Siyata Mobile Inc Stock Price, News & Analysis

Siyata Mobile Inc. (SYTA, SYTAW) announced that it received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2020. The company must submit a compliance plan by July 16, 2021, which, if accepted, could grant an extension of up to 180 days for compliance. The notice does not currently affect the listing of its securities on Nasdaq.

Siyata Mobile Inc. (SYTA, SYTAW) announced a delay in releasing its Q4 2020 and Q1 2021 financial results, previously scheduled for May 17, 2021. The earnings call set for May 18, 2021, has also been postponed. The specific new release date and time, along with the rescheduled conference call, will be communicated by management later. Siyata specializes in Push-to-Talk over Cellular devices and cellular booster systems, aiming to enhance communication for first responders and enterprise workers.

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) will announce its Q4 2020 and Q1 2021 financial results on May 17, 2021, after market close. A conference call is scheduled for May 18, 2021, at 8:30 a.m. ET to discuss these results. The company will also participate in the Benzinga Global Small Cap Conference on May 14 and the Q2 Virtual Investor Summit on May 17. Investors can attend the conference calls via a pre-registration link.

Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) announced it will release its fourth quarter and year-end 2020 financial results, along with the Canadian Annual Information Form, by May 17, 2021. The company will also disclose its first quarter 2021 financial results on the same day, followed by a conference call featuring key executives. Siyata specializes in Push-to-Talk over Cellular devices and cellular booster systems tailored for first responders and enterprise workers, enhancing communication and situational awareness.

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) issued a statement clarifying the impact of a cease trade order (CTO) by the British Columbia Securities Commission on April 8, 2021, due to financial reporting discrepancies. The CTO does not affect trading of its shares on the Nasdaq. The company is actively working to update its Canadian filings as required. Investors facing trading difficulties are advised to contact their brokers with the CTO document and can reach out to the company for further assistance.

Siyata Mobile Inc. (SYTA, SYTAW) has completed its acquisition of ClearRF, LLC for US$700,000 in cash and shares. ClearRF, based in Spokane, Washington, specializes in M2M cellular amplifiers designed for commercial and industrial applications, enabling real-time telemetry and control. This acquisition is pivotal as it enhances Siyata's portfolio with patented amplifiers that improve connectivity in low-signal environments, bolstering its position in the cellular booster market.

Siyata Mobile Inc. (SYTA, SYTAW) announced plans to develop a ruggedized MCPTT device aimed at first responders, leveraging Softil's BEEHD technology. This new push-to-talk device will enhance communication for police, fire, and ambulance teams across North America and international markets. The launch is anticipated in the second half of 2021, with efforts to capture market share in utilities and transportation sectors. Siyata aims to capitalize on the MCPTT revolution, supported by its prior achievements in 4G LTE communications.

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) announced that its V.P. of Corporate Development, Daniel Kim, will present at the Maxim Group’s Inaugural Emerging Growth Virtual Conference on March 17-18, 2021. Investors can register to view the presentation and request 1x1 meetings with Mr. Kim after the conference. Siyata specializes in next-generation Push-To-Talk over Cellular (PoC) devices and cellular booster systems, enhancing communication for enterprise users and first responders. Their products improve cellular connectivity in challenging environments.