Siyata Mobile Inc Stock Price, News & Analysis

Siyata Mobile (Nasdaq: SYTA) has announced two significant developments. First, the company has postponed its press conference originally scheduled for January 9, 2025, to focus on pursuing an immediate business opportunity. The conference will be rescheduled later this month.

Additionally, the company has secured a substantial order from a major transit authority for over 2,000 SD7 handsets and accessories, which will replace the authority's existing mobile land radios. The delivery is expected in Q1 2025.

Siyata Mobile Inc. (SYTA) has announced a 1-for-10 reverse stock split effective December 27, 2024. The split aims to comply with Nasdaq's $1.00 minimum bid price requirement for continued listing. Following the split, SYTA will continue trading under the same symbol with a new CUSIP number 83013Q 889.

The reverse split will automatically convert every 10 current shares into one new share. All outstanding stock options, warrants, and convertible securities will be adjusted accordingly. No fractional shares will be issued, with all fractions rounded up to the next whole number. The split won't affect the par value or authorized number of shares.

Siyata Mobile (Nasdaq: SYTA) is set to announce a pivotal corporate milestone on January 9, 2024, at 4:30 p.m. ET during an exclusive online press conference. The announcement is described as the most significant development in the company's history and is the result of months of strategic negotiations. CEO Marc Seelenfreund encourages shareholders to attend to understand the implications for 2025.

Siyata Mobile is rapidly establishing itself as a leader in the Push-to-Talk over Cellular (PoC) industry, with recent achievements including a record-breaking quarterly revenue of $5.9 million, representing a 200% year-over-year increase. The company has also secured a $2.5 million order for Q1 2025 and a significant order from a Dutch transportation company, marking a milestone in its international expansion. The launch of the SD7 Ultra Series 5G devices has garnered global attention, reinforcing Siyata's position in mission-critical communications.

Details on how to join the press conference will be released shortly, and media representatives are encouraged to RSVP or request additional information by contacting IR@siyata.net.

Siyata Mobile (Nasdaq: SYTA) announces an upcoming press conference on January 9, 2025, at 4:30 p.m. ET to reveal a pivotal corporate milestone. The company, a global developer of Push-to-Talk over Cellular (PoC) handsets and accessories, has recently achieved significant growth with record-breaking quarterly revenue of $5.9 million, representing a 200% year-over-year increase.

The company has secured a $2.5 million order for Q1 2025 and expanded internationally with a notable order from a major Dutch transportation company. Siyata's SD7 Ultra Series 5G devices are gaining global recognition, strengthening its position in mission-critical communications. CEO Marc Seelenfreund emphasizes that this upcoming announcement represents the culmination of months of strategic negotiations and will have significant implications for 2025.

Siyata Mobile (SYTA) has secured its first major order in The Netherlands from a prominent national Dutch transportation company. The order consists of 550 SD7 handsets to be delivered in Q4 2024, marking a significant milestone in the company's international expansion beyond North America.

The order demonstrates Siyata's growing presence in the global Push-to-Talk over Cellular (PoC) industry. The company's PoC devices offer advantages over traditional two-way radios, including superior coverage, enhanced audio clarity, and cost efficiency. While the U.S. remains Siyata's primary focus, this Dutch contract highlights the international appeal of their communication solutions.

Siyata Mobile (NASDAQ: SYTA) has announced plans to relocate its manufacturing operations from China to the United States in 2025. This strategic move encompasses both current 4G and next-generation 5G PTT handset production. CEO Marc Seelenfreund expressed optimism about the company's position, noting that capital expenditures have improved all performance metrics.

The company has scheduled an upcoming press conference to announce what they describe as a 'next level shareholder value creation event.' This development comes at a time when Seelenfreund claims the company is in its strongest position since inception.

Siyata Mobile (Nasdaq: SYTA) announced an upcoming press event scheduled for late December 2024 to showcase a significant material development. The company, which develops Push-to-Talk over Cellular handsets and accessories, reported several recent achievements: record quarterly revenue of $5.9 million (200% year-over-year increase), a $2.5 million order for Q1 2025, and the launch of next-generation SD7 Ultra Series 5G mission-critical push-to-talk handsets for T-Mobile's network. CEO Marc Seelenfreund stated the company is in its strongest position ever, with improved performance metrics across the board.

Siyata Mobile (Nasdaq: SYTA) has announced plans to relocate its manufacturing operations from China to the United States in 2025. The move affects both current 4G and next-generation 5G Push-to-Talk over Cellular (PoC) handsets and accessories. The company expects to begin U.S. manufacturing operations in Q1 2025.

According to CEO Marc Seelenfreund, this strategic decision aims to expand global sales opportunities, particularly in the U.S. market. The relocation is expected to benefit governmental agencies and first responders who prefer American-made products, while also reducing delivery lead times and improving logistics infrastructure.

Siyata Mobile Inc. (Nasdaq: SYTA) reports growing sales momentum for its Bluetooth Remote Speaker Mic (RSM), a Push-to-Talk device compatible with both Android and iOS smartphones. The device functions like a traditional wired palm microphone, featuring IP-65 rating for rugged use.

Key reseller Novatek DMI has successfully deployed the RSM to various customers, including a large grocery store chain warehouse and a school bus company. The company highlights that the RSM's recent iOS compatibility expansion has increased its market potential in the $7 billion PTT market.