24/7 Market News: Core Gaming Merger in Line With Siyata Mobile's Smart Reshoring Play
Siyata's twin moves, its $160 million Core Gaming merger and reshoring the production of its rugged communications devices, are the cornerstone of its tariff-resilient business model.
Core Gaming logo
Aitan Zacharin, CEO of Core Gaming and slated to head the combined Company, recently presented the Company's 'Fueling Growth Through Innovation and Creativity' plans.
Core Gaming is focused on the mobile gaming market, with its estimated 2.5 billion users, and developed relationships with the leading advertising platforms, including Google, TikTok and Facebook, and works in tandem with other gaming companies, including AppLovin.
The Core Gaming acquisition, slated to close this month, is where the real tariff-dodging advantages are. Valued at $185.9 million by ValueScope, Core's $80 million 2024 revenue and 40 million monthly active users (MAUs) create a healthy digital realm of 2,000+ mobile games with over 790 million downloads, across 140 countries, which are immune to shipping levies. Unlike physical goods hammered by proposed tariffs, Core's AI-driven apps zip globally tariff-free, eyeing a $126 billion mobile gaming market.
With ValueScope projecting Core's revenues to grow to $240.8 million by 2026 here, SYTA's legacy stake should follow.
Siyata logo
Siyata Mobile (NASDAQ: SYTA)
Siyata was already quietly outmaneuvering the tariff storm that's rattling the global markets. Now, with U.S. interest rates dropping and Treasury yields dipping below 4%, the economic winds favor domestic agility. Siyata's pivot to bring its Push-to-Talk (PTT) handset production from China to the United States began in 2024.
Reshoring's a no-brainer advantage. With tariffs jacking up import costs, SYTA's domestic shift slashes exposure. Its SD7 handsets, rugged darlings of first responders and fleets, now skip the cross-border tax hit to keep margins healthy amid its share of the $7 billion PoC market.
The $160 million Core Gaming merger includes a built-in safety net for Siyata's shareholders, blending upside potential with downside protection. Announced February 26, 2025, and slated for an April close, this merger's structure could basically double the record date shareholders' stake, depending on the upcoming price action.
ValueScope logo
ValueScope, LLC, a Marshall & Stevens company, is recognized as the gold standard in financial valuation. From blockbuster mergers to high-stakes litigation, ValueScope has left its mark on some of Wall Street's prime transactions, wielding a meticulous approach that's the envy of the Street.
Please click here to view ValueScope's Core Gaming valuation report.
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About Siyata Mobile
Siyata Mobile Inc. is a leading global developer and provider of cellular communications solutions for enterprise customers, including first responders, transportation, logistics, and more. Their mission is to enable effective communication in critical moments through innovative technology.
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This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.

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- Yahoo
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