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: July,
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
On July 6, 2023, Siyata Mobile Inc., a global
vendor of Push-to-Talk over Cellular devices and cellular signal booster systems, announced that it has secured its largest SD7 order
ever in the Company’s history from a single customer. The order is valued at approximately $1.4 million.
The press release is attached hereto as Exhibit
99.1.
The information and documents furnished in this
Report shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section.
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.
EXHIBIT INDEX
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 6, 2023 |
SIYATA MOBILE INC. |
|
|
|
|
By: |
/s/ Marc Seelenfreund |
|
Name: |
Marc Seelenfreund |
|
Title: |
Chief Executive Officer |
2
Exhibit 99.1
N E W S R E L E A S E
Siyata Mobile Secures Largest Single SD7 Order
in Company History
$1.4 Million Order to Deliver SD7 Handsets to
Major U.S. Wireless Carrier
VANCOUVER, BC / ACCESSWIRE / July 6, 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, today announced that it has secured its largest SD7 order ever in the Company’s history from
a single customer. The order is valued at approximately $1.4 million.
The Company expects to deliver this new order
in the second half of 2023.
Marc Seelenfreund, CEO of Siyata, stated, “This
order brings our total of publicly announced orders for 2023 to $6.1 million, which relative to $6.0 million in revenue for the full year
2022, sets us on a pace for strong growth in 2023. Our sales momentum is accelerating, and we are extremely encouraged by the traction
we are gaining with our channel partners. Our SD7 handsets are approved for use by all major U.S. wireless carriers and we believe that
this large order by one of those carriers signals its expectations for increasing demand from its enterprise customers for our Push-to-Talk
Over Cellular handset. Increasingly, organizations are adopting PoC as a standard for cost-effective, high quality two-way communication
with use cases reaching beyond traditional emergency response. Our SD7 handsets are widely available through a multitude of distribution
points. New orders are increasing, demand is robust and our pipeline of new markets and potential new customers is expanding.”
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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