Latest news with #SiyataMobile
Associated Press
7 days ago
- Business
- Associated Press
24/7 Market News: Siyata Mobile's $160M Core Gaming Merger Closing Date Nears Without Advance Notice
With Expected Second Quarter 2025 closing, Core Gaming Timing Now at a Crossroads Denver, Colorado--(Newsfile Corp. - June 2, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and information, provides a critical update on Siyata Mobile's (NASDAQ: SYTA) $160 million merger with Core Gaming, though a precise closing date remains under wraps. Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. Siyata Mobile's transformative merger with Core Gaming, announced on February 26, 2025, is set to close this month and redefine its position in the $126 billion mobile gaming market. The transaction, structured as a reverse merger, could see Core Gaming shareholders owning up to 90% of the combined entity, with legacy Siyata shareholders retaining at least 10% via a potential special stock dividend. As the merger approaches its anticipated second quarter 2025 closing, the closing date remains a pivotal milestone. [ This image cannot be displayed. Please visit the source: ] Core Gaming To view an enhanced version of this graphic, please visit: Merger Closing Date and No Warning Period The merger agreement, detailed in Siyata's SEC Form 6-K filed on February 26, 2025, stipulates that the closing will occur remotely three business days after all conditions outlined in Article VI are satisfied or waived, unless otherwise mutually agreed by the parties. The Form 6-K states, 'The Closing will take place remotely by the exchange of counterpart signature pages… on the date that is three Business Days after the first date on which all conditions set forth in Article VI shall have been satisfied or waived' (Section 3.3). Furthermore, 'the Merger shall become effective on the date and at the time agreed by Purchaser and the Company and specified in the Certificate of Merger' (Section 2.1(b)). Notably, there is no requirement for a public announcement of the closing date in advance, which may catch interested parties off guard if anticipating a pre-closing share price surge. The Form 6-K notes, 'On the Closing Date, the Parties shall cause a certificate of merger… to be executed and filed with the Secretary of State of Delaware' (Merger, subsection c), indicating that the effective time will only be confirmed upon filing. [ This image cannot be displayed. Please visit the source: ] Siyata Mobile (NASDA: SYTA) To view an enhanced version of this graphic, please visit: To ensure legacy Siyata shareholders retain at least 10% of the combined entity on a fully diluted basis and, if necessary, Siyata may declare a stock dividend on legacy shares outstanding one business day prior to the effective time, payable within six months post-closing, safeguarding their equity stake. Implications for Interested Parties Core Gaming's CEO, Aitan Zacharin, who will lead the combined entity, emphasized in a recent AMA that the merger enhances access to capital markets and supports strategic acquisitions, aligning with a goal to realize $100 million in revenue and achieve profitability in 2025. Siyata's legacy Push-to-Talk business will continue under a new subsidiary led by Marc Seelenfreund, ensuring operational continuity. Shareholders should watch closely for: Siyata Mobile's merger with Core Gaming is a pivotal step toward the combined companies moving forward with their mobile gaming market business model. Interested parties are encouraged to monitor Siyata's Investor Relations Portal ( ) for updates and review detailed merger math and technical analysis available at Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. About Core Gaming Core Gaming is a leading developer and publisher of mobile games, known for its innovative approach to game design and user engagement. As a subsidiary of Siyata Mobile, Core Gaming is committed to delivering high-quality gaming experiences to players worldwide. For more information on Core Gaming's latest developments and offerings, visit Stay Tuned: To ensure users don't miss future announcements, 24/7 Market News encourages users to sign up for additional information. For Investor Relation inquiries or to sign up for updates, please click here. Contact [email protected] for Analyst Report coverage and other investor/public relations services. For additional Siyata disclosure 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. About 24/7 Market News 24/7 Market News is a leading market news platform for public companies. As a pioneer in digital media, 24/7 Market News is dedicated to the swift distribution of financial market news and information. 24/7 Market News takes great pride in creating innovative public relations campaigns that help clients reach the target audience. 24/7 MARKET NEWS, INC Disclaimer Please go to 24/7 Market News disclosure or for disclaimer information. 24/7MN Will receive $2500 from a third party for covering Siyata this week and providing other services. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements 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. To view the source version of this press release, please visit
Yahoo
7 days ago
- Business
- Yahoo
24/7 Market News: Siyata Mobile's $160M Core Gaming Merger Closing Date Nears Without Advance Notice
With Expected Second Quarter 2025 closing, Core Gaming Timing Now at a Crossroads Denver, Colorado--(Newsfile Corp. - June 2, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and information, provides a critical update on Siyata Mobile's (NASDAQ: SYTA) $160 million merger with Core Gaming, though a precise closing date remains under wraps. Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. Siyata Mobile's transformative merger with Core Gaming, announced on February 26, 2025, is set to close this month and redefine its position in the $126 billion mobile gaming market. The transaction, structured as a reverse merger, could see Core Gaming shareholders owning up to 90% of the combined entity, with legacy Siyata shareholders retaining at least 10% via a potential special stock dividend. As the merger approaches its anticipated second quarter 2025 closing, the closing date remains a pivotal milestone. Core Gaming To view an enhanced version of this graphic, please visit: Merger Closing Date and No Warning Period The merger agreement, detailed in Siyata's SEC Form 6-K filed on February 26, 2025, stipulates that the closing will occur remotely three business days after all conditions outlined in Article VI are satisfied or waived, unless otherwise mutually agreed by the parties. The Form 6-K states, "The Closing will take place remotely by the exchange of counterpart signature pages… on the date that is three Business Days after the first date on which all conditions set forth in Article VI shall have been satisfied or waived" (Section 3.3). Furthermore, "the Merger shall become effective on the date and at the time agreed by Purchaser and the Company and specified in the Certificate of Merger" (Section 2.1(b)). Notably, there is no requirement for a public announcement of the closing date in advance, which may catch interested parties off guard if anticipating a pre-closing share price surge. The Form 6-K notes, "On the Closing Date, the Parties shall cause a certificate of merger… to be executed and filed with the Secretary of State of Delaware" (Merger, subsection c), indicating that the effective time will only be confirmed upon filing. Siyata Mobile (NASDA: SYTA)To view an enhanced version of this graphic, please visit: To ensure legacy Siyata shareholders retain at least 10% of the combined entity on a fully diluted basis and, if necessary, Siyata may declare a stock dividend on legacy shares outstanding one business day prior to the effective time, payable within six months post-closing, safeguarding their equity stake. Implications for Interested Parties Core Gaming's CEO, Aitan Zacharin, who will lead the combined entity, emphasized in a recent AMA that the merger enhances access to capital markets and supports strategic acquisitions, aligning with a goal to realize $100 million in revenue and achieve profitability in 2025. Siyata's legacy Push-to-Talk business will continue under a new subsidiary led by Marc Seelenfreund, ensuring operational continuity. Shareholders should watch closely for: Finalized effective date Post-merger financials and operational plan Name change and ticker update Execution of the stock dividend clause Siyata Mobile's merger with Core Gaming is a pivotal step toward the combined companies moving forward with their mobile gaming market business model. Interested parties are encouraged to monitor Siyata's Investor Relations Portal ( for updates and review detailed merger math and technical analysis available at Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. About Core Gaming Core Gaming is a leading developer and publisher of mobile games, known for its innovative approach to game design and user engagement. As a subsidiary of Siyata Mobile, Core Gaming is committed to delivering high-quality gaming experiences to players worldwide. For more information on Core Gaming's latest developments and offerings, visit Stay Tuned: To ensure users don't miss future announcements, 24/7 Market News encourages users to sign up for additional information. Siyata's Investor Relations Portal: Follow Siyata on X: Click here for Siyata's investor presentation. For Investor Relation inquiries or to sign up for updates, please click here. Contact sales@ for Analyst Report coverage and other investor/public relations services. For additional Siyata disclosure 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. About 24/7 Market News 24/7 Market News is a leading market news platform for public companies. As a pioneer in digital media, 24/7 Market News is dedicated to the swift distribution of financial market news and information. 24/7 Market News takes great pride in creating innovative public relations campaigns that help clients reach the target audience. 24/7 MARKET NEWS, INC DisclaimerPlease go to 24/7 Market News disclosure or for disclaimer information. 24/7MN Will receive $2500 from a third party for covering Siyata this week and providing other services. CONTACT:24/7 Market NewsEditor@ Cautionary Note Regarding Forward-Looking Statements 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. To view the source version of this press release, please visit
Associated Press
29-05-2025
- Business
- Associated Press
24/7 Market News Editorial: Core Gaming's 43M MAUs and Counting
Rapid Growth Rate Includes MAUs, Downloads, and Game Offerings Denver, Colorado--(Newsfile Corp. - May 29, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and information, reviews Siyata Mobile's (NASDAQ: SYTA) merger target, Core Gaming, and its key mobile gaming industry metrics. When originally introduced as Siyata's merger target, Core Gaming was reporting over 40 million Monthly Active Users (MAUs), over 700 million downloads, across 2,000 games. By April 3, Aitan Zacharin's investor presentation confirmed strong growth across the board, by stating that Core Gaming had grown to 43 million MAUs, and over 790 million downloads across over 2,100 games. This achievement positions Core Gaming as a formidable player in the rapidly growing mobile gaming market. Core Gaming's growth is powered by its AI-based BI platform, which allows it to serve tailored ads and optimize revenue per user in real time and aims to turn player engagement into reliable financial performance. The Value of Monthly Active Users (MAUs) Adjust's Navigatingthe Mobile Gaming Landscape (2024) report highlights that in 2023, the global average ARPMAU across all mobile gaming subcategories was $0.77. Notably, Role-Playing Games (RPGs) generated the highest ARPMAU at $5.12, while adventure games earned $3.69 per MAU. The U.S. had the highest ARPMAU at $1.25, which is 62% above the global average. Please click here for a Deeper Dive on MAU Valuation Models, or insights from the ValueScope Report. Core Gaming's Recent Success Core Gaming continues to launch new games and its recent AIComic rollout garnered 300,000 subscribers within just a few days of its release. This rapid growth underscores the Company's ability to captivate and engage a vast audience. With a robust pipeline of games and a growing user base, Core Gaming is poised to capitalize on the burgeoning mobile gaming market. About Core Gaming Core Gaming is a leading developer and publisher of mobile games, known for its innovative approach to game design and user engagement. As a subsidiary of Siyata Mobile, Core Gaming is committed to delivering high-quality gaming experiences to players worldwide. [ This image cannot be displayed. Please visit the source: ] Core Gaming For more information on Core Gaming's latest developments and offerings, visit Stay Tuned: To ensure users don't miss future announcements, 24/7 Market News encourages users to sign up for additional information. For Investor Relation inquiries or to sign up for updates, please click here. Contact [email protected] for Analyst Report coverage and other investor/public relations services. For additional Siyata disclosure 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. Siyata Mobile's mission is to enable effective communication in critical moments through innovative technology. About 24/7 Market News 24/7 Market News is a leading market news platform for public companies. As a pioneer in digital media, 24/7 Market News is dedicated to the swift distribution of financial market news and information. 24/7 Market News takes great pride in creating innovative public relations campaigns that help clients reach the target audience. 24/7 MARKET NEWS, INC Disclaimer Please go to 24/7 Market News disclosure or for disclaimer information. 24/7MN will receive $2500 from a third party for covering Siyata this week and providing other services. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements 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. To view the source version of this press release, please visit
Associated Press
27-05-2025
- Business
- Associated Press
24/7 Market News Editorial: Core Gaming CEO's Lofty Goals Signals a Game-Changing Win for Siyata Mobile
Denver, Colorado--(Newsfile Corp. - May 27, 2025) - , a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that Siyata Mobile's (NASDAQ: SYTA) merger with Core Gaming positions the combined entity at the epicenter of the rapidly growing $126 billion global mobile gaming industry. Highlighted in Siyata's May 15 6-K filing, and underscored by the recent statements from Core Gaming's CEO, Aitan Zacharin, who will lead the combined companies, during a company-hosted AMA, still available for viewing at , Zacharin shared a bold vision to exceed $100 million in revenue and a strategy to achieve profitability, this year. Please click here for Recent Technical Analysis, click here for Updated Merger Math Details, or insights from the ValueScope Report . 'Going public via reverse merger gives Core Gaming access to capital markets, enhances our ability to fund growth, and expands our gaming business,' said Zacharin during the AMA. 'It also allows us to explore strategic acquisitions. We are committed to honoring legacy Siyata shareholders with a guaranteed 10% equity post-merger. Our long-term strategy is focused on delivering value across the entire shareholder base. Our goal—though not a forecast—is to exceed $100 million in revenue in 2025 and to have the consolidated company profitable.' [ This image cannot be displayed. Please visit the source: ] Core Gaming Core Gaming currently boasts nearly 800 million cumulative downloads across its portfolio of over 2,100 games, and maintains over 43 million monthly active users, an enviable scale for any digital platform. With AI-driven monetization strategies and a proprietary business intelligence platform that tracks, predicts, and optimizes player behavior in real time, Core Gaming brings not just products but a proven, scalable, tech-driven model to the table. Tapping into the Rapidly Growing Mobile Gaming Market Mobile gaming has rapidly evolved into the largest and fastest-growing segment of the gaming industry. According to Statista, the global market is projected to reach $157 billion by 2029, with an expected 2.4 billion users worldwide. This trend is driven largely by affordability, device accessibility, and the rise of complimentary-to-play models that monetize through in-game ads and premium content—an area where Core Gaming excels. Southeast Asia is emerging as a hotbed for mobile gaming growth due to low console penetration and high smartphone adoption. Core Gaming's established presence and data-driven approach enable it to scale rapidly across these regions, making the company uniquely positioned to capture a disproportionate share of future industry growth. 'We are head-down focused on business execution,' Zacharin continued. 'We're growing our top and bottom lines by expanding our existing business and evaluating expansion opportunities. Creating awareness around our story and continued execution is the time-tested strategy for generating shareholder value.' A Competitive Edge in a Crowded Market The mobile gaming sector is fragmented and fiercely competitive. Yet Core Gaming has repeatedly separated itself from the pack by leveraging deep industry relationships, technical expertise, and a scalable monetization infrastructure. Core Gaming's AI-based BI platform allows it to serve tailored ads and optimize revenue per user in real time-turning player engagement into reliable financial performance. This technological edge, combined with its experience launching and monetizing high-volume mobile titles, gives Core Gaming durability and a mature, high-performing asset to Siyata's ecosystem. [ This image cannot be displayed. Please visit the source: ] Siyata Mobile (NASDAQ: SYTA) For Siyata, as a legacy company—already aligned with all major U.S. carriers via its Push-To-Talk (PTT) communication devices—now gains access to a dynamic, global consumer platform in gaming. The Bottom Line: A New Chapter for SYTA This merger is more than a business combination—it's a catalyst for transformation. Siyata Mobile is no longer just a telecom device company. With Core Gaming, it becomes a diversified tech player with exposure to two potentially high-growth markets: critical communications and mobile gaming. Shareholders now hold a stake in a company that's: Tapping into a global, $126 billion (and growing) mobile gaming industry. Leveraging AI-driven monetization tools in a highly fragmented market. Committed to profitability and preserving shareholder equity. Positioned for cross-sector expansion—from enterprise communications to global consumer gaming. Please click here for Recent Technical Analysis, click here for Updated Merger Math Details, or insights from the ValueScope Report . Stay Tuned: To ensure users don't miss future announcements, 24/7 Market News encourages users to sign up for additional information For Investor Relation inquiries or to sign up for updates, please click here . Contact [email protected] for Analyst Report coverage and other investor/public relations services. For additional Siyata disclosure . 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. Siyata's mission is to enable effective communication in critical moments through innovative technology. About 24/7 Market News 24/7 MarketNews is a leading market news platform for public companies. As a pioneer in digital media, 24/7 Market News are dedicated to the swift distribution of financial market news and information. 24/7 Market News takes great pride in creating innovative public relations campaigns that help clients reach the target audience. 24/7 MARKET NEWS, INC Disclaimer Please go to 24/7 Market News disclosure or for disclaimer information. 24/7MN will receive $2500 from a third party for covering Siyata this week and providing other services. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements 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. To view the source version of this press release, please visit
Business Insider
25-05-2025
- Business
- Business Insider
Maxim Group Sticks to Their Hold Rating for Siyata Mobile (SYTA)
Maxim Group analyst Jack Vander Aarde maintained a Hold rating on Siyata Mobile (SYTA – Research Report) yesterday. The company's shares closed yesterday at $5.40. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Vander Aarde is a 3-star analyst with an average return of 1.6% and a 30.11% success rate. Vander Aarde covers the Technology sector, focusing on stocks such as Boxlight, Turtle Beach, and Siyata Mobile. The word on The Street in general, suggests a Hold analyst consensus rating for Siyata Mobile. SYTA market cap is currently $16.29M and has a P/E ratio of -0.04.
