
Marblegate Capital Corporation Closes on $137 Million in Financings to Support Fleet Operations Growth, Strategic Initiatives | MGTE Stock News

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Marblegate Capital Corporation (MCC) has secured $137 million in financing, including a $120 million credit facility with DZ Bank and a $17.2 million term loan with Auxilior Capital Partners. This funding will support the growth of Signal Taxi's fleet operations, enhance driver experiences, and explore new growth opportunities. MCC aims to expand its holdings of medallions and wheelchair accessible vehicles, and plans to open two additional Taxi Clubhouses in NYC. MCC is positioned as a leading player in the NYC taxi market, focusing on positive industry transformation.
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