Siyata Mobile Provides Regulatory Update

Rhea-AI Summary

Siyata Mobile Inc. announced the revocation of a cease trade order imposed by the British Columbia Securities Commission on April 8, 2021, due to late financial filings. The order was lifted on July 8, 2021, following the submission of all required documents. Siyata specializes in Push-to-Talk over Cellular devices and cellular booster systems, serving B2B markets including first responders. The company's shares are traded on NASDAQ under the symbols SYTA and SYTAW.

Positive

• Cease trade order revoked, allowing normal trading of shares.
• All required financial filings submitted, enhancing transparency.

Negative

• None.

VANCOUVER, British Columbia, July 09, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announces that the cease trade order instituted by the British Columbia Securities Commission on April 8, 2021, has been revoked as of Thursday, July 8, 2021. The cease trade order was instituted as a result of the Company failing to file certain financial and annual documents required under Canadian securities laws by the applicable deadline. All such filings have since been made, and as a result the cease trade order is no longer in effect.

About Siyata Mobile

Siyata Mobile Inc. is a Business-to-Business (B2B) global vendor of next generation Push-To-Talk over Cellular (PoC) devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to improve communication, increase situational awareness, and save lives.

Its portfolio of enterprise cellular booster systems enables first responders and enterprise workers to amplify its cellular signal in remote areas, inside structural buildings where signals are weak, and within vehicles for maximum cellular signal strength possible.

Siyata’s common shares trade on the Nasdaq under the symbol “SYTA” and its warrants under “SYTAW”.

Visit siyatamobile.com and unidencellular.com/ to learn more.

Investor Relations (Canada):
Kin Communications
1-866-684-6730
SYTA@kincommunications.com

Investor Relations (United States)
CORE IR
516-222-2560
SYTA@coreir.com

Sales:
Glenn Kennedy, VP Sales
Siyata Mobile Inc.
416-892-1823
glenn@siyata.net

FAQ

What happened to the cease trade order for Siyata Mobile (SYTA) on July 8, 2021?

The cease trade order imposed by the British Columbia Securities Commission was revoked on July 8, 2021, after Siyata Mobile submitted all required financial documents.

How does Siyata Mobile (SYTA) operate in the market?

Siyata Mobile operates as a vendor of Push-to-Talk over Cellular devices and cellular booster systems for B2B markets.

What stock symbols are associated with Siyata Mobile?

Siyata Mobile's common shares trade under the symbol SYTA and its warrants under SYTAW.