Siyata Mobile Inc. Files May 2024 6-K Report

Ticker: CHAI · Form: 6-K · Filed: May 13, 2024 · CIK: 1649009

Siyata Mobile INC. 6-K Filing Summary
FieldDetail
CompanySiyata Mobile INC. (CHAI)
Form Type6-K
Filed DateMay 13, 2024
Risk Levellow
Pages4
Reading Time4 min
Key Dollar Amounts$1,750,000
Sentimentneutral

Sentiment: neutral

Topics: reporting, foreign-private-issuer, company-update

Related Tickers: SYTA

TL;DR

Siyata Mobile (SYTA) filed its May 6-K, confirming its foreign private issuer status and previous name changes.

AI Summary

On May 13, 2024, Siyata Mobile Inc. filed a Form 6-K report. The company, based in Surrey, British Columbia, Canada, is a foreign private issuer and is filing its report for the month of May 2024. Siyata Mobile Inc. previously operated under the name Siyata Mobile, Inc. and SIYATA MOBILE INC.

Why It Matters

This filing indicates ongoing reporting requirements for Siyata Mobile Inc. as a foreign private issuer, providing updates to the SEC.

Risk Assessment

Risk Level: low — This is a routine filing for a foreign private issuer and does not contain new financial or operational information that would inherently increase risk.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is a report of foreign private issuers that is required to be filed with the SEC to provide information that the issuer makes or is required to make public in its home country, files or makes public with a stock exchange, or distributes or makes public to its security holders.

What is Siyata Mobile Inc.'s primary business?

The filing indicates Siyata Mobile Inc. is in the 'RADIO TELEPHONE COMMUNICATIONS' industry (SIC code 4812).

Where is Siyata Mobile Inc. headquartered?

Siyata Mobile Inc.'s principal executive office is located at 7404 King George Blvd., Suite 200, King's Cross, Surrey, British Columbia V3W 1N6, Canada.

What is Siyata Mobile Inc.'s SEC file number?

Siyata Mobile Inc.'s SEC file number is 001-39557.

Has Siyata Mobile Inc. changed its name previously?

Yes, the company was formerly known as Siyata Mobile, Inc. and SIYATA MOBILE INC.

Filing Stats: 1,081 words · 4 min read · ~4 pages · Grade level 16.7 · Accepted 2024-05-13 16:58:45

Key Financial Figures

Filing Documents

From the Filing

OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the Month of: May, 2024 Commission File Number: 001-39557 Siyata Mobile Inc. (Translation of registrant’s name into English) 7404 King George Blvd., Suite 200, King’s Cross Surrey, British Columbia V3W 1N6, Canada (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F On May 13, 2024, Siyata Mobile Inc., a British Columbia (Canada) company (“Siyata” or the “Company”) that is a global vendor of Push-to-Talk over Cellular devices and of cellular signal booster systems, issued a press release announcing that its SD7 Handset has been added to the ‘Free Feature Phone for Life’ promotion from FirstNet®, Built with AT&T. The Company’s press release is filed as Exhibit 99.1 to this Report and is incorporated herein by reference. IR Agency, LLC Consulting Agreement Additionally on May 10, 2024, the Company entered into a consulting agreement (the “IR Agency Consulting Agreement”) with IR Agency, LLC (“IR Agency”), a provider of investor relations-related services. Pursuant to the IR Agency Consulting Agreement, Company has engaged IR Agency, on a non-exclusive basis, to prepare marketing materials and leverage digital newsletters to build a digital community of potential investors in the Company. As consideration for its performance under the IR Agency Consulting Agreement, Company will pay IR Agency a fee of $1,750,000 in cash. IR Agency is not a registered broker-dealer or investment advisor and will not engage in any activities on behalf of Company that would require it to be registered as a broker-dealer or investment advisor. In addition, IR Agency is being engaged by Company as an independent contractor and not in an employer-employee or joint venturer relationship. The IR Agency Consulting Agreement has a term of six (6) months and may be terminated by written notice, with or without cause, by Company at any time. Pursuant to the IR Agency Consulting Agreement, both parties agree to hold each other’s proprietary or confidential information in strict confidence. “ Proprietary or Confidential Information ” shall include, but is not limited to, written or oral contracts, trade secrets, know-how, business methods, business policies, memoranda, reports, records, computer retained information, notes, or financial information. Proprietary or Confidential Information shall not include any information which: (i) is or becomes generally known to the public by any means other than a breach of the obligations of the receiving party; (ii) was previously known to the receiving party or rightly received by the receiving party from a third party; (iii) is independently developed by the receiving party; or (iv) is subject to disclosure under court order or other lawful process. Both parties agree not to make each other’s Proprietary or Confidential Information available in any form to any third party or to use each other’s Proprietary or Confidential Information for any purpose other than as specified in the IR Agency Consulting Agreement. Each party’s Proprietary or Confidential Information shall remain the sole and exclusive property of that party. Both parties agree that in the event of use or disclosure by the other party other than as specifically provided for in the IR Agency Consulting Agreement, the non-disclosing party may be entitled to equitable relief. Notwithstanding termination or expiration of the IR Agency Consulting Agreement, the parties acknowledge and agree that their obligations of confidentiality with respect to Proprietary or Confidential Information shall continue in effect for a total period of three (3) years from the termination date. Also, during the term of the IR Agency Consulting Agreement, IR Agency acknowledges that in order to prepare appropriate advertising in a timely manner it may be made aware of price sensitive or confidential information that has not been publicly disclosed yet. IR Agency confirms that it is fully aware of its obligations in relation to such information and will ensure that the confidentiality of such information is maintained at all times and that it, and its employees and contractors, are all fully aware of and comply with, all appropriate securities laws and regulations in relation to insider trading and related matters. The IR Agency Consulting Agreement is governed by the laws of the State of New Jersey. The foregoing description of the IR Agency Consulting Agreement of this Current Report is qualified in its entirety by reference to the full text of the IR Agency Consulting A

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