Siyata Mobile Announces New Placement Agreement

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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