Siyata Mobile Completes Share and Warrant Offering
Ticker: CHAI · Form: 6-K · Filed: Jul 2, 2024 · CIK: 1649009
| Field | Detail |
|---|---|
| Company | Siyata Mobile INC. (CHAI) |
| Form Type | 6-K |
| Filed Date | Jul 2, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.58, $0.57, $0.01, $5.9 m, $150,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: offering, equity, financing
TL;DR
Siyata Mobile closed a share/warrant offering on 6/26, more cash incoming.
AI Summary
Siyata Mobile Inc. announced the completion of an offering of common shares and pre-funded warrants on June 26, 2024. The filing does not specify the dollar amounts raised or the number of shares/warrants issued in this offering.
Why It Matters
This offering could provide Siyata Mobile with additional capital, potentially impacting its ability to fund operations and future growth initiatives.
Risk Assessment
Risk Level: medium — The company's financial health and the success of this offering in providing sufficient capital are key factors influencing risk.
Key Players & Entities
- Siyata Mobile Inc. (company) — Registrant
- June 26, 2024 (date) — Completion date of offering
FAQ
What was the total amount of funds raised in the common share and pre-funded warrant offering?
The filing states the completion of the offering on June 26, 2024, but does not specify the total amount of funds raised.
How many common shares and pre-funded warrants were issued in the offering?
The filing announces the completion of the offering but does not provide the exact number of common shares or pre-funded warrants issued.
What is the principal executive office address of Siyata Mobile Inc.?
The 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 SIC code?
Siyata Mobile Inc.'s Standard Industrial Classification (SIC) code is 4812, for Radio Telephone Communications.
Does Siyata Mobile Inc. file annual reports under Form 20-F or Form 40-F?
Siyata Mobile Inc. files annual reports under cover of Form 20-F.
Filing Stats: 1,311 words · 5 min read · ~4 pages · Grade level 11.8 · Accepted 2024-07-02 16:52:40
Key Financial Figures
- $0.58 — n Shares”) at a purchase price of $0.58 per Common Share, and (ii) 10,084,700 p
- $0.57 — e Common Shares, at a purchase price of $0.57 per Pre-Funded Warrant, exercisable at
- $0.01 — nt, exercisable at an exercise price of $0.01 per share. The Purchase Agreement conta
- $5.9 m — roceeds to the Company of approximately $5.9 million, before deducing placement agent
- $150,000 — the Offering and reimbursement of up to $150,000 for reasonable and documented fees and
- $1,000,000 — cations sector, for the total amount of $1,000,000 paid in cash at the closing of the curr
- $8.00 — of the Company, at a purchase price of $8.00 per Share, for an aggregate purchase pr
- $1,000,000.00 — are, for an aggregate purchase price of $1,000,000.00. The description of terms and condition
Filing Documents
- ea0208899-6k_siyata.htm (6-K) — 22KB
- ea020889901ex10-2_siyata.htm (EX-10.2) — 471KB
- ea020889901ex99-1_siyata.htm (EX-99.1) — 11KB
- ea020889901ex99-2_siyata.htm (EX-99.2) — 15KB
- ea020889901ex99-3_siyata.htm (EX-99.3) — 12KB
- ex10-2_001.jpg (GRAPHIC) — 4KB
- ex99-1_001.jpg (GRAPHIC) — 6KB
- ex99-2_001.jpg (GRAPHIC) — 9KB
- ex99-3_001.jpg (GRAPHIC) — 7KB
- 0001213900-24-058664.txt ( ) — 569KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 2, 2024 SIYATA MOBILE INC. By: /s/ Marc Seelenfreund Name: Marc Seelenfreund Title: Chief Executive Officer 3