Siyata Mobile Announces Closing of approximately $6.0 Million Public Offering of Common Shares and Pre-Funded Warrants
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 28 2024
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Source: Newsfilter
- Siyata Mobile Public Offering: Siyata Mobile Inc. closed a public offering of approximately $6.0 million of common shares and pre-funded warrants at $0.58 per share.
- Use of Proceeds: The company plans to use the proceeds for working capital, general corporate purposes, payments to a marketing agency, advertising services, and potential future acquisitions.
- Offering Details: Dominari Securities LLC acted as the sole placement agent for the offering, conducted under the Company's registration statement on Form F-1.
- About Siyata Mobile: Siyata Mobile is a global developer of Push-To-Talk over Cellular handsets and accessories, catering to first responders, enterprise workers, and various organizations.
- Forward Looking Statements: The press release contains forward-looking statements subject to risks and uncertainties, with the company not obligated to publicly release revisions unless required by law.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
