SD7 handset

Search documents
24/7 Market News: Siyata Mobile and Core Gaming Continues to Advance Strategic Merger Plans Amid Strong 2025 Progress
Newsfileยท 2025-07-28 12:30
Core Viewpoint - Siyata Mobile and Core Gaming are advancing their merger plans, aiming to leverage the growth of the $28 billion AI gaming market while maintaining Siyata's telecommunications business [3][5]. Company Developments - The merger is on track with key milestones achieved and is pending final approval by NASDAQ, with both companies collaborating with regulators and advisors [3]. - Siyata Mobile has expanded its distribution network in North America and Europe, enhancing visibility in sectors such as first responders, transportation, and construction [4]. - Core Gaming has expanded its portfolio and developed original content, achieving 790 million cumulative downloads and attracting 43 million monthly active users [5][11]. Financial Highlights - Core Gaming is valued at $185 million, driven by its AI-based business intelligence platform for tailored ads and optimized user revenue [5]. - Siyata's legacy shareholders will retain at least 10% equity in the combined entity, with a goal to exceed $100 million in revenue in 2025 [6]. Product and Market Positioning - The Siyata SD7 handset received "Verizon Frontline Verified" designation, and Siyata was named a key partner in T-Mobile's first responder program [8]. - Strategic partnerships have been formed with industry leaders to enhance in-vehicle solutions for Siyata's handsets [8].