24/7 Market News Editorial: Core Gaming CEO's Lofty Goals Signals a Game-Changing Win for Siyata Mobile

Rhea-AI Summary

Siyata Mobile (NASDAQ: SYTA) is merging with Core Gaming, positioning itself in the $126 billion global mobile gaming industry. Core Gaming's CEO Aitan Zacharin, who will lead the combined entity, has set ambitious goals including exceeding $100 million in revenue and achieving profitability in 2025. Core Gaming brings impressive metrics to the merger with nearly 800 million cumulative downloads across 2,100+ games and 43 million monthly active users. The company leverages AI-driven monetization strategies and a proprietary business intelligence platform. Post-merger, legacy Siyata shareholders are guaranteed 10% equity. The combined entity will benefit from Core Gaming's established presence in the mobile gaming sector, particularly in Southeast Asia, while maintaining Siyata's existing Push-To-Talk communication device business aligned with major U.S. carriers.

Positive

• Core Gaming brings substantial user base with 43 million monthly active users and 800 million cumulative downloads
• Ambitious revenue target of $100 million and path to profitability set for 2025
• Guaranteed 10% equity protection for legacy Siyata shareholders post-merger
• Access to $126 billion global mobile gaming market with projected growth to $157 billion by 2029
• AI-driven monetization platform and proprietary business intelligence technology
• Diversification from telecom devices into high-growth mobile gaming sector

Negative

• Significant dilution for current Siyata shareholders with only 10% equity retention
• Revenue target of $100 million explicitly stated as 'not a forecast', indicating uncertainty
• Entering highly fragmented and fiercely competitive mobile gaming market
• Substantial integration challenges merging two different business models

Insights

M&A Strategy Analyst

Siyata's reverse merger with Core Gaming transforms it from telecom hardware to a mobile gaming player with ambitious $100M revenue target.

This press release details Siyata Mobile's (NASDAQ: SYTA) reverse merger with Core Gaming, representing a complete strategic pivot from Siyata's legacy push-to-talk communications hardware business into the $126 billion mobile gaming market. Core Gaming brings substantial digital assets: 2,100+ games, 800 million cumulative downloads, and 43 million monthly active users.

The most significant revelation comes from incoming CEO Aitan Zacharin's ambitious target to exceed $100 million in revenue and achieve profitability in 2025. This would mark a dramatic transformation for Siyata, whose most recent quarterly revenue was just $1.97 million. While Zacharin explicitly notes this is "not a forecast," it signals management's confidence in Core Gaming's monetization capabilities through AI-driven advertising and premium content.

The deal structure guarantees legacy Siyata shareholders 10% equity post-merger, with Core Gaming receiving 90%. This ownership split reflects the relative valuations of the businesses, with Core Gaming clearly being the dominant entity. For Siyata shareholders, this represents a significant dilution but potential participation in a much larger, more scalable business.

The merger rationale hinges on Core Gaming gaining public market access while Siyata shareholders gain exposure to high-growth mobile gaming versus their stagnant hardware business. The success of this transformation depends on Core Gaming's ability to execute its AI-driven monetization strategy in an increasingly competitive mobile gaming landscape, particularly in Southeast Asian markets where smartphone adoption is accelerating.

Denver, Colorado--(Newsfile Corp. - May 27, 2025) - 247marketnews.com, 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 https://ir.siyata.net, 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."

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.

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.

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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. Siyata's mission is to enable effective communication in critical moments through innovative technology.

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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 https://www.newsfilecorp.com/release/253494

FAQ

What is the merger deal between Siyata Mobile (SYTA) and Core Gaming?

Siyata Mobile is merging with Core Gaming through a reverse merger, with Core Gaming's CEO Aitan Zacharin leading the combined entity. Legacy Siyata shareholders will retain 10% equity post-merger.

What are Core Gaming's key metrics and user base?

Core Gaming has nearly 800 million cumulative downloads across 2,100+ games, maintains 43 million monthly active users, and utilizes AI-driven monetization strategies.

What are the revenue goals for the combined Siyata-Core Gaming company in 2025?

The company aims to exceed $100 million in revenue and achieve profitability in 2025, though this is stated as a goal and not a forecast.

How will the merger benefit Siyata Mobile (SYTA)?

The merger gives Siyata exposure to the $126 billion global mobile gaming market while maintaining its telecom device business, diversifying its revenue streams and providing access to Core Gaming's AI-driven platform.

What is the market opportunity for the combined Siyata-Core Gaming company?

The global mobile gaming market is projected to reach $157 billion by 2029, with particular growth opportunities in Southeast Asia due to high smartphone adoption and low console penetration.