Techmediabreaks Siyata Mobile Inc. (NASDAQ: SYTA) Closes On Common Share, Prefunded Warrant Public Offering

(MENAFN- Investor Brand Network) Siyata Mobile (NASDAQ: SYTA, SYTAW) , a global vendor of Push-to-Talk over Cellular (“PoC”) handsets and accessories, has closed on its previously announced public offering. The offering is comprised of common shares and/or prefunded warrants priced at $1.30 per share. The offering resulted in gross proceeds of an estimated $3.9 million for Siyata Mobile, before standard deductions and fees. The company anticipates using the funds from the current offering for working capital, general corporate purposes, payments to a third-party marketing agency for services related to marketing and advertising and potential future acquisitions. Spartan Capital Securities LLC acted as the sole placement agent in connection with the offering.“We have been making a lot of traction in our U.S. sales efforts and are happy to have priced this equity-only financing, which will fuel our growth in 2024,” said Siyata Mobile CEO Marc Seelenfreund in the press release.“Push to Talk over Cellular is a multibillion-dollar market, and we plan to make Siyata into the global leader of this industry.”

To view the full press release, visit

About Siyata Mobile Inc.

Siyata Mobile is a business-to-business (“B2B”) global developer and vendor of next-generation, Push-to-Talk (“PTT”) over cellular (“POC”) 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. In support of its Push-to-Talk 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, 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. For more information about the company, visit or .

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company's newsroom at

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