Core Viewpoint - Siyata Mobile Inc. is set to merge with Core Gaming, with the transaction expected to complete in Q2 2025, pending regulatory approval and customary closing conditions [3] Company Overview - Siyata Mobile Inc. is a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, primarily serving first responders and enterprise workers [5][6] - Core Gaming is an international AI-driven mobile games developer and publisher, having developed over 2,000 games and achieving over 600 million downloads globally [3] Merger Details - The merger consideration for acquiring Core Gaming is valued at $160 million, confirmed as fair by ValueScope, LLC [7] - Legacy Siyata shareholders will receive a special one-time stock dividend, ensuring they own at least 10% of the combined entity's outstanding shares post-merger [7]
Siyata Mobile Provides Additional Commentary Regarding the Terms of Its Proposed Merger with Core Gaming