trust account totaled USD 954,585 as of Dec. 31, 2025.Marketable securities held in the trust account were USD 174.3 million as of Dec. 31, 2025, consisting of U.S. Treasury bills with maturities of 185 days or less.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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