Investigate Short Selling of MRT Stock


Investigate Short Selling of MRT Stock
The Issue
I am writing to spread awareness and get others to join this petition to investigate the almost 95% decline in MRT stock due to the possible short selling and naked short selling of Marti Technologies, Inc. stock, NYSE: MRT. The short selling possibly began as a result of the removal of lock-up restrictions of shares held by MRT affiliates and investors in MRT PIPE and De-SPAC merger. These lock-up restriction removals mentioned in the companies F-1 SEC filing (See below) have possibly contributed to aggressive, predatory and/or illegal short selling of MRT stock and the decline of almost 95% since the IPO on July 11, 2023. The stocks decline is now hundreds of millions in market value and has likely cost investors tens of millions in losses. Thus far Marti has officially remained silent on the continued decline of the stock, but the Marti Founder and CEO Oguz Alper Oktem stated during an August 1, 2023 interview on Turkish television (See video link below) that volatility is normal for stocks after IPO. Yes some volatility is common, but a company losing approximately 95% market cap in a month is not normal volatility. Marti needs to formally address the abnormal decline of the companies stock and publicly disclose what their plan is to stop the systematic destruction of our investment. This petition does not accuse anyone of illegal activity, it is to get Marti and the board of directors, specifically our founder and CEO Mr. Oguz Alper Oktem, to provide a public statement and begin an internal investigation and work with the SEC and FINRA into the trading and decline in MRT stock. If there has been wrongdoing then it needs to be investigated and stopped. We seek justice for all MRT shareholders from retail investors to Marti employees who are also shareholders. Sign now to demand justice for MRT Shareholders!
https://m.youtube.com/watch?v=KAJi-rPbmG4&t=11s
https://www.youtube.com/watch?v=2JG9hfdR07Q
https://www.sec.gov/ix?doc=/Archives/edgar/data/1852767/000110465923085871/mrt-20221231xf1.htm
The views expressed represent the opinions of the shareholder. This petition should not be construed as legal, tax, investment or financial advice. Conduct your own due diligence, research and analysis. Image by Freepik.
311
The Issue
I am writing to spread awareness and get others to join this petition to investigate the almost 95% decline in MRT stock due to the possible short selling and naked short selling of Marti Technologies, Inc. stock, NYSE: MRT. The short selling possibly began as a result of the removal of lock-up restrictions of shares held by MRT affiliates and investors in MRT PIPE and De-SPAC merger. These lock-up restriction removals mentioned in the companies F-1 SEC filing (See below) have possibly contributed to aggressive, predatory and/or illegal short selling of MRT stock and the decline of almost 95% since the IPO on July 11, 2023. The stocks decline is now hundreds of millions in market value and has likely cost investors tens of millions in losses. Thus far Marti has officially remained silent on the continued decline of the stock, but the Marti Founder and CEO Oguz Alper Oktem stated during an August 1, 2023 interview on Turkish television (See video link below) that volatility is normal for stocks after IPO. Yes some volatility is common, but a company losing approximately 95% market cap in a month is not normal volatility. Marti needs to formally address the abnormal decline of the companies stock and publicly disclose what their plan is to stop the systematic destruction of our investment. This petition does not accuse anyone of illegal activity, it is to get Marti and the board of directors, specifically our founder and CEO Mr. Oguz Alper Oktem, to provide a public statement and begin an internal investigation and work with the SEC and FINRA into the trading and decline in MRT stock. If there has been wrongdoing then it needs to be investigated and stopped. We seek justice for all MRT shareholders from retail investors to Marti employees who are also shareholders. Sign now to demand justice for MRT Shareholders!
https://m.youtube.com/watch?v=KAJi-rPbmG4&t=11s
https://www.youtube.com/watch?v=2JG9hfdR07Q
https://www.sec.gov/ix?doc=/Archives/edgar/data/1852767/000110465923085871/mrt-20221231xf1.htm
The views expressed represent the opinions of the shareholder. This petition should not be construed as legal, tax, investment or financial advice. Conduct your own due diligence, research and analysis. Image by Freepik.
311
The Decision Makers
Petition created on August 7, 2023