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Seagull Opens to New York Stock Exchange: Official Clearance Received

  • June 12, 2023
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Founded in 2018 and gained momentum in a very short time Seagullhad reached a valuation of $100 million by April 2022. Martı, which has greatly contributed to the

Seagull Opens to New York Stock Exchange: Official Clearance Received

Founded in 2018 and gained momentum in a very short time Seagullhad reached a valuation of $100 million by April 2022. Martı, which has greatly contributed to the widespread use of electric scooters in Turkey, is now officially listed on the New York Stock Exchange.

Last year IPO on the New York Stock Exchange Martı, who applied to be accepted, received official approval from the SEC. Founder and CEO of Martı, Oğuz Alper Öktem, also made a statement on this topic.

Statement from the New York Stock Exchange of CEO Oğuz Alper Göktem:

Seagull

“With thousands of our employees, millions of users and more than 45,000 vehicles, we continue our work with our goal of bringing shared, eco-friendly, electric transportation throughout Turkey. With the process of opening to the New York Stock Exchange, Martı will grow more.
We believe that in the coming years all transport vehicles will be electrified and shared. Martı, which will be listed on the same exchange as the world’s largest economy, has the honor of being the first Turkish company to open directly to the NYSE.”

Gross cash flow on the company’s balance sheet was expected to be $280 million:

When Martı’s adventure began to open for the New York Stock Exchange last year, it was shared that the company was expected to bring in $280 million in gross cash on its balance sheet with the company’s opening for the stock market. No statement has yet been made on this.

By increasing the capital of the company after the IPO Expansion of the fleet And new services They are expected to have easy access to the resources they can provide. The company, which is taking firm steps to become a Transportation Super App in the world and in Turkey, wants to expand electric and environmentally friendly transport even further.

Source: Web Tekno

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