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Siyata Mobile Inc. (SYTA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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10.41-0.49 (-4.50%)
At close: 4:00PM EST

9.76 -0.65 (-6.24%)
Pre-Market: 8:30AM EST

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Previous Close10.90
Open11.00
Bid0.00 x 1300
Ask15.00 x 1100
Day's Range9.58 - 11.48
52 Week Range3.90 - 15.75
Volume61,416
Avg. Volume47,875
Market Cap46.448M
Beta (5Y Monthly)1.56
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateOct 13, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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    • Siyata Mobile Receives Purchase Order to Equip Police Vehicles with the UV350
      GlobeNewswire

      Siyata Mobile Receives Purchase Order to Equip Police Vehicles with the UV350

      PO Marks Single Largest Order to Date from a Police DepartmentVANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), a leading global developer and provider of cellular communications solutions for enterprise customers, today announced that it has received a purchase order to equip 600 police vehicles with the UV350, the Company’s flagship, purpose-built, in-vehicle, all-in-one communication device. The Company expects this order to be delivered in Q1 2021 and increased to 1,200 vehicles during the remainder of 2021. “This agreement marks the largest police force purchase order Siyata has received to date, which we believe underscores the UV350’s unique utility for first responders,” stated Marc Seelenfreund, CEO of Siyata Mobile. “Among the important attributes of the UV350 is its nationwide coverage, coupled with the ability for various first responder groups to instantly communicate with one another on the same network. With the benefits of an all-in-one communication device, we believe that the UV350 will continue to strongly resonate within the first responder community and be an asset that increases efficiency and reliability.” The UV350 is built and designed to minimize the excessive clutter often found in the cabin of first responder vehicles, such as fire trucks, ambulances, and police squad cars, by combining the functions of multiple devices into one. Using Push-to-Talk Over Cellular (PoC), drivers can communicate with crystal-clear sound at the touch of a button, and unlike traditional cellular communication devices, the UV350 is powered by the vehicle’s battery and has cellular signal boosting technology to ensure drivers are always connected in emergency situations. UV350 features include: LTE high-speed data;5.5-inch widescreen light-emitting diode (LED) display for easy monitoring;Dedicated microphone and speaker for crystal-clear, extra-loud sound quality;In-vehicle installation ensures device is always powered by the vehicle's battery;Extended cellular and Global Positioning System (GPS) coverage with external antenna included;Push-to-talk over cellular ensures instant communication at the push of a button. About the Uniden® UV350 The Uniden® UV350 is the first 4G/LTE all-in-one in vehicle fleet communication device that delivers crystal clear cellular voice calls, PoC, mobile applications, and more. This device was designed specifically for commercial vehicles to ensure safer communication for professional drivers. For more information the UV350, visit: https://www.siyatamobile.com/uniden-uv350/ About Siyata Mobile Siyata Mobile Inc. is a Business-to-Business (B2B) global vendor of next generation PoC devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enables 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 the symbol “SYTAW”. Visit siyatamobile.com and unidencellular.com/ to learn more. Investor Relations (Canada):Kin Communications1-866-684-6730SYTA@kincommunications.com Investor Relations (United States)CORE IR516-222-2560SYTA@coreir.com Sales Department:Glenn Kennedy, VP International SalesSiyata Mobile Inc.416-892-1823glenn_kennedy@siyatamobile.com Forward Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Siyata is using forward-looking statements in this press release when it discusses the expected timing of the fulfillment of the purchase order and the potential increase to the order, the belief that the purchase order underscores the UV350’s unique utility for first responders and the belief that the UV350 will continue to strongly resonate within the first responder community and be an asset that increases efficiency and reliability. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

    • Siyata Mobile Appoints Peter Goldstein as Chairman and Adds Seasoned Public Company Executive Luisa Ingargiola to Board of Directors
      GlobeNewswire

      Siyata Mobile Appoints Peter Goldstein as Chairman and Adds Seasoned Public Company Executive Luisa Ingargiola to Board of Directors

      VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), a leading global developer and provider of cellular communications solutions for enterprise customers, today announces the appointment of Peter Goldstein, currently a Siyata Board member, as the Chairman of its Board of Directors. In addition, Luisa Ingargiola, who has extensive experience on public company boards and in the capital markets, has been appointed to the Board of Directors effective as of the shareholders meeting on February 23, 2021. “Peter’s many years in working with emerging growth, publicly traded companies is paramount to our asking him to replace me as Chairman of the Board of Directors. I look forward to being able to rely on his diverse skill set and extensive leadership experience and will work closely with him to ensure that we continue to grow Siyata and maximize our shareholder value,” commented Marc Seelenfreund, CEO of Siyata Mobile. “We are also thrilled to welcome Luisa Ingargiola to our board replacing Brian Budd. Luisa has an extensive capital markets background and we are very fortunate to have her join us. In the meantime, I wish to thank Brian for his time on the Board and we wish him the best in his future endeavors.” Peter Goldstein is a seasoned executive and entrepreneur with more than 30 years as a C-suite executive for public and private companies. He is the founder, chairman, and chief executive officer of Grandview Capital Partners, Inc., a specialized boutique investment bank that provides innovative financial services to select entrepreneurial emerging growth companies. He also serves as managing director of Exchange Listing, LLC, which provides a myriad of services in the strategic planning and implementation of listing on a senior exchange, such as Nasdaq or NYSE, for private companies or those that are listed on alternate exchanges. Luisa Ingargiola currently serves as Chief Financial Officer of Avalon Globocare Corp. (Nasdaq: AVCO), a biotech healthcare company focused on cell-based therapeutic and diagnostic technologies for cancer and other diseases. She also serves on several boards of publicly traded companies including ElectraMeccanica Vehicles Corp (Nasdaq: SOLO) and AgEagle Aerial Systems, Inc. (NYSE American: UAVS), where she is the audit committee chair. 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 the symbol “SYTAW”. Visit siyatamobile.com and unidencellular.com/ to learn more. Twitter: @siyatamobileLinkedin: https://www.linkedin.com/company/siyata-mobile/ On Behalf of the Board, Marc Seelenfreund, President and CEO Investor Relations:Kin Communications1-866-684-6730SYTA@kincommunications.com Forward Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Siyata is using forward-looking statements in this press release when it discusses the expected timing of the fulfillment of the purchase order and the belief that with carrier approvals, sales teams and multiple large scale distribution channels secured throughout 2020, that Siyata is strongly positioned to benefit from the generational shift of enterprises and first responders transitioning from land mobile radio to cellular networks for their communication. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

    • Siyata Mobile Receives US$1.4M Purchase Order to Equip First Responders with its Rugged Handset Devices
      GlobeNewswire

      Siyata Mobile Receives US$1.4M Purchase Order to Equip First Responders with its Rugged Handset Devices

      VANCOUVER, British Columbia, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata” or the “Company”), a leading global developer and provider of cellular communications solutions for enterprise customers, is pleased to announce it has received a US$1.4M purchase order to supply first responders with rugged handset devices. The order will be fulfilled in the beginning of Q1 this year and continue throughout 2021. Siyata's rugged handsets are designed to be “rugged and ready” for enterprise users who require a reliable Push-to-Talk over Cellular device in demanding environments. “We are seeing great sales momentum across all of our product categories and are very excited to be providing first responders with the technology that creates a safer and improved working environment for them while they are on the job,” commented Marc Seelenfreund, CEO of Siyata Mobile. “As we engage customers at multiple cellular carriers, we are confident that this momentum will continue with the disruptive and generational shift towards cellular technology as a replacement for two-way radio which is only in its infancy. First responders no longer have to navigate over 10,000 different and incompatible networks in the U.S. and a host of other challenges in trying to communicate with one another. We anticipate a continued growing adoption of our Push-to-Talk (PTT) devices in the first responder market and are excited to enhance our sales opportunities with our innovative PTT portfolio.” The Company’s rugged devices are available on a carrier-grade Push-to-Talk Over Cellular (PoC) network that allows workers to have nationwide unified communication between one another at the push of a button, ensuring safe and efficient communication when working in public security. Siyata’s rugged handset devices aim to provide customers with the functionality and ease of a rugged smartphone handset, while offering high speed LTE data services and a large PTT button for seamless communication between enterprise users. 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 the symbol “SYTAW”. Visit siyatamobile.com and unidencellular.com/ to learn more. Investor Relations:Arlen HansenKin Communications1-866-684-6730SYTA@kincommunications.com Sales Department:Glenn Kennedy, VP International SalesSiyata Mobile Inc.416-892-1823glenn_kennedy@siyatamobile.com Forward Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Siyata is using forward-looking statements in this press release when it discusses the expected timing of the fulfillment of the purchase order and the belief that with carrier approvals, sales teams and multiple large scale distribution channels secured throughout 2020, that Siyata is strongly positioned to benefit from the generational shift of enterprises and first responders transitioning from land mobile radio to cellular networks for their communication. Because such statements deal with future events and are based on Siyata’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Siyata’s filings with the Securities and Exchange Commission (“SEC”), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.