Company: MRT
Filing Date: 2025-08-21
Form Type: 424B3
Source: 0001213900-25-079368
Chunk: 17

Company: Marti Technologies, Inc.
Filing Date: 2025-08-21
Form: 424B3
Chunk 17
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 notwithstanding
the subsequent transfer of the Ordinary Shares in respect of which the call was made.

If a call or installment of
a call remains unpaid after it has become due and payable the Board may give to the person from whom it is due not less than fourteen
(14) clear days’ notice requiring payment of the amount unpaid together with any interest which may have accrued and any expenses
incurred by us by reason of such non-payment. The notice shall specify where payment is to be made and shall state that if the notice
is not complied with the Ordinary Shares in respect of which the call was made will be liable to be forfeited.

Redemption and Repurchase of Shares

Subject to the provisions of
the Companies Act, we may issue shares that are to be redeemed or are liable to be redeemed at the option of us or the shareholder. The
redemption of such shares will be effected in such manner and upon such other terms as our Board determine before the issue of the shares.
We may also purchase our own shares (including any redeemable shares) on such terms and in such manner as the Board may determine and
agree with the relevant shareholder(s). As of December 31, 2024, the company has not issued any shares that are to be redeemed or are
liable to be redeemed at the option of the company or the shareholder.

Share Repurchase Program

In January 2024, our Board
authorized a share repurchase program under which we may repurchase up to $2.5 million of our outstanding Class A ordinary shares with
a ceiling price of $6.00 per share for the share repurchases (as amended, the “Repurchase Program”). Under the Repurchase
Program, we may repurchase Class A ordinary shares in privately negotiated or open-market transactions in accordance with applicable securities
laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Repurchase Program will terminate
on October 9, 2025, but the Board may periodically review the Repurchase Program and decide to extend its terms or increase the authorized
amount. The Repurchase Program may also be suspended or discontinued by the Board at any time. As of December 31, 2024, no Ordinary Shares
have been repurchased under the Repurchase Program.

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Exempted Company

We are an exempted company
limited by shares incorporated under the laws of the Cayman Islands.

The Companies Act distingu