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Stock impact report

Siyata Mobile Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Siyata Mobile, Inc. - Common Shares (SYTA) 
Company Research Source: Accesswire
VANCOUVER, BC / ACCESSWIRE / September 1, 2022 / 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 the Company had received a notification letter dated August 26, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's common shares, no par value per share ("Common Shares"), was below $1.00 per share for a period of 30 consecutive business days.This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's Common Shares, which will continue to trade u Show less Read more
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