Siyata PTT (Direct Listing)

General Information
Business:

Note: This is NOT an IPO. This is a NASDAQ  Direct Listing. Digital Offering LLC is the financial advisor. The registered shareholders have filed to sell up 6.11 million shares. For illustration purposes, the price is $7.00 – the highest price that the company’s stock has sold for recently, according ot the prospectus.

We are a Canadian company.

From the prospectus: “In December 2025, we completed a separation transaction pursuant to a Stock Purchase Agreement dated December 29, 2025, by and among Core AI Holdings, Inc., Siyata PTT and Seeligang Partners Ltd., a company controlled by our founder, Marc Seelenfreund, under which Core AI Holdings, Inc. sold 90% of the Company’s equity to Seeligang Partners Ltd. and retained a 10% equity interest.”

This prospectus relates solely to the resale of 5,663,010 Class A Shares held by the selling shareholders identified in this prospectus, and 189,000 issuable Class A Shares upon the effectiveness of this prospectus to the following future shareholders – identified in this prospectus – and up to 260,317 Class A Shares issuable upon the exercise of advisory warrants held by Digital Offering LLC and the resale from time to time of any such Class A Shares issued upon exercise.

We are based in Montreal, Canada, is a global developer and seller of Push-to-Talk (PTT) communications devices that work on cellular networks. 

From the prospectus:

 “Our PTT devices include rugged handsets and in-vehicle devices, both of which are used by first responders and enterprise workers. Our PTT rugged handsets are specifically targeted at police, fire, ambulances, hospitals, schools, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, resorts, and mobile workers in multiple industries. Our in-vehicle devices are targeted at organizations with commercial fleet vehicles such as trucks, vans, buses, emergency service vehicles and government vehicles.

 “Unlike existing LMR technology that operates over radio signals, our products operate over standard 4G and 5G cellular networks.”

Note: Net loss and revenue are in U.S. dollars for the year that ended on Dec. 31, 2025.

 

 

Industry: Communications Devices - Push To Talk
Employees:
Founded:
Contact Information
Address
Phone Number
Web Address
View Prospectus: Siyata PTT (Direct Listing)
Financial Information
Market Cap
Revenues $11.15 mil (last 12 months)
Net Income $-15.24 mil (last 12 months)
IPO Profile
Symbol PTT
Exchange NASDAQ
Shares (millions): 6.1
Price range $7.00 - $7.00
Est. $ Volume $42.8 mil
Manager / Joint Managers Digital Offering LLC (Financial Advisor)
CO-Managers
Expected To Trade: 9/30/2026
Day: Wednesday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change