Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
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Under the Securities Exchange Act of 1934
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(Amendment No. )*
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Siyata Mobile Inc.
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(Name of Issuer)
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Common shares, no par value
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(Title of Class of Securities)
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83013Q509
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(CUSIP Number)
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January 11, 2022
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(Date of Event which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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Rule 13d-1(b)
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Rule 13d-1(c)
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Rule 13d-1(d)
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___________________________________
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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1
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Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Lind Global Fund II LP
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [x]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Delaware
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
854,515
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6 Shared Voting Power
0
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7 Sole Dispositive Power
854,515
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8 Shared Dispositive Power
0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
854,515(1)
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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11
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Percent of Class Represented by Amount in Row (9)*
6.6%(2)
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12
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Type of Reporting Person (See Instructions)
PN
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(1) The reporting person’s ownership consists of (a) 435,265 common shares, (b) warrants to purchase 435,000 common shares (the “Public Warrants”), (c) warrants to purchase
1,892,857 common shares (the “Private Placement Warrants”) and (d) a senior secured convertible promissory note which may be converted into common shares (the “Note”). However, due to certain beneficial ownership limitations, the reporting person’s
beneficial ownership of the Private Placement Warrants is limited to 419,250 Private Placement Warrants and the reporting person’s beneficial ownership of the Public Warrants and the Note have been excluded.
(2) Each of the Note and the Private Placement Warrants include a provision limiting the holder’s ability to convert or exercise the Note or the Private Placement Warrants,
respectively, to the extent that such conversion or exercise would cause the holder to beneficially own greater than 9.99% of the Company; the Public Warrants include a provision limiting the holder’s ability to exercise the Public Warrants to the
extent that such exercise would cause the holder to beneficially own greater than 4.99% of the Company.
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1
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Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Lind Global Fund II LLC
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [x]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Delaware
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
854,515
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6 Shared Voting Power
0
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7 Sole Dispositive Power
854,515
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8 Shared Dispositive Power
0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
854,515(1)
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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11
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Percent of Class Represented by Amount in Row (9)*
6.6%(2)
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12
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Type of Reporting Person (See Instructions)
OO
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(1) The reporting person’s ownership consists of (a) 435,265 common shares, (b) 435,000 Public Warrants, (c) 1,892,857 Private Placement Warrants and (d) the Note. However, due to
certain beneficial ownership limitations, the reporting person’s beneficial ownership of the Private Placement Warrants is limited to 419,250 Private Placement Warrants and the reporting person’s beneficial ownership of the Public Warrants and the
Note have been excluded.
(2) Each of the Note and the Private Placement Warrants include a provision limiting the holder’s ability to convert or exercise the Note or the Private Placement Warrants,
respectively, to the extent that such conversion or exercise would cause the holder to beneficially own greater than 9.99% of the Company; the Public Warrants include a provision limiting the holder’s ability to exercise the Public Warrants to the
extent that such exercise would cause the holder to beneficially own greater than 4.99% of the Company.
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1
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Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Lind Global Macro Fund, LP
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [x]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Delaware
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
435,265
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6 Shared Voting Power
0
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7 Sole Dispositive Power
435,265
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8 Shared Dispositive Power
0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
435,265(1)
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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11
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Percent of Class Represented by Amount in Row (9)*
3.5%(2)
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12
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Type of Reporting Person (See Instructions)
PN
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(1) The reporting person’s ownership consists of (a) 435,265 common shares and (b) 435,000 Public Warrants, however, due to the exercise limitations of the Public Warrants, the
reporting person’s beneficial ownership of the Public Warrants has been excluded.
(2) The Public Warrants include a provision limiting the holder’s ability to exercise the Public Warrants to the extent that such exercise would cause the holder to beneficially
own greater than 4.99% of the Company.
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1
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Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Lind Global Partners LLC
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [x]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
Delaware
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
435,265
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6 Shared Voting Power
0
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7 Sole Dispositive Power
435,265
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8 Shared Dispositive Power
0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
435,265(1)
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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11
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Percent of Class Represented by Amount in Row (9)*
3.5%(2)
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12
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Type of Reporting Person (See Instructions)
OO
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(1) The reporting person’s ownership consists of (a) 435,265 common shares and (b) 435,000 Public Warrants, however, due to the exercise limitations of the Public Warrants, the
reporting person’s beneficial ownership of the Public Warrants has been excluded.
(2) The Public Warrants include a provision limiting the holder’s ability to exercise the Public Warrants to the extent that such exercise would cause the holder to beneficially
own greater than 4.99% of the Company.
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Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Jeff Easton
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2
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Check the Appropriate Box if a Member of a Group (See Instructions)
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(a) [ ]
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(b) [x]
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3
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SEC Use Only
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4
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Citizenship or Place of Organization.
United States
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Number
of Shares
Beneficially
Owned by
Each
Reporting
Person With
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5 Sole Voting Power
1,289,780
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6 Shared Voting Power
0
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7 Sole Dispositive Power
1,289,780
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8 Shared Dispositive Power
0
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
1,289,780(1)
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
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11
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Percent of Class Represented by Amount in Row (9)*
9.9%(2)
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12
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Type of Reporting Person (See Instructions)
IN
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(1) The reporting person’s ownership consists of (a) 870,530 common shares, (b) 870,000 Public Warrants, (c) 1,892,857 Private Placement Warrants and (d) the Note. However, due to
certain beneficial ownership limitations, the reporting person’s beneficial ownership of the Private Placement Warrants is limited to 419,250 Private Placement Warrants and the reporting person’s beneficial ownership of the Public Warrants and the
Note are excluded.
(2) Each of the Note and the Private Placement Warrants include a provision limiting the holder’s ability to convert or exercise the Note or the Private Placement Warrants,
respectively, to the extent that such conversion or exercise would cause the holder to beneficially own greater than 9.99% of the Company; the Public Warrants include a provision limiting the holder’s ability to exercise the Public Warrants to the
extent that such exercise would cause the holder to beneficially own greater than 4.99% of the Company.
Item 1.
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(a)
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Name of Issuer
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Siyata Mobile Inc.
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(b)
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Address of Issuer’s Principal Executive Offices
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1001 Lenoir St., Suite A-414
Montreal, QC H4C 2Z6
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Item 2.
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(a)
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Name of Person Filing
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This statement is filed by the following entities and individuals (collectively, referred to as the “Reporting Persons”):
• Lind Global Fund II LP, a Delaware limited partnership;
• Lind Global Partners II LLC, a Delaware limited liability company;
• Lind Global Macro Fund LP, a Delaware limited partnership;
• Lind Global Partners LLC, a Delaware limited liability company; and
• Jeff Easton, an individual and a citizen of the United States of America.
Lind Global Partners II LLC, the general partner of Lind Global Fund II LP, may be deemed to have sole voting and dispositive power with respect to the shares held by Lind Global Fund II LP.
Lind Global Partners LLC, the general partner of Lind Global Macro Fund, LP, may be deemed to have sole voting and dispositive power with respect to the shares held by Lind Global Macro Fund, LP.
Jeff Easton, the managing member of Lind Global Partners II LLC and Lind Global Partners LLC, may be deemed to have sole voting and dispositive power with respect to the shares held by Lind
Global Macro Fund, LP and Lind Global Fund II LP.
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(b)
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Address of Principal Business Office or, if none, Residence
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The address of the principal business office for each of the Reporting Persons is:
444 Madison Ave, Floor 41
New York, NY 10022
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(c)
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Citizenship
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See Row 4 of cover page for each Reporting Person.
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(d)
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Title of Class of Securities
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Common shares, no par value
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(e)
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CUSIP Number
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83013Q509
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If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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Not applicable.
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Ownership
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Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
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(a)
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Amount Beneficially Owned
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See Row 9 of cover page for each Reporting Person.
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(b)
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Percent of Class
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See Row 11 of cover page for each Reporting Person.
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(c)
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Number of shares as to which such person has:
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(i)
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sole power to vote or to direct the vote
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See Row 5 of cover page for each Reporting Person. |
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(ii)
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shared power to vote or to direct the vote
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See Row 6 of cover page for each Reporting Person.
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(iii)
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sole power to dispose or to direct the disposition of
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See Row 7 of cover page for each Reporting Person. |
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(iv)
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shared power to dispose or to direct the disposition of
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See Row 8 of cover page for each Reporting Person.
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Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of
the class of securities, check the following ☐.
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Ownership of More tha
n Five Percent on Behalf of Another Person
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Not applicable.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
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Not applicable.
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Identification and Classification of Members of the Group
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Please see the attached statement in Exhibit 99.2.
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Notice of Dissolution of Group
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Not Applicable.
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Certification
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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Exhibit
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Joint Filing Agreement by and among the Reporting Persons.
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Item 8 Statement.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
January 14, 2022
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LIND GLOBAL MACRO FUND, LP
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By:
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Lind Global Partners LLC
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its General Partner
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By:
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/s/ Jeff Easton
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Name:
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Jeff Easton
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Title:
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Managing Member
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LIND GLOBAL PARTNERS LLC
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By:
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/s/ Jeff Easton
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Name:
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Jeff Easton
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Title:
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Managing Member
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LIND GLOBAL FUND II LP
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/s/ Jeff Easton
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By:
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Lind Global Partners II LLC
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its General Partner
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By:
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/s/ Jeff Easton
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Name:
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Jeff Easton
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Title:
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Managing Member
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LIND GLOBAL PARTNERS II LLC
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By:
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/s/ Jeff Easton
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Name:
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Jeff Easton
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Title:
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Managing Member
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JEFF EASTON
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/s/ Jeff Easton
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| Jeff Easton |
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