SIYATA MOBILE, INC. UNDERWRITING AGREEMENTUnderwriting Agreement • September 30th, 2020 • Siyata Mobile Inc. • Radiotelephone communications • New York
The undersigned, Siyata Mobile, Inc., a corporation incorporated under the laws of British Columbia (the “Company”), hereby confirms its agreement (this “Agreement”) to issue and sell to the underwriter or underwriters, as the case may be, named in Schedule I hereto (each, an “Underwriter” and, collectively, the “Underwriters;”), for whom Maxim Group LLC is acting as representative (in such capacity, the “Representative”), an aggregate of 2,100,000 units, (the “Units”), each unit consisting of one common share, no par value per share of the Company (“Common Shares” and the Common Shares sold as part of the Units, the (“Firm Shares”)) together with a warrant to purchase one Common Share at an exercise price of $6.85 per share (the warrants sold as part of the Units, the “Firm Warrants”) and (B) at the election of the Representative, (i) up to an additional 266,000 Common Shares (the “Option Shares” and together with the Firm Shares, the “Shares”) and/or (ii) up to an additional 266,000
