Siyata Mobile prices 2.4M shares at 65c in public offering

Siyata Mobile announced the pricing of a public offering of 2,400,000 common shares at a public offering price of $0.65 per share. The gross proceeds of the offering to the Company, before deducing placement agent fees and commissions and other offering expenses, are expected to be approximately $1.6 million. The Company intends to use the proceeds from the current offering for working capital and general corporate purposes. The offering is expected to close on or about October 31, 2023, subject to customary closing conditions. Maxim Group LLC is acting as the sole placement agent in connection with the offering.