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MGTE does not currently pay a dividend.
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Marblegate Capital Corporation, identified by the symbol MGTE, concentrates its business activities on the intricate market of New York City (NYC) taxi medallions. The company's operations encompass the acquisition, reorganization, and direct holding of loans specifically secured by these valuable NYC taxi medallions. Additionally, Marblegate Capital actively participates in the sector by leasing out these medallions through its own managed fleet of taxicabs. Essentially, the firm is a dedicated expert in the NYC taxi medallion industry, serving multiple roles as a financier, an asset proprietor, and a fleet management entity. Its principal office is located in Greenwich, Connecticut.
Philadelphia, Pennsylvania--(Newsfile Corp. - July 15, 2026) - Kaskela Law LLC announces that it is investigating Marblegate Capital Corp. (OTCQX: MGTE) ("Marblegate") on behalf of the company's stockholders. The investigation seeks to determine whether Marblegate and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions.
New financings include $120 million credit facility with DZ Bank, New York Branch, and $17.2 million term loan with Auxilior Capital Partners, Inc. Overall financing will help continue to power MCC's "driver-first" approach, modernizing and expanding Signal Taxi's fleet, improving the driver experience, exploring new growth opportunities, and other corporate purposes NEW YORK, Jan. 5, 2026 /PRNewswire/ -- Marblegate Capital Corporation (MCC), the largest full-service fleet operator and specialty finance lender in the New York City (NYC) taxi market, today announced it has closed on two financing transactions totaling approximately $137 million to support the expansion and enhancement of the operation of its full-service fleet operator, Signal Taxi. The total financing will enable Signal Taxi to continue to invest and enhance the driver experience, expand its holdings of medallions and wheelchair accessible vehicles (WAVs), explore potential growth initiatives, and other general corporate purposes.
The original Taxi Clubhouse was a first-of-its-kind location providing private space for taxi drivers to take a break, relax, rejuvenate, eat, socialize, and pray Taxi Clubhouse recently surpassed 100,000 visits as overall use surges, with total annual visits up nearly 25% through just the first seven months of 2025 The two new Taxi Clubhouses are part of Marblegate Capital Corporation's latest initiative to drive positive change for NYC taxi drivers NEW YORK , Aug. 19, 2025 /PRNewswire/ -- Marblegate Capital Corporation (MCC), the largest full-service fleet operator and specialty finance lender in the New York City (NYC) taxi market, today announced a commitment to open two additional Taxi Clubhouses in New York City in the coming months. These new Taxi Clubhouses would expand on the program that Marblegate initially debuted in 2023, when it opened the city's first-of-its-kind Taxi Clubhouse on West 22nd Street in Chelsea.
Hutchby brings over two decades of experience in corporate development, capital markets and mergers and acquisitions, most recently serving as Chief Financial Officer and Controller at Cherry Hill Mortgage Investment Corporation NEW YORK , July 1, 2025 /PRNewswire/ -- Marblegate Capital Corporation (MCC), a publicly traded company (OTCQX: MGTE), announced that it has appointed Michael Hutchby as Chief Financial Officer, effective July 3, 2025. Hutchby will be replacing current Chief Financial Officer, Jeffrey Kravetz, who will help effect a smooth and orderly transition before departing MCC effective July 3, 2025 to focus on his responsibilities at Marblegate Asset Management.
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.