Marblegate Capital Corporation (MGTE)

Marblegate Capital Corporation, together with its subsidiaries, operates as a vertically integrated full-service fleet operator and specialty finance lender and service provider in the New York City taxi market in the United States. It operates in two segments, Specialty Finance and Fleet Operations. The Specialty Finance segment owns and services a portfolio of loans primarily collateralized by NYC taxi medallions from loan resolution activities, such as medallion loan portfolio, and loan resolution and restructuring. The Fleet Operations segment operates a taxi fleet, as well as leases taxicab vehicles and medallions to drivers. The company was incorporated in 2023 and is based in Greenwich, Connecticut.