Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of push-to-talk over cellular (“PoC”) handsets and accessories, today announced the pricing of its public offering. The offering comprises approximately $4 million of common shares and/or pre-funded warrants to purchase common shares at a public offering price of $1.70 per share (minus $0.01 per pre-funded warrant). The company plans to use the proceeds of the offering for working capital, general corporate purposes, and payments to a third-party marketing agency for services related to marketing and advertising. The offering is expected to close on August 15, 2024, subject to customary closing conditions.
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About Siyata Mobile Inc.
Siyata Mobile is a B2B global developer and vendor of next-generation push-to-talk (“PTT”) over cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today. In support of its PTT handsets and accessories, Siyata also offers enterprise-grade in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. Siyata’s common shares trade on the Nasdaq under the symbol SYTA. Visit www.Siyata.net and UnidenCellular.com to learn more.
NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at https://ibn.fm/SYTA
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