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PRNewsWire
6 months ago
Marblegate Capital Corporation Announces Completion of Business Combination with Marblegate Acquisition Corp. and DePalma Companies to Establish Publicly Listed Vertically Integrated NYC Taxi Medallion Lender and Fleet Operator
Marblegate positioned to leverage its successful record of driving positive change in the taxi industry to deliver value for owners, drivers, and investors Firm was pivotal to the success of NYC Taxi Medallion MRP+ program which has been hailed by federal, state and city officials for stabilizing the industry NEW YORK , April 10, 2025 /PRNewswire/ -- Marblegate Capital Corporation (MCC) and Marblegate Acquisition Corp. (MAC) (previously Nasdaq: GATE), a publicly traded special purpose acquisition company sponsored by Marblegate Asset Management (Marblegate), an investment management firm that focuses on distressed and special situation investing, announced the completion of their business combination and merger with DePalma Acquisition I LLC and DePalma Acquisition II LLC (together, the DePalma Companies). The common stock and warrants of MCC began trading today, April 10, 2025, on OTCQX® Best Market operated on The OTC Market systems under the symbols MGTE and MGTEW, respectively.
