Siyata Mobile (SYTA) has released an update.
Siyata Mobile Inc. has entered into an exclusive agreement with Spartan Capital Securities, LLC to act as the placement agent on a ‘reasonable best efforts’ basis for the proposed placement of common shares and pre-funded warrants. The terms will be agreed upon by Siyata Mobile and the purchasers, and the sale will be evidenced by a Purchase Agreement. The company has also filed a registration statement with the U.S. Securities and Exchange Commission, which became effective as of the date of the agreement.
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