Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 89

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 3
Chunk 89
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4. A decrease in the price of our Ordinary Shares could impair our ability to raise capital through the sale of additional
equity securities. We are unable to predict the effect that such sales may have on the prevailing market price of our Ordinary Shares.

Certain existing shareholders purchased
our securities at a price below the current trading price of such securities, and may experience a positive investment return based on
the current trading price, and may realize significant profits. Future investors in the Company may not experience a similar investment
return.

Certain of our shareholders acquired Ordinary
Shares at prices below the current trading price of our Ordinary Shares, and may experience a positive investment return based on the
current trading price.

Given the relatively lower purchase prices that
some of our shareholders paid to acquire Ordinary Shares compared to the current trading price of our Ordinary Shares, these shareholders
in some instances will earn a positive rate of return on their investment, which may be a significant positive rate of return, depending
on the market price of our Ordinary Shares at the time that such shareholders choose to sell their Ordinary Shares. Investors who purchase
our Ordinary Shares in the open market may not experience a similar rate of return on the securities they purchase due to differences
in the purchase prices and the current trading price. Additionally, even though our Ordinary Shares may be trading at a price below the
trading price of Galata’s ordinary shares prior to the Business Combination, certain affiliates of Galata Acquisition Sponsor, LLC
(“ Sponsor”) may still be incentivized to sell their shares due to the relatively lower price they paid to acquire such shares.

ITEM 4. INFORMATION ON THE COMPANY