COMMON SHARE PURCHASE WARRANT SIYATA MOBILE INC.Siyata Mobile Inc. • January 19th, 2023 • Radiotelephone communications • New York
THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [_____], 20__1 (the “Termination Date”) but not thereafter, to subscribe for and purchase from SIYATA MOBILE INC., a company incorporated under the laws of British Columbia (the “Company”), up to [___] of the Company’s common shares without par value (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
January 18, 2023 To: Holder of Common Share Purchase Warrants Re: Inducement Offer and Agreement to Exercise Common Share Purchase Warrants Dear Holder:Siyata Mobile Inc. • January 19th, 2023 • Radiotelephone communications
Siyata Mobile Inc., a British Columbia corporation (the “Company”), is pleased to offer to you the opportunity to exercise the Common Share Purchase Warrants issued to you on October 12, 2022 (with a current exercise price of $0.23 per share) (collectively, the “Existing Warrants”), currently held by you (the “Holder”). The offer and resale of the common shares, no par value per share (“Common Shares”), underlying the Existing Warrants (“Warrant Shares”) have been registered pursuant to registration statement Form F-1 (File No. 333-268536) (the “Registration Statement”). The Registration Statement is currently effective and, upon exercise of the Existing Warrants pursuant to this letter agreement, will be effective for the issuance or sale, as the case may be, of the Warrant Shares. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Existing Warrant.
