Siyata Mobile, Inc. Warrant - SYTAW STOCK NEWS

Siyata Mobile Inc. (SYTA, SYTAW) announced plans to develop a ruggedized MCPTT device aimed at first responders, leveraging Softil's BEEHD technology. This new push-to-talk device will enhance communication for police, fire, and ambulance teams across North America and international markets. The launch is anticipated in the second half of 2021, with efforts to capture market share in utilities and transportation sectors. Siyata aims to capitalize on the MCPTT revolution, supported by its prior achievements in 4G LTE communications.

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) announced that its V.P. of Corporate Development, Daniel Kim, will present at the Maxim Group’s Inaugural Emerging Growth Virtual Conference on March 17-18, 2021. Investors can register to view the presentation and request 1x1 meetings with Mr. Kim after the conference. Siyata specializes in next-generation Push-To-Talk over Cellular (PoC) devices and cellular booster systems, enhancing communication for enterprise users and first responders. Their products improve cellular connectivity in challenging environments.

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) has announced its largest purchase order from a police department, equipping 600 vehicles with its flagship UV350 communication device, expected for delivery in Q1 2021. This order may increase to 1,200 vehicles throughout the year. The UV350 provides nationwide coverage, instant communication via Push-to-Talk Over Cellular technology, and integrates multiple functions to reduce clutter in emergency vehicles. The device aims to enhance communication and efficiency for first responders.

Siyata Mobile Inc. (SYTA, SYTAW) has appointed Peter Goldstein as the new Chairman of its Board of Directors, succeeding Marc Seelenfreund, who will continue as CEO. Luisa Ingargiola has also joined the Board, bringing extensive experience in capital markets. Goldstein has over 30 years in C-suite roles, while Ingargiola serves as CFO at Avalon Globocare and has held board positions in various public companies. These appointments aim to enhance strategic growth and shareholder value.

Siyata Mobile has secured a US$1.4 million purchase order to provide rugged handsets to first responders, fulfilling the order in early Q1 2021. The handsets are designed for Push-to-Talk over Cellular communication in challenging environments. CEO Marc Seelenfreund highlighted strong sales momentum across all product categories, predicting increased adoption of their PTT devices as first responders transition from traditional radios to cellular networks. Siyata aims to enhance communication safety and efficiency with its innovative products.

Siyata Mobile has secured a third purchase order worth USD $550,000 for its innovative UV350 in-vehicle IoT device from a cellular carrier in the Gulf region, aimed at supporting first responders. This order is set to be fully delivered in Q1 2021. CEO Marc Seelenfreund emphasized the significance of repeat orders as a sign of continued customer support for the UV350 device, which enhances connectivity for emergency personnel. The UV350 features advanced communication capabilities designed specifically for commercial vehicles.

Siyata Mobile Inc. (SYTA, SYTAW) announced the closing of a private placement in Israel and Canada, raising US$12,945,000 by issuing 129,450 units at US$100 each. Each unit includes ten common shares and ten warrants, allowing the purchase of additional shares at US$11.50 for 42 months. Led by Phoenix Insurance Investment Fund, the offering strengthens Siyata's balance sheet as it targets revenue-generating acquisitions in 2021. The company paid US$652,250 in commissions and issued broker warrants as part of the offering.

Siyata Mobile Inc. announced the launch of its Uniden® Mobile Coverage Kit (MCK), designed to enhance cellular connectivity for first responders and government agencies in remote areas with weak signals. The rugged, waterproof device supports 4G/LTE networks, including Band 14, and allows for rapid deployment in emergencies. CEO Marc Seelenfreund expressed optimism about the MCK contributing to revenue growth in 2021, highlighting its critical role in ensuring safety and communication during emergencies.