Siyata announces pricing of $4.0 million registered direct offering

Vancouver, bc / accesswire / october 10, 2022 / siyata mobile inc. (nasdaq:syta/sytaw) ("siyata" or the "company"), a global vendor of push-to-talk over cellular (poc) devices and cellular signal booster systems, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase approximately $4.0 million of its common shares and pre-funded warrants in lieu thereof in a registered direct offering and warrants to purchase common shares in a concurrent private placement. the combined effective purchase price for one common share and (pre-funded warrant in lieu thereof) and one warrant will be $0.23.
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