Siyata Mobile Inc Stock Price, News & Analysis

Core Gaming's AI COMIC App, part of its upcoming $160 million merger with Siyata Mobile (NASDAQ: SYTA), has demonstrated significant potential by attracting nearly 300,000 users within days of its May 6 launch. The app transforms photos and videos into anime-style motion videos using proprietary AI technology. The merger, set to close in Q2 2025, will result in Core Gaming shareholders owning ~90% of the combined entity, while Siyata's shareholders retain 10% through a special dividend. Core Gaming brings impressive metrics with 43 million monthly active users and 790 million downloads across 2,100+ games. The company plans to leverage its public status post-merger for acquisitions, strategic partnerships, and global expansion, particularly in Southeast Asia's $20 billion gaming market.

Siyata Mobile (Nasdaq: SYTA) announced that Core Gaming, which it recently agreed to merge with, has successfully launched its AI COMIC App. The app has gained significant traction with nearly 300,000 users and demonstrates strong lifetime value (LTV) and return on investment (ROI) metrics.

AI COMIC leverages advanced AI models to transform photos and videos into various visual styles, from anime to hyper-realistic portraits. The platform features multiple tools including an AI Comic Video Generator, Portrait & Avatar Creator, AI Dance & Face Swap Tools, Scene Recreation & Sticker Maker, and Aging Video Generator.

The app is powered by a proprietary Compute Pool System for efficient AI workload distribution and includes features specifically designed for game development, such as automated scene design, instant character modeling, and AI-powered animation sequences.

Core Gaming, set to merge with Siyata Mobile Inc. (SYTA), has successfully launched AI COMIC, an innovative AI-powered visual generation platform. The app has gained significant traction with nearly 300,000 users and demonstrates strong lifetime value (LTV) and return on investment (ROI) metrics.

AI COMIC transforms photos and video clips into various visual styles, from anime to hyper-realistic portraits, using advanced AI models. The platform features multiple tools including AI Comic Video Generator, Portrait & Avatar Creator, and Scene Recreation capabilities. The technology is supported by a proprietary Compute Pool System for efficient AI workload distribution.

The platform significantly reduces production time for game developers and content creators, offering automated scene design, instant character modeling, and AI-powered animation sequences. The technology stack includes multimodal generative models and real-time cloud orchestration through the BigP Backend System.

Siyata Mobile (NASDAQ: SYTA) has achieved several significant milestones in early 2025. The company became the smallest device manufacturer to secure stocked status with three of the top four major U.S. carriers, following over $20 million in investments from 2020 to 2024. A notable partnership with T-Mobile's T-Priority program positions Siyata's SD7 Ultra 5G MCPTT cellular radio handsets as key components for first responder communications. The company also secured a development agreement with a Fortune 100 U.S. telecom company, potentially worth $1 million in milestone payments throughout 2025. Additionally, Siyata announced a $160 million merger with Core Gaming, expected to close in Q2 2025, which will diversify its portfolio into the $126 billion mobile gaming market. The merger includes a special stock dividend guaranteeing legacy shareholders at least 10% ownership.

Siyata Mobile (NASDAQ: SYTA) has released a transcript of its first shareholder AMA video featuring Core Gaming CEO Aitan Zacharin. The AMA, which aired on April 30, addressed questions about the upcoming merger between Siyata and Core Gaming. Key highlights include:

- Core Gaming's valuation is set at $160 million - Legacy Siyata shareholders will receive a 10% equity stake in the combined company via special dividend within 6 months post-merger - The merger is expected to close by end of Q2 2025 - Core Gaming has launched over 2,000 games with 750 million downloads - The combined company targets $100 million in revenue for 2025 - Core Gaming's business model focuses on AI-based marketing analysis and game monetization through advertising

Core Gaming CEO Aitan Zacharin outlined growth strategies in a shareholder AMA ahead of the company's $160 million merger with Siyata Mobile (NASDAQ: SYTA). The merger, expected to close in Q2 2025, involves a reverse takeover where Core Gaming shareholders will own ~90% of the combined entity. A special dividend mechanism ensures legacy Siyata shareholders retain at least 10% ownership, payable six months post-closing. Core Gaming boasts 43 million monthly active users, over 790 million downloads, and 2,100+ games across 140 countries. ValueScope values Core Gaming at $185.9 million and projects $240.8 million in 2026 revenue. The company aims to reach $100 million in revenue in 2025 and achieve profitability. Additionally, Siyata is developing a push-to-talk device with a Fortune 100 telecom company, scheduled for Q1 2026 launch.

Siyata Mobile has released its first shareholder Ask Me Anything (AMA) video featuring Core Gaming CEO Aitan Zacharin. The video, available on the company's investor relations website, addresses questions submitted by shareholders through Siyata Responder on StockTwits.

The initiative comes as Siyata, a developer of Push-to-Talk over Cellular handsets, approaches its proposed merger with Core Gaming. CEO Marc Seelenfreund emphasized this AMA series as part of their strategy to maintain transparent communication with investors.

The company plans to release more AMA videos in the future. Shareholders can submit questions through Siyata Responder, a platform managed in partnership with KOIOS Tech. This AI-powered solution helps detect online financial threats and optimize investor communications.

Siyata Mobile (NASDAQ: SYTA) has announced a transformative $160M merger with Core Gaming, set to close in Q2 2025. The merger positions Siyata to enter the $126B mobile gaming market.

Core Gaming brings impressive metrics to the table:

• 43M monthly active users
• 790M total downloads
• $80M revenue in 2024
• Company valuation of $185.9M by ValueScope

The deal structure includes a special stock dividend ensuring legacy shareholders maintain at least 10% ownership in the combined entity. Share issuance will be tied to a 10-day VWAP. SYTA's stock has shown significant volatility, trading between $1.20 and $7.00 since the February 26, 2025 announcement.

Siyata's current performance shows promise with a low float under 4M shares and 41.3% revenue growth in 2024, supported by major carrier partnerships.

Siyata Mobile (NASDAQ: SYTA) and Core Gaming have detailed their upcoming $160 million merger, expected to close this quarter pending regulatory approval. Core Gaming, founded in 2024, is a mobile gaming developer reaching over 43 million monthly active users across 140 countries, with 790 million app downloads and 2,100+ games in its portfolio.

Core Gaming's financial performance shows strong growth with 2023 revenue of $57.0 million, up 46.4% from $38.9 million in 2022, and estimated unaudited revenue of $80 million in 2024. The merger structure will result in Core Gaming shareholders owning ~90% of the combined entity, while legacy Siyata shareholders will retain at least 10% through a potential special stock dividend.

The company leverages AI-driven technologies for game production and marketing, including GPT-4 and diffusion-based models. Core Gaming operates in the mobile gaming market, projected to reach $157 billion by 2029 with a 5.6% CAGR.