Siyata Mobile Announces Pricing of $1.6 Million Public Offering of Common Shares
Summary
VANCOUVER, BC October 27, 2023 Siyata Mobile Inc. (Nasdaq:SYTA)(Nasdaq:SYTAW) (Siyata or the Company), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced the pricing of a public offering of 2,400,000 common shares (or pre-funded warrants to purchase common shares in lieu thereof) at a public offering price of $0.65 per share. Copies of the final prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022,Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.comThis press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk 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 our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our 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.Siyatas common shares trade on the Nasdaq under the symbol SYTA and its previously issued warrants trade on the Nasdaq under the symbol SYTAW.Visit siyatamobile.com and unidencellular.com to learn more.This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading Risk Factors in Siyatas filings with the Securities and Exchange Commission (SEC) and in subsequent filings with the SEC.