---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-140582"
form_type: "8-K"
ticker: "MRT"
cik: "0001852767"
company_name: "Marti Technologies, Inc."
filed_at: "2021-11-17T23:59:59+00:00"
generated_at: "2026-06-28T07:30:29.086660+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Galata Acquisition restates July 13 balance sheet; reclassifies redeemable shares out of permanent equity

## Summary
- Restating July 13, 2021 balance sheet to reclassify Class A ordinary shares subject to redemption as temporary equity, not permanent equity.
- Management identified material weakness in ICFR and ineffective disclosure controls due to classification error.
- Restatement follows SEC staff guidance on redeemable equity instruments for SPACs.
- Remediation plan detailed in Q3 Form 10-Q filed November 15, 2021; Marcum LLP consulted.

## SEC filing metadata
- accession: 0001104659-21-140582
- form_type: 8-K
- ticker: MRT
- cik: 0001852767
- company_name: Marti Technologies, Inc.
- filed_at: 2021-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852767/000110465921140582/0001104659-21-140582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852767/000110465921140582/tm2133246d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-140582
- JSON: https://secwatch.observer/filing/0001104659-21-140582.json
- Plain text: https://secwatch.observer/filing/0001104659-21-140582.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.