QualityStocksNewsBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Secures US$12.9M in Private Placement
Siyata Mobile (NASDAQ: SYTA, SYTAW), a business-to-business (“B2B”) global vendor of next-generation cellular solutions, today announced that it has closed a private placement in Israel and Canada of 129,450 units of the company (the “units”) at a price of US$100 per unit for aggregate gross proceeds of US$12,945,000 (the “offering”). Each unit consisted of ten common shares of the company (the “shares”) and ten common share purchase warrants (each, a “warrant”). Each warrant entitles the holder to acquire an additional common share of Siyata Mobile at a price of US$11.50 for a period of 42 months from the date of…