Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 10

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 10
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 this prospectus, any related prospectus supplement and any related free writing prospectus in their entirety before making an investment decision. Some of the statements in this prospectus constitute forward-looking statements that involve risks and uncertainties. See “Cautionary Note Regarding Forward-Looking Statements” for more information.

The Company

Marti is Türkiye’s
leading urban mobility platform, helping to solve the country’s transportation needs through tech-enabled services powered by a
single mobility super app.

Marti aims to offer tech-enabled
urban transportation services to riders across Türkiye through two service offerings in the country’s major metropolitan areas:
ride-hailing and two-wheeled electric vehicles. Our ride-hailing service matches riders with car, motorcycle, and taxi drivers. Our two-wheeled
electric vehicle service offers a shared mobility solution through a Company-owned and operated fleet of e-mopeds, e-bikes and e-scooters,
with each transportation modality serving different distances, comfort levels, and price points. We are continuously exploring new service
offerings to expand our customer base and establish ourselves as the preferred solution for all mobility needs.

Marti is the number one urban
mobility app in Türkiye across iOS and Android, as measured by the total number of downloads among all apps in the urban mobility
and ride-hailing and sharing, taxi-hailing and sharing category of both stores which serve within city rather than between city transportation.

Marti first launched its ride-hailing
operations in October 2022, with car-hailing and motorcycle-hailing, later expanding to include taxi-hailing in February 2024. Since launch,
our ride-hailing operations have rapidly grown into an at scale ride-hailing operator, delivering millions of rides through our technology-driven
platform. In the first two years, we did not charge for our ride-hailing service, but rather managed our ride-hailing operations focused
primarily on the growth of its operations through a dedicated team. In October 2024, we began monetizing our ride-hailing service in the
form of driver subscription packages in which drivers may purchase the right to receive ride requests from riders. In January 2025, we
launched a dynamic pricing model designed to improve service efficiency and enhance rider and driver satisfaction in our ride-hailing
service by offering real-time fare adjustments and enhanced earnings for drivers based on supply and demand and reduced rider wait times.
Our subscription package prices are set to dynamically adjust to reflect the level of real-time ride requests that Marti directs