Marti Technologies, Inc. (MRT) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 13, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 35.17% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
78M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

MRT currently has 78M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 35.17% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 13, 2026

20-F filing | 78.0M shares outstanding

78M 0
Apr 29, 2025

20-F filing | 59.0M shares outstanding

59M 0
Aug 30, 2024

POS AM filing: This POS AM filing registers for resale up to 85,226,425 Ordinary Shares by the Selling Securityholders named in the prospectus. The company will not receive any proceeds from these sales.

57M 0
May 15, 2024

POS AM filing: This is a POS AM filing for the resale of up to 85,226,425 Ordinary Shares by the Selling Securityholders.

57M 0
Apr 16, 2024

20-F filing | 57.0M shares outstanding

57M 68M
Jul 31, 2023

F-1 filing: This F-1 filing includes the registration for resale of ordinary shares and warrants by selling securityholders, as well as ordinary shares offered upon exercise of warrants.

49M 76M
May 17, 2023

10-Q filing | 3.6M shares outstanding

3.6M 0
Mar 31, 2023

10-K filing | 3.6M shares outstanding

3.6M 0
Nov 14, 2022

10-Q filing | 3.6M shares outstanding

3.6M 0
Aug 11, 2022

10-Q filing | 3.6M shares outstanding

3.6M 0
Aug 01, 2022

8-K filing: Galata Acquisition Corp. entered into a Business Combination Agreement with Marti Technologies Inc., involving a merger and conversion of securities, with potential earnout shares and various related agreements, to be voted on by shareholders.

3.6M 0
May 20, 2022

10-Q filing | 3.6M shares outstanding

3.6M 0
Mar 31, 2022

10-K filing | 3.6M shares outstanding

3.6M 0
Nov 15, 2021

10-Q filing | 3.6M shares outstanding

3.6M 0
Aug 23, 2021

10-Q filing | 3.6M shares outstanding

3.6M 0
Jul 20, 2021

8-K filing: Galata Acquisition Corp. consummated its initial public offering of 12,500,000 units at $10.00 per unit, generating gross proceeds of $125,000,000, and completed a private placement of 6,500,000 warrants at $1.00 per warrant, generating gross proceeds of $6,500,000. Additionally, the underwriters exercised their over-allotment option and purchased 1,875,000 additional Units at $10.00 per Unit, generating gross proceeds of $18,750,000. ($150.25M proceeds)

3.6M 0
Jul 14, 2021

8-K filing: Galata Acquisition Corp. consummated an initial public offering of 12,500,000 units at $10.00 per unit and a private placement of 6,500,000 warrants to Galata Acquisition Sponsor, LLC at $1.00 per warrant. ($131.5M proceeds)

3.6M 0
Jun 28, 2021

S-1/A filing: Galata Acquisition Corp. is offering 12,500,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one warrant; the company is also offering 6,500,000 private placement warrants to its sponsor.

3.6M 19M
Jun 23, 2021

S-1/A filing: Galata Acquisition Corp. is offering 12,500,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one warrant; and is also offering 4,000,000 private placement warrants to the sponsor.

3.6M 17M
Jun 07, 2021

S-1/A filing: Galata Acquisition Corp. is offering 12,500,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one warrant.

3.6M 17M
Apr 02, 2021

S-1 filing: Galata Acquisition Corp. is offering 12,500,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one warrant.

3.6M 17M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime