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
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork
