Business Context and Reporting Period
This Form 6-K filing by Marti Technologies, Inc. covers the month of June 2026. The report addresses a significant legal development involving the Company's subsidiary, Marti İleri Teknoloji A.Ş, regarding its ride-hailing operations in Turkey.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a legal matter and does not contain financial performance data.
Material Changes and Legal Proceedings
On June 24, 2026, the Istanbul 14th Commercial Court of First Instance issued a decision in Case No. 2024/768 concerning unfair competition claims brought by Turkish drivers' and automobile trade associations.
- Ride-Hailing Service: The Court partially granted the plaintiffs' claims, ruling that the Company's ride-hailing service constitutes unfair competition under the Turkish Commercial Code.
- Interim Injunction: The Court rejected the request for an interim injunction to block access to the Company's website and mobile applications.
- Other Services: Claims regarding e-scooter and e-moped services were rejected, as the Court found unfair competition was not established for these segments.
- Operational Status: All services, including ride-hailing, two-wheeled electric vehicles, and delivery services, continue to operate uninterrupted.
Guidance, Outlook, and Management Commentary
Management intends to appeal the Court of First Instance's decision to the Istanbul Regional Court of Appeals within the statutory two-week period following receipt of the reasoned decision. As of the filing date (June 26, 2026), the reasoned decision has not yet been delivered to the Company. The filing includes standard forward-looking statements regarding the appeal and potential impacts, noting that actual results may differ due to known and unknown risks.
Investor Verification Checklist
- Verify the receipt date of the reasoned decision from the Court of First Instance to confirm the exact deadline for the appeal.
- Monitor the status of the appeal at the Istanbul Regional Court of Appeals.
- Assess potential future regulatory or operational impacts on the ride-hailing segment in Turkey despite the current uninterrupted operations.
- Review the Company's Annual Report on Form 20-F for detailed risk factors related to legal proceedings in Turkey.