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Turkish Bike-Riding App Marti to List in New York Via SPAC

  • Deal with Galata Acquisition expected to close this year
  • SPAC market has cooled amid poor returns, regulatory scrutiny
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Source: Marti Ileri Teknoloji AS
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Turkey’s electric scooter and bike-sharing app Marti is preparing to go public in New York through a merger with a blank-check company, according to people with knowledge of the matter.