Duyuru • Oct 04
Core Gaming, Inc completed the acquisition of Siyata Mobile Inc. (NasdaqCM:SYTA) in a reverse merger transaction. Core Gaming, Inc. signed a definitive merger agreement to acquire Siyata Mobile Inc. (NasdaqCM:SYTA) for $160 million in a reverse merger transaction on February 26, 2025. In exchange for the outstanding shares of Core Gaming, Siyata will issue common shares to the shareholders of Core Gaming based on an exchange ratio calculated as $160,000,000 divided by the volume-weighted average closing price of Siyata's common shares on the Nasdaq Stock Market LLC for the 10-day trading period immediately preceding the effective time of the merger. The combined public company will be led by Mr. Aitan Zacharin, the current CEO of Core Gaming. Marc Seelenfreund, the current CEO of Siyata, will step down as the public company CEO to serve as President and lead a newly formed Push-To-Talk subsidiary of Siyata. The Board of Directors of the combined public company will consist of Marc Seelenfreund and four directors designated by Core Gaming.
Following consummation of the Merger, the Siyata Mobile Shareholders will own approximately 10% of the outstanding Siyata Mobile Common Shares and the Core Gaming Shareholders will own approximately 90% of the outstanding Siyata Mobile Common Shares immediately following the effective time of the Merger.
The transaction is subject to regulatory approval, Core Gaming shareholder approval, listing of Siyata's shares on Nasdaq, the entry into certain ancillary agreements as of the closing and the satisfaction of customary closing conditions in the merger agreement. The Board of Directors of both Siyata and Core Gaming have unanimously approved the proposed transaction, which is expected to be completed in the second quarter of 2025.
The Board of Directors of Siyata received a fairness opinion from ValueScope, LLC., a Marshall & Stevens company. Victoria Baylin of Lucosky Brookman LLP acted as legal advisor to Core Gaming. Ross Carmel of Sichenzia Ross Ference Carmel LLP acted as legal advisor to Siyata. Computershare, Inc. is acting as transfer agent for Siyata shares.
Core Gaming, Inc completed the acquisition of Siyata Mobile Inc. (NasdaqCM:SYTA) in a reverse merger transaction on October 3, 2025. Upon completion of the transaction the combined company is named as Core AI Holdings, Inc and new symbol as CHAI. Aitan Zacharin will serve as CEO of Core AI
Holdings Marc Seelenfreund will serve as President of Siyata PTT Inc. Duyuru • Aug 12
Siyata Mobile Inc. to Report Q2, 2025 Results on Aug 14, 2025 Siyata Mobile Inc. announced that they will report Q2, 2025 results After-Market on Aug 14, 2025 Duyuru • May 12
Siyata Mobile Inc. Launches AI COMIC App Siyata Mobile Inc. announced that Core Gaming, a rising innovator in AI-driven creative technologies, who it recently signed definitive merger agreement with, successfully launched its AI COMIC App. The App utilizes a cutting-edge visual generation platform designed to revolutionize the way creators, gamers and marketers produce content. Core Gaming logo AI COMIC leverages advanced AI models to transform single photos or short video clips into high-quality visuals ranging from anime-style motion videos to hyper-realistic portraits within minutes. By bridging AI with real-world creative workflows, Core Gaming's AI COMIC is helping to define the future of visual storytelling. Aging Video Generator - Visualizes life progression from childhood to old age with AI-based transformation. To support high-performance generation at scale, Core Gaming has built a proprietary Compute Pool System, a dynamic, cloud-based infrastructure that intelligently distributes AI workloads in real time. This elastic system scales processing resources on demand, optimizing efficiency while keeping costs manageable. AI COMIC's impact on game development is equally transformative, offering tools that dramatically streamline asset creation: Automated Scene Design in both photo realistic and stylized formats. Instant Character Modeling with customizable expressions, costumes, and poses. AI-Powered Animation Sequences without the need for manual keyframing or motion capture. Fast Ad Creative Generation tailored for high-performance marketing campaigns. These innovations drastically reduce production time and labor costs, enabling game studios and creative teams to iterate faster and focus more on storytelling and gameplay innovation. Underpinning the platform is a powerful tech stack, including: Multimodal Generative Models that blend text, image, and motion into cohesive outputs. BigP Backend System, which precisely manages GPU loads and AI task orchestration. Real-Time Cloud Orchestration, ensuring optimal compute usage and seamless performance. Duyuru • Mar 28
Siyata Mobile Inc. to Report Q4, 2024 Results on Mar 31, 2025 Siyata Mobile Inc. announced that they will report Q4, 2024 results After-Market on Mar 31, 2025 Duyuru • Feb 27
Core Gaming, Inc. signed a definitive merger agreement to acquire Siyata Mobile Inc. (NasdaqCM:SYTA) for $160 million in a reverse merger transaction. Core Gaming, Inc. signed a definitive merger agreement to acquire Siyata Mobile Inc. (NasdaqCM:SYTA) for $160 million in a reverse merger transaction on February 26, 2025. In exchange for the outstanding shares of Core Gaming, Siyata will issue common shares to the shareholders of Core Gaming based on an exchange ratio calculated as $160,000,000 divided by the volume-weighted average closing price (VWAP) of Siyata's common shares on the Nasdaq Stock Market LLC for the 10-day trading period immediately preceding the effective time of the merger. The combined public company will be led by Mr. Aitan Zacharin, the current CEO of Core Gaming. Marc Seelenfreund, the current CEO of Siyata, will step down as the public company CEO to serve as President and lead a newly formed Push-To-Talk subsidiary of Siyata. The Board of Directors of the combined public company will consist of Marc Seelenfreund and four directors designated by Core Gaming. Legacy Siyata shareholders shall have the right to receive a stock dividend within six months after the merger so that they will own a minimum of 10% of the combined entity.
The transaction is subject to regulatory approval, Core Gaming shareholder approval, listing of Siyata's shares on Nasdaq and the satisfaction of customary closing conditions in the merger agreement. The Board of Directors of both Siyata and Core Gaming have unanimously approved the proposed transaction, which is expected to be completed in the second quarter of 2025. The Board of Directors of Siyata received a fairness opinion from ValueScope, LLC., a Marshall & Stevens company. Victoria Baylin of Lucosky Brookman LLP acted as legal advisor to Core Gaming. Ross Carmel of Sichenzia Ross Ference Carmel LLP acted as legal advisor to Siyata. Computershare, Inc. is acting as transfer agent for Siyata shares. Reported Earnings • Nov 17
Third quarter 2024 earnings released: US$0.40 loss per share (vs US$130 loss in 3Q 2023) Third quarter 2024 results: US$0.40 loss per share (improved from US$130 loss in 3Q 2023). Revenue: US$5.86m (up 218% from 3Q 2023). Net loss: US$626.3k (loss narrowed 66% from 3Q 2023). Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Communications industry in Europe. Duyuru • Oct 22
Siyata Mobile Inc. to Report Q3, 2024 Results on Nov 14, 2024 Siyata Mobile Inc. announced that they will report Q3, 2024 results After-Market on Nov 14, 2024 Duyuru • Sep 30
Siyata Mobile Inc. has withdrawn its Follow-on Equity Offering in the amount of $10 million. Siyata Mobile Inc. has withdrawn its Follow-on Equity Offering in the amount of $10 million.
Security Name: Common Shares
Security Type: Common Stock
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant Duyuru • Sep 06
Siyata Mobile Inc. Appoints Campbell Becher to the Board of Directors Siyata Mobile Inc. has appointed Campbell Becher to the Siyata board of directors effective September 1, 2024. Becher fills the board seat vacated by Stephen Ospalak who resigned earlier. Becher currently serves as the chief executive officer of IberAmerican Lithium. Becher has more than 20 years of experience in investment banking, including the founding of Byron Capital Markets, where he served as CEO and led its sponsorship of the Electric Metals Conference for several years and sponsored the Industrial Minerals World Lithium Conference. Becher currently serves as a board member at Royal Helium Ltd. and Strategic Minerals Europe Corp. He previously served as a Managing director at Haywood Securities Inc. Reported Earnings • Aug 19
Second quarter 2024 earnings released Second quarter 2024 results: US$119 loss per share. Revenue: US$1.89m (down 30% from 2Q 2023). Net loss: US$12.9m (loss widened 454% from 2Q 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Communications industry in Europe. Breakeven Date Change • Aug 17
No longer forecast to breakeven The analyst covering Siyata Mobile no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$10.2m in 2026. New forecast suggests the company will make a loss of US$6.30m in 2026. New Risk • Aug 16
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$11m Forecast net loss in 3 years: US$1.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Shareholders have been substantially diluted in the past year (432% increase in shares outstanding). Market cap is less than US$10m (€170.2k market cap, or US$187.1k). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$1.3m net loss in 3 years). Duyuru • Aug 16
Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $3.977269 million. Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $3.977269 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 80,000
Price\Range: $1.7
Discount Per Security: $0.034
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 2,272,940
Price\Range: $1.69
Discount Per Security: $0.0338 Duyuru • Aug 13
Siyata Mobile Inc. to Report Q2, 2024 Results on Aug 15, 2024 Siyata Mobile Inc. announced that they will report Q2, 2024 results After-Market on Aug 15, 2024 Duyuru • Aug 03
Siyata Mobile Inc. has filed a Follow-on Equity Offering. Siyata Mobile Inc. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant Duyuru • Jul 19
Siyata Mobile Appoints TJ Kennedy to Its Advisory Board Siyata Mobile Inc. announced that it has added TJ Kennedy to its Advisory Board. Mr. Kennedy previously held the role of President of the First Responder Network Authority (FirstNet), which oversees the nationwide public safety broadband network in the United States. Mr. Kennedy is a Venture Advisor for AI Fund, a team of AI pioneers, proven entrepreneurs, seasoned operators and venture capitalists that collaborates with leading entrepreneurs to solve big challenges using artificial intelligence. He is a Board Member at the public safety drone company Echelon AI. He has previously served as CEO and as a board director of WRAP Technologies, a global provider of public safety solutions, where he created a strategic roadmap with a focus on improved pricing and profitability, right sized expenses and successfully grew gross profit year over year by 87%. Prior to that, he served in senior leadership roles, including as CEO, primarily for companies operating in the public safety space. Duyuru • Jun 08
Siyata Mobile Inc. has filed a Follow-on Equity Offering. Siyata Mobile Inc. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant Duyuru • May 24
Siyata Mobile Provides Additional Update on Its AI-Powered PTT Device Following the release on May 21, 2024, Siyata Mobile Inc. announced further clarity on its recently introduced SD7 Wired Palm Mic Pro with AI Noise Cancellation. This innovative device, designed for use with the Company's SD7 Handset, now includes features that extend its functionality beyond simple noise cancellation. The SD7 Wired Palm Mic Pro leverages advanced AI to adjust and compensate microphone levels, ensuring that only the human voice is isolated and transmitted, while background noises—whether stationary or dynamic—are effectively suppressed. This sophisticated technology also normalizes voice levels, maintaining smooth conversation quality regardless of the speaker's proximity to the microphone. The Company also offers a VK7 Wired Palm Mic Pro with AI Noise Cancelation, so that this same innovative noise cancelation is available for first responder vehicles, and for enterprise vehicles with the Siyata VK7 Vehicle Kit. Potential Applications for the New Features: Loud concert halls for security and support staff; Construction sites with heavy machinery; Road crews working in noisy traffic environments; Mining vehicles engaged in ore extraction; First responder vehicles during emergency situations with active sirens. Duyuru • May 23
Siyata Mobile Inc. Introduces SD7 Wired Palm Mic Pro with AI Noise Cancellation for Use with its SD7 Handset Siyata Mobile Inc. introduced the SD7 Wired Palm Mic Pro with AI Noise Cancellation for use with the Company's SD7 Handset. The integrated AI-Active Noise Cancellation Microphone is a technologically advanced innovation, delivering clearer audio than today's Remote Speaker Mic's (RSM's) which often use two microphones. Workers who work in noisy environments such as first responders, construction crews, roads crews, mining workers, and manufacturing staff will all benefit by using this new accessory with the SD7 Handset to help them communicate more clearly. Wired Palm Mic Pro with AI Noise Cancellation Specifications: AI Active ENC RSM; Noise pick-up: AI deep learning technologies; Noise reduction: in far-field & extremely noisy environments; Power from Radio: 5V-9V; Optional inside battery Charging version; Power consumption: ANC TX: 25mA, RSM: 0.5-1.5W; Speaker: 40mm 108dB @10cm maximum; Cable: Diameter: 5.0 mm; Plug: M5 connector; Length: 26/25/26 cm. The Wired Palm Mic Pro with AI Noise Cancellation is available for order from May 21, 2024. Reported Earnings • May 18
First quarter 2024 earnings released: US$4.90 loss per share (vs US$57.76 loss in 1Q 2023) First quarter 2024 results: US$4.90 loss per share (improved from US$57.76 loss in 1Q 2023). Revenue: US$2.36m (up 31% from 1Q 2023). Net loss: US$2.80m (loss narrowed 43% from 1Q 2023). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Communications industry in Europe. Duyuru • May 17
Siyata Mobile Inc. to Report Q1, 2024 Results on May 15, 2024 Siyata Mobile Inc. announced that they will report Q1, 2024 results After-Market on May 15, 2024 Duyuru • Apr 16
Siyata Mobile Inc. has filed a Follow-on Equity Offering in the amount of $4 million. Siyata Mobile Inc. has filed a Follow-on Equity Offering in the amount of $4 million.
Security Name: Common Shares
Security Type: Common Stock Breakeven Date Change • Apr 12
Forecast breakeven date pushed back to 2026 The 2 analysts covering Siyata Mobile previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 37% per year to 2025. The company is expected to make a profit of US$11.0m in 2026. Average annual earnings growth of 58% is required to achieve expected profit on schedule. Duyuru • Apr 06
Siyata Mobile Inc. to Report Q4, 2023 Results on Apr 08, 2024 Siyata Mobile Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Apr 08, 2024 Reported Earnings • Apr 04
Full year 2023 earnings released Full year 2023 results: Revenue: US$8.23m (up 27% from FY 2022). Net loss: US$12.9m (loss narrowed 16% from FY 2022). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Communications industry in Europe. Reported Earnings • Nov 17
Third quarter 2023 earnings released: US$1.04 loss per share (vs US$3.19 loss in 3Q 2022) Third quarter 2023 results: US$1.04 loss per share. Revenue: US$1.84m (down 28% from 3Q 2022). Net loss: US$1.86m (loss widened 251% from 3Q 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Communications industry in Europe. Duyuru • Nov 14
Siyata Mobile Inc. to Report Q3, 2023 Results on Nov 16, 2023 Siyata Mobile Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 16, 2023 Duyuru • Nov 01
Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $1.5547 million. Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $1.5547 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,870,000
Price\Range: $0.65
Discount Per Security: $0.0455
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 530,000
Price\Range: $0.64
Discount Per Security: $0.0448 Duyuru • Aug 25
Siyata Mobile Regains Compliance with Nasdaq Minimum Bid Price Requirement Siyata Mobile Inc. announced that it has received formal notice from The Nasdaq Stock Market LLC stating that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Stock Market. The notice indicated that, as a result of the closing bid price of the Company's common share having been $1.00 per share or greater for at least ten consecutive business days, from August 9, 2023 through August 22, 2023, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and the matter has been closed. Reported Earnings • Aug 16
Second quarter 2023 earnings released: US$0.03 loss per share (vs US$29.41 loss in 2Q 2022) Second quarter 2023 results: US$0.03 loss per share (improved from US$29.41 loss in 2Q 2022). Revenue: US$2.71m (up 180% from 2Q 2022). Net loss: US$2.33m (loss narrowed 46% from 2Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Communications industry in Europe. Duyuru • Aug 11
Siyata Mobile Inc. Announces Board Changes Siyata Mobile Inc. has appointed Gary Herman as a member of its Board of Directors, effective immediately. Herman replaces Michael Kron, whom the Company deeply thanks for his service and commitment. Mr. Herman has several decades of experience as a sophisticated public company investor, fund manager and investment banker. Over the course of his career, he has served on both public and private company boards of directors and has also been a corporate officer, capital raiser, and restructuring specialist. Mr. Herman currently serves on the Board of Jupiter Wellness Inc.; XS Financial Inc., and SusGlobal Energy Corp. Board Change • Aug 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Lourdes Felix was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 03
Siyata Mobile Inc. to Report Q2, 2023 Results on Aug 15, 2023 Siyata Mobile Inc. announced that they will report Q2, 2023 results on Aug 15, 2023 Duyuru • Jul 04
Siyata Announces Nasdaq Delisting Notice and Nasdaq Appeal Siyata Mobile Inc. announced receipt of a Staff Delisting Determination dated June 30, 2023 (the "Staff Determination") from the Listing Qualifications Department of the Nasdaq Stock Market, LLC ("Nasdaq"). The Company was notified that Nasdaq has determined to delist the Company's common shares, no par value per share ("Common Shares"), from the Nasdaq Capital Market for failure to maintain, pursuant to Nasdaq Listing Rule 5810 (the "Low Price Stocks Rule"), a minimum bid price of $0.10 per share for a period of 10 consecutive trading days starting on June 15, 2023. The Company intends to appeal the Staff Determination by requesting a hearing (the "Hearing") before a Nasdaq Hearings Panel (the "Panel") which will stay the delisting of the Company's Common Shares pending the Panel's decision. According to the Staff Determination, hearings are typically scheduled to occur approximately 30-45 days after the date of a company's hearing request. The Company is also currently subject to a delisting determination pursuant to Nasdaq Rule 5550(a)(2) (the "Minimum Bid Price Rule"), resulting from the fact that the closing bid price of the Company's Common Shares was below $1.00 per share for a period of thirty consecutive trading days. On February 23, 2023, the Company received written notification from the Listing Qualifications Department of Nasdaq granting the Company's request for a 180-day extension to regain compliance with Nasdaq's Minimum Bid Price Rule. The Company now has until August 21, 2023 to meet this requirement. The Company's plan is to effect compliance with the Low Price Stocks Rule and the Minimum Bid Price Rule by effecting a reverse stock split. The Company will hold its Annual General Meeting of shareholders on August 3, 2023 and will request that its shareholders approve the proposal to authorize the reverse stock split at a ratio, determined by its Chief Executive Officer, that will result in the Common Shares trading above $1.00 per share. Assuming that the Company submits its request for a hearing within the allotted time, Nasdaq's delisting determination with respect to the Low Price Stocks Rule will have no immediate effect on the listing or trading of the Company's Common Shares, which will continue to trade on the Nasdaq Capital Market under the symbol "SYTA." There can be no assurance that the Panel will determine to continue to allow the listing of the Company's Common Shares on the Nasdaq Capital Market, or that the Company will consummate a reverse stock split or any other transaction, that will effect compliance with the Minimum Bid Price Rule and the Low Price Stocks Rule. Duyuru • Jun 28
Siyata Mobile Inc., Annual General Meeting, Aug 03, 2023 Siyata Mobile Inc., Annual General Meeting, Aug 03, 2023. Duyuru • Jun 15
Siyata Mobile Launches New Mobile Command Center Unit Siyata Mobile Inc. launched its latest product, the Siyata Mobile Command Center, an all-in-one, mobile communications solution with built-in redundancy primarily for providers of Emergency Management Services ("EMS") that need to set up a mobile telecommunications command center in the field. The Siyata Mobile Command Center is a comprehensive communications solution that is self-contained in a ruggedized suitcase. It contains a ruggedized industrial PC with two LCD displays built right into the case, two routers with up to six SIM card slots for redundancy to ensure consistent internet connectivity during emergencies, Siyata's UV350 device for PoC calls and regular cellular calls, as well as a DMR UHF mobile radio for radio push-to-talk calls. Reported Earnings • May 18
Full year 2022 earnings released: US$0.73 loss per share (vs US$4.87 loss in FY 2021) Full year 2022 results: US$0.73 loss per share (improved from US$4.87 loss in FY 2021). Revenue: US$6.48m (down 14% from FY 2021). Net loss: US$15.3m (loss narrowed 35% from FY 2021). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Communications industry in Europe. Duyuru • Jan 10
Siyata's Next Generation Push-To-Talk over Cellular Sd7 Device to Be Launched Across T-Mobile IoT Data Network Siyata Mobile Inc. announced that T-Mobile US Inc. will launch Siyata's rugged SD7 device onto its Internet of Things (IoT) data network. T-Mobile is expected to begin selling the SD7 to its broad enterprise customer base beginning in the Company's first quarter of 2023. The SD7 was developed to disrupt and replace the multi-billion-dollar Land Mobile Radio (LMR) industry. The SD7 brings communications into the 21st century and provides the Company's first responder and enterprise clients a simple, easy-to-use rugged, Android-based, Push-To-Talk device with excellent sound quality that operates over the high-bandwidth 4G LTE network, providing consistent connectivity across the US. Its IP68 rating, resistance to water and dust, drop protection and robust battery make it well suited for use in harsh environments. Importantly, there is no need to invest in infrastructure such as radio towers or repeaters. Breakeven Date Change • Nov 16
Forecast to breakeven in 2024 The 2 analysts covering Siyata Mobile expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 30% per year to 2023. The company is expected to make a profit of US$5.48m in 2024. Average annual earnings growth of 62% is required to achieve expected profit on schedule. Reported Earnings • Nov 13
Third quarter 2022 earnings released: US$0.032 loss per share (vs US$1.18 loss in 3Q 2021) Third quarter 2022 results: US$0.032 loss per share (improved from US$1.18 loss in 3Q 2021). Revenue: US$2.57m (up 111% from 3Q 2021). Net loss: US$527.9k (loss narrowed 91% from 3Q 2021). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Communications industry in Europe. Duyuru • Nov 10
Siyata Mobile Inc. to Report Q3, 2022 Results on Nov 10, 2022 Siyata Mobile Inc. announced that they will report Q3, 2022 results After-Market on Nov 10, 2022 Duyuru • Oct 28
Siyata Mobile Inc. Announces the SD7+ Rugged Mission-Critical Push-To-Talk Device Will Soon Be Powered with Visual Labs Inc Siyata Mobile Inc. announced the SD7+ rugged mission-critical push-to-talk (PTT) device will soon be powered with Visual Labs Inc.'s ("Visual Labs") innovative body camera software. The integration of PTT and body camera functionality into a single platform eliminates the need for users to carry two separate devices (a communication device and a body camera), creating an ideal upgrade solution from legacy land mobile radio (LMR) technologies or proprietary stand-alone body cameras. The SD7+ is designed to provide a single platform solution that integrates PTT and bodycam functionality with excellent sound and video quality that operates over the high bandwidth 4G LTE network, providing consistent connectivity. As with Siyata's SD7, there is no need to invest in infrastructure such as radio towers or repeaters to operate the SD7+, enabling first responders as well as secondary support personnel to quickly connect and coordinate on unified public cellular networks in North America and international markets. 4G LTE connectivity also enables the SD7+ to offer remote video streaming in case of a critical incident, while also offering video recording to encrypted internal storage prior to upload to the cloud. Video recording can be initiated by pressing a single large button on the front of the device which also includes a software-controlled LED ring around the camera that indicates recording status. The body camera functionality of the SD7+ will soon be powered by Visual Labs. Visual Labs is a highly respected software company and developer of Android-based bodycam and dashcam software. Visual Labs provides its software to public safety, private security and other customers throughout the United States and internationally. Its public safety customers include town marshals, city police departments, county sheriff's offices, wildlife and other state agencies and federal customers. Visual Labs is based in Menlo Park, California. The global body-worn camera market was valued at $444 million in 2018 and expected to reach $1.5 billion by 2025. There was an estimated 1.27 million global bodycams shipments in 2021, with North America representing the large market share at approximately 485,000 units. Breakeven Date Change • Oct 16
Forecast to breakeven in 2024 The 2 analysts covering Siyata Mobile expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 35% per year to 2023. The company is expected to make a profit of US$5.48m in 2024. Average annual earnings growth of 63% is required to achieve expected profit on schedule. Duyuru • Oct 14
Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $3.9861 million. Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $3.9861 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 15,810,000
Price\Range: $0.23
Discount Per Security: $0.0161
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 1,590,000
Price\Range: $0.22
Discount Per Security: $0.0154
Transaction Features: Registered Direct Offering Duyuru • Sep 02
Siyata Mobile Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency Siyata Mobile Inc. announced that the Company had received a notification letter dated August 26, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closingbid price of the Company's common shares, no par value per share ("Common Shares"), was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's Common Shares, which will continue to trade uninterrupted on Nasdaq under the ticker "SYTA." Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until February 22, 2023 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closingbid price per share of the Company's Common Shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by February 22, 2023, the Company may be eligible for an additional 180 calendar day grace period to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the split no later than 10 business days prior to February 22, 2023, or the expiration of the second compliance period if granted. Duyuru • Aug 02
Siyata Mobile Inc. to Showcase Its Mission-Critical Push-To-Talk over Cellular SD7 Device At APCO International Conference Siyata Mobile Inc. announced it will showcase its SD7 rugged mission-critical push-to-talk over cellular device with companion VK7 in-vehicle kit, and a full suite of cellular boosters at the APCO (Association of Public-Safety Communications Officials) International Conference held on August 7 - 10 in Anaheim, California. APCO International is the world's oldest and largest organization of public safety communications professionals, supports the largest U.S. membership base of any public safety association, and serves the needs of public safety communications practitioners worldwide. The SD7 brings push-to-talk communications into the 21st century and enables first responders and enterprise clients a simple easy-to-use rugged Android based Push-To- Talk device with excellent sound quality that operates over the high bandwidth 4G LTE network, providing consistent connectivity across the nation and internationally. Its IP68 rating, resistance to water and dust, drop protection, and robust battery make it well suited for use in harsh environments. Importantly, there is no need to invest in infrastructure such as radio towers or repeaters, and the SD7 allows first responders as well as secondary support personnel to quickly connect and coordinate on unified public cellular networks in North America and international markets. Users of the SD7 can initiate and receive talk-group calls, receive private calls, notify others of emergencies, and report locations, all actions ideally tailored for mission critical purposes. The SD7 offers the benefits of PoC without any of the difficulties managing the current generation of rugged smart/feature phones and is ideally suited as a perfect upgrade from Land Mobile Radios (LMR). Used for generations, LMR has a significant number of limitations, including network incompatibility, limited coverage areas, and restricted functionality that leave a huge need for a unified network and platform. Siyata's innovative product line, including the SD7, is helping to service the generational shift from LMR to PoC. Duyuru • Jul 15
Siyata Mobile Announces New Product Launch of High Power User Equipment (Hpue) Antenna with Assured Wireless Siyata Mobile Inc. announce it is launching a new product, a Siyata High Power User Equipment (HPUE) antenna, in conjunction with Assured Wireless Corporation ("Assured Wireless"). This unique solution is designed to be used specifically on FirstNet® that leverages 700 MHz Band 14 - the only U.S. spectrum where the highest-power HPUE equipment can be used. This new Siyata HPUE antenna will be launched for use with Assured Wireless' AW12- Mega-Mobile High Power User Equipment (HPUE) modem which is designed to transmit at 1.25 Watts. This is up to six times higher than traditional LTE equipment and is the highest power device available on FirstNet®, creating superior range, coverage, penetration, and capacity when used on the FirstNet® network. This purpose built HPUE device for first responders delivers pervasive connectivity for police departments, fire departments, emergency medical services (EMS) agencies and other public safety and enterprise organizations. While consumers focus on download speeds, first responders often need to upload information such as reports, queries, pictures and videos, from the field and HPUE makes this more reliable and with improved speeds. The AW12-Mega-Mobile HPUE modem from Assured Wireless is patented technology and is the highest power LTE product in the marketplace today. With this HPUE gear, FirstNet® subscribers on Band 14 spectrum are expected to experience an 80% increase in LTE signal range from a cell site when compared to a typical LTE device, Assured Wireless officials have stated publicly. The antenna will provide mission-critical coverage in the most challenging environments where data connectivity is unreliable, such as in rural areas or coverage holes in urban areas including parking garages, elevators, stairwells, subways and cell-edge areas. Duyuru • Jun 29
Siyata Mobile Launches New Sd7 Rapid Kit Accessory Designed to Provide Rapid Deployment and In-Field Remote Charging Solution Siyata Mobile Inc. announced the launch of the SD7 Rapid Kit, a new and unique portable kit accessory that provides an in-field remote charging solution designed specifically for use with the Company's SD7 device, a ruggedized, mission critical PoC handset. The SD7 Rapid Kit is ideal for first responders, hospitals, schools and more, which require rapid deployment of devices in emergency situations. In a recent interview with ICWE Urgent Communications, officials noted the networks increasing focus on providing solutions that enable first responder access to the nationwide public-safety broadband network in locations beyond the coverage footprint of the fixed terrestrial network. Experts believe this trend will spur first responder migration from dedicated off-network solutions. The IP67-rated SD7 Rapid Kit is a ruggedized 6-bay charging solution designed specifically for use with Siyata's rugged SD7 PoC devices. The suitcase kit includes storage for battery adapters, integrated battery monitor, AC and DC inputs, and powers up to six batteries totaling 39,600mAh. The SD7 Rapid Kit provides fully charged and always ready up to 6 SD7 devices that are fully provisioned i.e. "talk to each other", out-of-the-box and are ready for quick communication. Duyuru • Jun 17
Siyata Mobile Inc. Launches SD7 Rapid Kit, New and Unique Portable Kit Accessory Siyata Mobile Inc. announced the launch of the SD7 Rapid Kit, a new and unique portable kit accessory that provides an in-field remote charging solution designed specifically for use with the Company’s SD7 device, a ruggedized, mission critical PoC handset. The SD7 Rapid Kit is ideal for first responders, hospitals, schools and more, which require rapid deployment of devices in emergency situations. In a recent interview with ICWE Urgent Communications, officials noted the networks increasing focus on providing solutions that enable first responder access to the nationwide public-safety broadband network in locations beyond the coverage footprint of the fixed terrestrial network. Experts believe this trend will spur first responder migration from dedicated off-network solutions. The IP67-rated SD7 Rapid Kit is a ruggedized 6-bay charging solution designed specifically for use with Siyata’s rugged SD7 PoC devices. The suitcase kit includes storage for battery adapters, integrated battery monitor, AC and DC inputs, and powers up to six batteries totaling 39,600mAh. The SD7 Rapid Kit provides fully charged and always ready up to 6 SD7 devices that are fully provisioned i.e. “talk to each other”, out-of-the-box and are ready for quick communication. Duyuru • Jan 09
Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $20 million. Siyata Mobile Inc. has completed a Follow-on Equity Offering in the amount of $20 million.
Price\Range: $2.3 Duyuru • Sep 16
Siyata Mobile to Showcase Entire Product Line At IWCE Conference Siyata Mobile Inc. announces that it will showcase its full suite of communication products at the International Wireless Communication Expo (IWCE) being held at The Las Vegas Convention Center from September 27 - 30, 2021 in booth number 155. In August, Siyata unveiled the SD7, a MCPTT (Mission Critical Push-To-Talk) device to serve the needs of primary first responders (police, fire and ambulance), which number over two million in the U.S. alone. The SD7 allows first responders to quickly connect and coordinate on unified public cellular networks in North America and other international markets and eliminates the need for carrying an assortment of devices when time is of the essence in emergency situations. The UV350 is the industry’s only dedicated in-vehicle smartphone with 4G/LTE capabilities and is the ultimate device for commercial vehicles, supporting Push-to-Talk over Cellular (PoC), voice calls, and data applications and representing the next-generation alternative to land mobile radio (LMR). Siyata’s cellular boosters provides industry-leading quality, easy installation, and the most advanced booster technology to enterprises, first responders, and consumers alike. These boosters can be used in buildings or in vehicles to help strengthen cellular signals to prevent missed or dropped calls or slow data speeds. Duyuru • May 21
Siyata Mobile Receives Nasdaq Notice Relating to Its Delayed Annual Report on Form 20-F Filing Siyata Mobile Inc. announces on May 19, 2021 that, on May 18, 2021, it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed its Annual Report on Form 20-F (the “Form 20-F”) for the fiscal year ended December 31, 2020, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. Nasdaq requires that the Company submit a plan no later than July 16, 2021 to regain compliance. If Nasdaq accepts the plan, Nasdaq can grant the Company an extension of up to 180 calendar days from the due date of the Form 20-F to regain compliance. The Company is working diligently and plans to file the Form 20-F as soon as practically possible. The Notice has no immediate impact on the listing of the Company’s securities, which will continue to trade on Nasdaq, subject to the Company’s compliance with other continued listing requirements of Nasdaq. Duyuru • May 02
Siyata Mobile Inc. announced delayed 20-F filing On 04/30/2021, Siyata Mobile Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Duyuru • Feb 26
Siyata Mobile Receives Purchase Order to Equip Police Vehicles with the Uv350 Siyata Mobile Inc. announced that it has received a purchase order to equip 600 police vehicles with the UV350, the Company’s flagship, purpose-built, in-vehicle, all-in-one communication device. The Company expects this order to be delivered in first quarter of 2021 and increased to 1,200 vehicles during the remainder of 2021. The UV350 is built and designed to minimize the excessive clutter often found in the cabin of first responder vehicles, such as fire trucks, ambulances, and police squad cars, by combining the functions of multiple devices into one. Using Push-to-Talk Over Cellular (PoC), drivers can communicate with crystal-clear sound at the touch of a button, and unlike traditional cellular communication devices, the UV350 is powered by the vehicle’s battery and has cellular signal boosting technology to ensure drivers are always connected in emergency situations. UV350 features include: LTE high-speed data; 5.5-inch widescreen light-emitting diode (LED) display for easy monitoring; Dedicated microphone and speaker for crystal-clear, extra-loud sound quality; In-vehicle installation ensures device is always powered by the vehicle's battery; Extended cellular and Global Positioning System (GPS) coverage with external antenna included; Push-to-talk over cellular ensures instant communication at the push of a button. Duyuru • Feb 10
Siyata Mobile Announces Board Changes Siyata Mobile Inc. announced the appointment of Peter Goldstein, currently a Siyata Board member, as the Chairman of its Board of Directors. In addition, Luisa Ingargiola, who has extensive experience on public company boards and in the capital markets, has been appointed to the Board of Directors effective as of the shareholders meeting on February 23, 2021. Luisa Ingargiola currently serves as Chief Financial Officer of Avalon Globocare Corp. She also serves on several boards of publicly traded companies including ElectraMeccanica Vehicles Corp. and AgEagle Aerial Systems Inc. where she is the audit committee chair. Duyuru • Feb 02
Siyata Mobile Inc. Receives USD 1.4 Million Purchase Order to Equip First Responders with its Rugged Handset Devices Siyata Mobile Inc. announced it has received a USD 1.4 Million purchase order to supply first responders with rugged handset devices. The order will be fulfilled in the beginning of First Quarter this year and continue throughout 2021. Siyata's rugged handsets are designed to be “rugged and ready” for enterprise users who require a reliable Push-to-Talk over Cellular device in demanding environments. The Company’s rugged devices are available on a carrier-grade Push-to-Talk Over Cellular (PoC) network that allows workers to have nationwide unified communication between one another at the push of a button, ensuring safe and efficient communication when working in public security. Siyata’s rugged handset devices aim to provide customers with the functionality and ease of a rugged smartphone handset, while offering high speed LTE data services and a large PTT button for seamless communication between enterprise users. Duyuru • Jan 05
Siyata Mobile Inc. announced that it has received $12.945 million in funding Siyata Mobile Inc. (NasdaqCM:SYTA) announced a private placement of 129,450 units at a price of $100 per unit for gross proceeds of $12,945,000 in funding led by new investor led by Phoenix Insurance Investment Fund on January 4, 2021. Each unit consists of 10 common shares and 10 common share purchase warrants. Each warrant entitles the holder thereof to acquire an additional common share at a price of $11.50 for a period of 42 months from the date of issuance. Duyuru • Dec 18
Siyata Mobile Inc. Launches Uniden® Mobile Coverage Kit Siyata Mobile Inc. announced the commercial launch of its Uniden® Mobile Coverage Kit (MCK), which is intended to empower first responders and government agencies to stay connected even in remote areas where cellular coverage is weak. Siyata’s Uniden® MCK is designed to significantly improve cellular coverage, eliminating troubled areas and dead zones so users can experience crystal clear phone calls and lightning fast data speeds. The ultra-rugged, mobile, waterproof case is equipped with 2 USB charging ports, with the ability to power through 110V power adaptor, 12V lighter plug adapter and is equipped with an external battery for long life use. Siyata’s Uniden® MCK is available on all 4G/LTE cellular networks including Band 14, enabling rapid deployment of enhanced cellular coverage for various government agencies and first responders. This solution deploys very quickly and easily and is ideal for emergency use in remote locations. Duyuru • Dec 15
Siyata Mobile Receives USD 1.6 Million Purchase Order for Tier 1 U.S. Cellular Carrier Siyata Mobile Inc. announced it has received a purchase order of USD 1.6 million for devices within the in-vehicle category of its 4G/LTE portfolio for a leading U.S. cellular carrier. Duyuru • Nov 25
Siyata Mobile Inc. Signs Distribution Agreement with pei tel Communications GmbH Siyata Mobile Inc. announced it has entered into a distribution agreement with pei tel Communications GmbH for its Siyata UV350. pei tel’s distribution countries include Germany, Austria, Switzerland, Belgium, Netherlands, and Luxembourg. Duyuru • Oct 29
Siyata Mobile and Fleet Complete for FirstNet® Collaborate to Help Enhance School Bus Transportation Safety SiyataMobile Inc. announced its relationship with Fleet Complete for FirstNet that will help enhance the fleet management and communications solutions for school bus transportation safety within the United States. Fleet Complete for FirstNet offers a fully integrated solution that is specifically designed for public safety organizations – first responders and those that support them – to provide critical connectivity and insights into fleet and in-field activities. With advanced vehicle analytics, GPS tracking and Enhanced Push-to-Talk, Fleet Complete for FirstNet helps improve dispatch efficiency, response times, and safety. This Fleet Complete for FirstNet solution consists of a FirstNet Ready™ Uniden® UV30 in-vehicle mobile device that can take advantage of Band 14 and two FirstNet Certified™ apps in the FirstNet App Catalog: Fleet Complete Mobile and Fleet Complete Dispatch. The collaboration between Siyata and Fleet Complete for FirstNet focuses on enhancing the school bus transportation safety and security with improved communication tools and fleet tracking. The integration of dedicated Fleet Complete apps with the Uniden® UV350 in-vehicle mobile device provides an all-in-one communication tool for high quality cellular voice calls while in the vehicle, Push-to-Talk Over Cellular, and near real-time GPS tracking with fleet-wide analytics. Duyuru • Oct 27
Siyata Mobile Inc. Announces Management Changes Siyata Mobile Inc. announced the appointment of Mr. Peter Goldstein to its Board of Directors. The company announced the resignation of Richard Hoy from its Board of Directors. Duyuru • Oct 18
Siyata Mobile Announces Delisting from TSX Venture Exchange Siyata Mobile Inc. (TSXV:SIM) announces that the TSX Venture Exchange (“TSXV”) has confirmed that effective at the close of market on Monday, October 19, 2020, the common shares of the Company will be delisted from the TSXV, at Siyata’s request. As previously announced, the common shares of the Company and warrants issued in connection with its U.S. initial public offering began trading on the NASDAQ Capital Market (“NASDAQ”) under the symbols “SYTA” and “SYTAW”, respectively, on September 25, 2020. The current shareholders of Siyata will be able to continue to trade their common shares on NASDAQ and will not be impacted by the delisting from the TSXV. You are urged to contact your broker or registered representative with any questions. The Company will continue to be a reporting issuer in Canada, and will continue to make all necessary regulatory filings, which are available on SEDAR. Marc Seelenfreund, Chief Executive Officer of Siyata commented, “We are excited to begin this new chapter for Siyata, and with our recent successful public offering in the U.S. and our NASDAQ listing, we continue to eye the growth of our business in the U.S. with the support of the North American capital markets. We have received tremendous support from our very strong investor base in Canada and will continue to work to build value for all of our stakeholders”. Reported Earnings • Oct 15
First half earnings released Over the last 12 months the company has reported total losses of CA$8.03m, with losses narrowing by 47% from the prior year. Total revenue was CA$14.0m over the last 12 months, up 28% from the prior year. Duyuru • Oct 14
Siyata Mobile Inc. Appoints LaRue Martz as US VP Sales for Uniden® Cellular Signal Boosters Siyata Mobile Inc. announced the appointment of LaRue Martz as US VP Sales for the company’s Uniden® cellular signal booster portfolio effective immediately. Mr. Martz is an experienced sales executive with a demonstrated history across various leading telecommunications companies, such as Nextivity, Samsung Wireless and Huawei. Mr. Martz has over 20 years of experience working with AT&T and most recently was Director of Sales at Nextivity, a leading cellular signal booster vendor, where he led the AT&T and FirstNet accounts. Duyuru • Oct 07
Siyata Mobile Signs Distribution Agreement with Wireless Integrator, Source Inc Siyata Mobile Inc. has entered into a distribution agreement for its Uniden® UV350 with Source Inc., a wireless integrator and part of the Verizon Elite Partner Program that focuses on Verizon sales and activations in the United States. The Uniden® UV350 is the world’s first LTE in-vehicle communications device with a Push-to-Talk Over Cellular (PoC) function, crystal-clear sound for voice calls, Android data applications, and more. This device was built and designed to minimize excessive clutter often found in commercial vehicles by incorporating the functions of multiple devices into one. The carrier-grade PoC network allows drivers to have nationwide seamless communication between one another at the push of a button, ensuring safe communication for professional drivers in the paving and construction industry. Uniden® UV350 Features Include: 4G LTE high speed data; 5.5” widescreen LED display for easy monitoring; Dedicated microphone and speaker for crystal-clear extra loud sound quality; In-vehicle installation ensures device is always powered by the vehicle’s battery; Extended cellular and GPS coverage with external antenna included; and Push-to-Talk Over Cellular (PoC) ensures instant communication at the push of a button. The UV350 is the first 4G/LTE all-in-one in vehicle fleet communication device that delivers crystal clear cellular voice calls, Push-to-Talk Over Cellular, data applications and more. This device was designed specifically for commercial vehicles ensuring safer communication for professional drivers. Duyuru • Oct 06
Siyata Mobile Deleted from Other OTC Siyata Mobile Inc.’s ordinary shares has been deleted from Other OTC effective September 25, 2020. The deletion was due to Market Center Change Listed on NASDAQ. Duyuru • Aug 06
Siyata Mobile Inc. announced that it has received CAD 2.15 million in funding On August 4, 2020, Siyata Mobile Inc. (TSXV:SIM) closed the transaction. The company amended the terms of the transaction. The company issued 21,500,000 units for total proceeds of CAD 2,150,000. The company issued 7,065,800 units for proceeds of CAD 706,580 in its final tranche. The company paid finder's fees of CAD 22,931.60 and 229,316 finder warrants. Duyuru • Jul 31
Siyata Mobile Inc. announced that it has received CAD 1.44342 million in funding Siyata Mobile Inc. (TSXV:SIM) announced a non-brokered private placement of 14,434,200 units at a price of CAD 0.10 per unit for aggregate gross proceeds of CAD 1,443,420 on July 28, 2020. Each unit consists of one common share and one-half of a common share purchase warrant, entitling the holder to acquire an additional common share of the company at a price of CAD 0.18 for a period of two years from the date of issuance. The transaction included a subscription from Marc Seelenfreund, chief executive officer and director of the company, for an aggregate of 360,000 units. All securities issued in connection with the transaction are subject to a four-month-and-one-day statutory hold period from the date of issuance. In connection with the transaction, the company paid a cash commission totaling CAD 1,750 and issued 17,500 finder’s warrants. Each finder’s warrant entitles the holder to acquire one share at a price of CAD 0.18 per share for a period of two years from issuance. Duyuru • Jul 20
Siyata Mobile Inc.(TSXV:SIM) dropped from S&P/TSX Venture Composite Index Siyata Mobile Inc.(TSXV:SIM) dropped from S&P/TSX Venture Composite Index Duyuru • Jun 30
Siyata Mobile Inc. announced that it has received CAD 1.33 million in funding On June 26, 2020, Siyata Mobile Inc. (TSXV:SIM) closed the transaction. The company issued 1,330 senior unsecured convertible debentures for gross proceeds of CAD 1,330,000. The debentures will mature on June 26, 2021.