Siyata Mobile stock falls after reverse split and ticker change

Siyata Mobile, Inc. stock (ISIN US87132W1071) has just undergone a significant corporate action, with a 1-for-4 reverse split and a ticker change to CHAI that took effect in mid-September 2026, reshaping the share structure for existing investors according to Robinhood on September 19, 2026.

Reverse split and new CHAI ticker

According to Robinhood on September 19, 2026, Siyata Mobile completed a 1-for-4 reverse split of its common shares, meaning shareholders now hold 1 share of the new CHAI symbol for every 4 shares of SYTA previously held.

The same corporate action tracker notes that fractional shares resulting from the split are being retained, rather than cashed out or rounded, which can slightly adjust the exact post-split holdings for investors with non-integer positions in the former SYTA shares.Robinhood

Impact on share count and trading dynamics

A 1-for-4 reverse split reduces the number of outstanding shares by a factor of four and mechanically multiplies the share price by the same factor on the effective date, leaving the company’s overall market capitalization unchanged on a purely mathematical basis.

For investors, the key operational effect is that positions expressed in share counts are now one quarter of their previous size, while the price per share is correspondingly higher, which can influence perceived volatility and bid-ask spreads in daily trading.

Stock trading context after the split

The reference listing for Siyata Mobile remains on a US exchange in US dollars, with the CHAI ticker now representing the post-split common shares; the reverse split and ticker change are designed to consolidate the share base and may help the company address listing requirements related to minimum price levels.

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