Siyata Mobile Priced 2.4M Share Offering At $0.65/Share
Portfolio Pulse from Benzinga Newsdesk
Siyata Mobile has priced its 2.4 million share offering at $0.65 per share.
October 27, 2023 | 1:42 pm
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Siyata Mobile's share offering at $0.65 per share could potentially dilute the value of existing shares.
The offering of 2.4 million shares at $0.65 per share by Siyata Mobile could lead to dilution of the value of existing shares. This is because the increase in the number of shares in circulation can reduce the earnings per share, which could potentially lead to a decrease in the stock price.
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