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NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: S

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Post# of 96
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Posted On: 09/24/2020 3:02:52 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D) Initiates Share Consolidation in Support of Strategic Initiatives

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D), a B2B global vendor of next-generation cellular solutions, on Wednesday announced that, in support of its recently announced strategic initiatives, the company will proceed with the consolidation of its common shares (each a “ share ”) on the basis of 145 pre-consolidation shares for one (1) post-consolidation share (the “ consolidation ”). According to the update, the consolidation will become effective at the close of market on September 24, 2020, and the post-consolidated shares will commence trading at the open of the market on Friday September 25, 2020. The new CUSIP number is 83013Q509, and there is no name change in conjunction with the consolidation. Following completion, a total of 1,013,203 shares will be outstanding, subject to rounding adjustments.

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