Company: MRT
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036882
Chunk: 90

Company: Marti Technologies, Inc.
Filing Date: 2025-04-29
Form: 20-F
Item: Item 4
Chunk 90
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ITEM 4. INFORMATION ON THE COMPANY

  History and Development of the Company  

Marti Technologies, Inc. (formerly known as Galata
Acquisition Corp.) is an exempted company limited by shares, incorporated under the laws of the Cayman Islands on February 26, 2021.

On July 10, 2023, we consummated a business combination
pursuant to the Business Combination Agreement, dated as of July 29, 2022, as amended on April 28, 2023, by and among us, Galata Merger
Sub Inc., a Delaware corporation and direct, wholly owned subsidiary of the Company (“ Merger Sub”) and Marti Delaware. The
Business Combination Agreement provided that the parties thereto enter into the “ Business Combination” pursuant to which,
among other things, (i) Merger Sub merged with and into Marti Delaware (the “ Merger”) with Marti Delaware surviving the Merger
as a wholly owned subsidiary, and (ii) as a result of the Merger, as of the end of the day immediately preceding the closing, we became
a U. S. corporation for U. S. federal income tax purposes by reason of Section 7874(b) of the U. S. Internal Revenue Code of 1986, as amended
(the “ Code”), in a transaction that qualifies as a “reorganization” within the meaning of Section 368(a) of the
Code, pursuant to U. S. Treasury Regulations issued pursuant to the Code.

Our registered office is Stuarts Corporate Services
Ltd., P. O. Box 2510, Kensington House, 69 Dr Roy’s Drive, George Town, Grand Cayman KY1-1104, and our principal executive office
is Buyukdere Cd. No:237, Maslak, 34485, Sariyer/Istanbul, Türkiye. Our phone number is + 0 (850) 308 34 19. Our website address is
www. marti. tech. The information accessible on our website does not form a part of, and is not incorporated by reference in, this Annual
Report. We have included our website address in this Annual Report solely for informational purposes. The SEC maintains a website at www. sec. gov
where you may access reports and other information that we file with or furnish to the SEC. Our agent for service of process in the United
States is Cogency Global Inc., 122 East