Siyata Mobile (NASDAQ: SYTA, SYTAW), a global vendor of push-to-talk over cellular (“PoC”) devices and cellular signal booster systems, today announced the pricing of a public offering of 50,000,000 common shares, each at a price of $0.045. The company expects approximately $2.25 million in gross proceeds, prior to deducting placement agent fees, commissions and other offering expenses. Subject to customary conditions, the offering is expected to close on or about June 28, 2023. Maxim Group LLC is acting as the sole placement agent in connection with the offering.
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About Siyata Mobile Inc.
Siyata Mobile is a B2B global vendor of next-generation push-to-talk over cellular devices, cellular booster systems and video monitoring solutions. Its portfolio of in-vehicle and rugged devices enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives. Its portfolio of enterprise-grade and consumer cellular booster systems enables first responders and enterprise workers to amplify cellular signals in remote areas, inside structural buildings where signals are weak, and within vehicles for the maximum cellular signal strength possible. For its video monitoring system, Siyata integrates software that it licenses with off-the-shelf hardware providing its customers with an integrated advanced camera system for management and visual monitoring of their fleet vehicles. Siyata’s common shares and previously issued warrants trade on the Nasdaq under the symbols SYTA and SYTAW, respectively. For more information about the company, visit www.SiyataMobile.com and UnidenCellular.com.
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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