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: August, 2023
Commission File Number: 001-39557
Siyata Mobile Inc.
(Translation of registrant’s name into English)
1751 Richardson Street, Suite #2207,
Montreal, Quebec H3K-1G6, 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
Attached
hereto as Exhibit 99.1 and incorporated by reference herein is Siyata Mobile Inc.’s press release, dated August 24, 2023.
Forward Looking Statements
This Report of Foreign Private Issuer on Form 6-K
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. Because such statements deal with future events and are based on the Company’s
current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of the Company
could differ materially from those described in or implied by the statements in this Report. The forward-looking statements contained
or implied in this Report are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors”
in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on May 15, 2023,
and in any subsequent filings with the SEC. Except as otherwise required by law, the Company 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 and social media have been provided as a convenience, and the information contained
on such websites is not incorporated by reference into this Report. The Company is not responsible for the contents of third-party websites.
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: August 24, 2023 |
SIYATA MOBILE INC. |
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|
|
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By: |
/s/ Marc Seelenfreund |
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Name: |
Marc Seelenfreund |
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Title: |
Chief Executive Officer |
Exhibit 99.1
N E W S R E L E A S E
Siyata Mobile Regains
Compliance with Nasdaq Minimum Bid Price Requirement
Vancouver, BC –
August 24, 2023 -- Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) (“Siyata”
or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems,
announced that it has received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained
compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Stock Market.
The notice indicated
that, as a result of the closing bid price of the Company’s common share having been $1.00 per share or greater for at least ten consecutive
business days, from August 9, 2023 through August 22, 2023, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and
the matter has been closed.
About Siyata Mobile
Siyata Mobile Inc.
is a B2B global vendor of next-generation Push-To-Talk over Cellular devices, cellular booster systems, and video monitoring solutions.
Its portfolio of in-vehicle and rugged devices enables first responders and enterprise workers to instantly communicate, over a nationwide
cellular network of choice, to increase situational awareness and save lives.
Its portfolio of enterprise-grade
and consumer cellular booster systems enables first responders and enterprise workers to amplify cellular signals in remote areas, inside
structural buildings where signals are weak, and within vehicles for the maximum cellular signal strength possible.
For its video monitoring
system, Siyata integrates software that we license with off-the-shelf hardware providing our customers with an integrated advanced camera
system for management and visual monitoring of their fleet vehicles.
Siyata’s common shares
trade on the Nasdaq under the symbol “SYTA,” and its previously issued warrants trade on the Nasdaq under the symbol “SYTAW.”
Visit siyatamobile.com and unidencellular.com
to learn more.
Investor Relations (Canada):
Kin Communications
1-866-684-6730
SYTA@kincommunications.com
Investor Relations (United States):
Brett Maas
Hayden IR
SYTA@Haydenir.com
646-536-7331
Siyata Mobile Corporate:
Glenn Kennedy, VP of International Sales
Siyata Mobile Inc.
glenn@siyata.net
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. 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 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 and social
media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference
into this press release.
- END -
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