Siyata Mobile Prices 50M Share Offering At $0.045/Share
Portfolio Pulse from Bill Haddad
Siyata Mobile has priced its 50 million share offering at $0.045 per share.
June 27, 2023 | 12:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Siyata Mobile's 50 million share offering is priced at $0.045 per share, potentially diluting existing shareholders.
The offering of 50 million shares at $0.045 per share will increase the number of outstanding shares, potentially diluting the value of existing shares. This may lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100