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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman LLP Represents Spartan Capital in Client’s $4 Million Offering

Lucosky Brookman LLP is pleased to announce that it has represented Spartan Capital Securities, LLC as they guided their client Siyata Mobile Inc. (Nasdaq: SYTA; SYTAW) (“Siyata” or the “Company”), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, in a public offering of approximately $4.0 million of common shares and pre-funded warrants.

The proceeds from the offering are intended for use as working capital, general corporate purposes, payments for marketing and advertising services, and potential future acquisitions.

Marc Seelenfreund, CEO of Siyata, expressed optimism about the Company's growth and its position in the PoC market, which he described as a multi-billion-dollar industry.

Spartan Capital Securities, LLC acted as the sole placement agent for the offering, which closed on May 10, 2024.