Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 188

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 11
Chunk 188
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2024, 2023, and 2022.

In addition, we intend to rely on the other exemptions
and reduced reporting requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, if, as an emerging
growth company, we intend to rely on such exemptions, we are not required to, among other things: (a) provide an auditor’s attestation
report on our system of internal control over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act: (b) provide all
of the compensation disclosure that may be required of non-emerging growth public companies under the Dodd-Frank Wall Street Reform and
Consumer Protection Act; (c) comply with any requirement that may be adopted by the Public Company Accounting Oversight Board regarding
mandatory audit firm rotation or a supplement to the auditor’s report providing additional information about the audit and the consolidated
financial statements (auditor discussion and analysis); and (d) disclose certain executive compensation-related items such as the correlation
between executive compensation and performance and comparisons of the Chief Executive Officer’s compensation to median employee
compensation.

We will remain an emerging growth company under
the JOBS Act until the earliest of (a) the last day of our first fiscal year following the fifth anniversary of the initial public offering,
(b) the last date of our fiscal year in which we have total annual gross revenue of at least $1.235 billion, (c) the date on which we
are deemed to be a “large accelerated filer” under the rules of the SEC with at least $700.0 million of outstanding securities
held by non-affiliates or (d) the date on which we have issued more than $1.0 billion in non-convertible debt securities during the previous
three years.

ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES