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InvestorNewsBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) (TSX.V: SIM) Shareholders Approve Resolutions Including Reverse Stock Split

Siyata Mobile (NASDAQ: SYTA, SYTAW) (TSX.V: SIM), a global vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) and cellular signal booster solutions, announced that shareholders approved all proposals presented at the company’s Annual and Special Meeting of Shareholders, including a reverse stock split. Following that approval, Siyata announced it will effect a 1-for-100 reverse stock split of its common share, no par value per share, effective tomorrow, Aug, 9, 2023; the company’s common shares will start trading on NASDAQ on a post-split basis at the opening of the market tomorrow as well. The company noted that the objective of the reverse stock split is primarily to bring the company into compliance with the $1 minimum bid price requirement for maintaining its listing on NASDAQ. The company held its Annual and Special Meeting of Shareholders on Aug. 3, 2023. In addition to the reverse stock split, shareholder approved other proposals, including the appointment of Barzily & Co. as the auditor of the company for the ensuing year; fixing the number of directors of the company at five; the election of directors; and the consideration and approval of ordinary resolutions authorizing and approving an alteration to the articles of the company.

To view the full press release, visit https://ibn.fm/ISNYV

About Siyata Mobile Inc.

Siyata Mobile is a B2B global vendor of next-generation, Push-to-Talk over cellular devices, cellular booster systems and video-monitoring systems. Its portfolio of in-vehicle and rugged devices enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives. The company’s portfolio of enterprise-grade and consumer cellular-booster systems enables first responders and enterprise workers to amplify cellular signal in remote areas, inside structural buildings where signals are weak and within vehicles for the maximum cellular signal strength possible. For its video monitoring system, Siyata integrates software licensed with off-the-shelf hardware providing customers with an integrated advanced camera system for management and visual monitoring of their fleet vehicles. For more information about the company, visit www.SiyataMobile.com or www.UnidenCellular.com.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at http://ibn.fm/SYTA

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