Siyata Mobile Inc Stock Price, News & Analysis

Siyata Mobile (NASDAQ: SYTA) has entered into a reverse merger agreement with Core Gaming, valued at $160 million. The deal, announced on February 26, 2025, will involve Siyata issuing common shares to Core Gaming shareholders, with existing Siyata shareholders maintaining a minimum 10% ownership in the combined entity.

According to Core Gaming's CEO Zacharin, with approximately 2 million Siyata shares currently outstanding and a market capitalization around $5 million, the 10% legacy shareholding should be worth over $16 million post-merger based on Core Gaming's valuation.

Siyata Mobile (NASDAQ: SYTA) has announced a transformative $160 million merger with Core Gaming, an AI-driven leader in mobile gaming. The merger represents a significant opportunity for Siyata, whose current market capitalization stands at approximately $2 million.

Core Gaming brings 40 million monthly active users (MAUs) to the merger and operates in the $126 billion mobile gaming market. The combination aims to create an AI-driven mobile gaming titan listed on the Nasdaq, potentially offering substantial value creation for Siyata shareholders through Core Gaming's AI-driven technology and extensive user base.

Siyata Mobile (NASDAQ: SYTA) has announced a transformative $160 million merger with Core Gaming, an AI-driven leader in mobile gaming. The merger represents a significant opportunity for Siyata, whose current market capitalization stands at approximately $2 million.

Core Gaming brings substantial assets to the merger, including 40 million active users and a presence in the $126 billion mobile gaming market. This strategic combination positions Siyata shareholders to potentially benefit from Core Gaming's AI-driven technology and established market presence.

Siyata Mobile (NASDAQ: SYTA) has announced a strategic merger with Core Gaming, an AI company that reported approximately $80 million in revenue for 2024. The merger deal values Core Gaming at $160 million, according to a fairness opinion issued by ValueScope, , a marshall + stevens company.

The announcement comes following T-Mobile's T-Priority initiative, powered by SpaceX's Starlink constellation, which named Siyata Mobile as a key partner for T-Mobile's strategic initiatives. This partnership represents a significant opportunity for Siyata to expand its market presence and revenue potential.

Siyata Mobile (Nasdaq: SYTA) has provided additional details regarding its merger agreement with Core Gaming, announced on February 26, 2025. The merger, valued at $160 million based on a fairness opinion from ValueScope , includes a special provision for existing Siyata shareholders.

Legacy shareholders will receive a one-time stock dividend within six months of the merger closing, ensuring they maintain at least 10% ownership of the combined entity post-merger. The transaction is expected to complete in Q2 2025, subject to regulatory approvals and customary closing conditions.

Siyata Mobile Inc. (SYTA) has signed a definitive merger agreement with Core Gaming, a private gaming developer with $80 million in 2024 revenues. Core Gaming will become a wholly-owned subsidiary of Siyata through a merger valued at $160 million.

Key transaction details include: Core Gaming shareholders will receive Siyata common shares based on a $160M valuation divided by 10-day VWAP. Legacy Siyata shareholders will receive a stock dividend ensuring 10% ownership of the combined entity. Current Core Gaming CEO Aitan Zacharin will lead the combined company, while Siyata's CEO Marc Seelenfreund will transition to President of a new Push-To-Talk subsidiary.

Core Gaming brings significant assets: 40 million monthly active users, over 2,000 casual mobile games in 140+ countries, and 600 million downloads. Their AI-driven technology has boosted content production by 50% while reducing production time by 40%. The merger is expected to complete in Q2 2025, subject to regulatory approval.

Siyata Mobile Inc. (Nasdaq: SYTA) announced that its SD7 Ultra device will be offered as part of T-Mobile's 5G ecosystem for first responders. The SD7 Ultra was cited in a T-Mobile press release highlighting four major initiatives to enhance support for first responders.

The SD7 ULTRA is notable as the first land mobile radio (LMR) replacement in the U.S. with mission-critical push-to-talk capabilities on 5G networks. These cellular radio handsets will provide public safety officials with reliable nationwide radio communications through T-Mobile's direct connect platform.

This technology aims to improve emergency response times and ensure effective communications during critical situations, potentially helping to save lives.

Siyata Mobile (Nasdaq: SYTA) has announced a new distribution agreement with IP Access International to offer its SD7 rugged Push-to-Talk over Cellular (PoC) devices and accessories to IP Access's customer base. The partnership targets organizations operating in challenging environments, including fire departments, mining operations, oil and energy companies, and utilities.

The SD7 devices will integrate with IP Access International's SuperGIG™ solution, which combines major cellular carriers, OneWeb and Starlink LEO constellations, and GEO satellite backup into a single network. This integration aims to provide uninterrupted push-to-talk capabilities in areas where traditional networks are unreliable, creating a comprehensive 'connectivity bubble' through combined satellite, cellular, and Wi-Fi technologies.

Siyata Mobile (NASDAQ: SYTA) has been recognized by T-Mobile as a key partner in their T-Priority 5G First Responder initiative. This recognition came through T-Mobile's press release following their landmark connectivity deal with New York City, where Siyata was named as part of 'The Most Advanced 5G Ecosystem for First Responders.'

The announcement aligns with a recent editorial published on February 11, 2025, discussing how direct-to-cell satellite connectivity services present an opportunity for Siyata. Additionally, the company has indicated it will soon announce a 'Pivotal Corporate Milestone,' which is suggested to be more significant than the T-Mobile partnership announcement.