InvestorNewsBreaks – Siyata Mobile Inc. (NASDAQ: SYTA)Sets Pricing of Approximately $6M Public Offering

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of push-to-talk over cellular (“PoC”) handsets and accessories, has announced the pricing of a public offering of approximately $6 million of common shares and/or pre-funded warrants to purchase common shares. The company has set a public offering price of $0.58 per unit (minus $0.01 per pre-funded warrant). Siyata Mobile plans to use the proceeds of the offering for working capital, general corporate purposes, payments to third-party marketing agency for services related to marketing and advertising, strategic investments, and any additional future acquisitions, if any. The company expects the offering to close on June 28, 2024, subject to customary closing conditions. Dominari Securities LLC is acting as the sole placement agent for the offering.

To view the full press release, visit https://ibn.fm/FgZFe

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 and its previously issued warrants trade on the Nasdaq under the symbols SYTA and SYTAW, respectively. 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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