Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 86

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 3
Chunk 86
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 on Form 8-K with the SEC; (ii) the sections of the Exchange Act regulating the solicitation of proxies,
consents, or authorizations in respect of a security registered under the Exchange Act; (iii) the sections of the Exchange Act requiring
insiders to file public reports of their share ownership and trading activities and liability for insiders who profit from trades made
in a short period of time; and (iv) the selective disclosure rules by issuers of material nonpublic information under Regulation FD.

We are required to file an annual report on Form
20-F within four months of the end of each fiscal year. Press releases relating to financial results and material events will also
be furnished to the SEC on Form 6-K. However, the information we are required to file with or furnish to the SEC will be less extensive
and less timely compared to that required to be filed with the SEC by U. S. domestic issuers. Accordingly, if you hold Ordinary Shares,
you may receive less or different information about us that you would receive about a U. S. domestic public company.

The determination of foreign private issuer status
is made annually on the last business day of an issuer’s most recently completed second fiscal quarter and, accordingly, the next
determination will be made with respect to us on June 30, 2025.

In the future, we could lose our status as a foreign
private issuer under current SEC rules and regulations if more than 50% of our outstanding voting securities become directly or indirectly
held of record by U. S. holders and any one of the following is true: (i) the majority of our directors or executive officers are
U. S. citizens or residents; (ii) more than 50% of our assets are located in the United States; or (iii) our business is administered
principally in the United States. If we lose our status as a foreign private issuer in the future, we will no longer be exempt from the
rules described above and, among other things, will be required to file periodic reports and annual and quarterly financial statements
as if we were a company incorporated in the United States. If this were to happen, we would likely incur substantial costs in fulfilling
these additional regulatory requirements, including costs related to the preparation of financial statements and members of our management
would likely have to divert time and resources from other responsibilities to ensuring these additional regulatory requirements are fulfilled.

As an exempted company limited by shares
incorporated in the