Siyata Mobile and Core Gaming Complete Merger, Launch as Core AI Holdings

Siyata Mobile and Core Gaming Complete Merger

On October 3, 2025, Siyata Mobile Inc. announced the complete finalization of its merger with Core Gaming, marking a pivotal moment in the realm of mobile gaming technology. The newly combined entity will now operate under the name Core AI Holdings, Inc., reflecting its strategic shift towards harnessing artificial intelligence (AI) in enhancing mobile gaming experiences. This merger not only merges technological resources but also promises to innovate and elevate the sharing and enjoyment of mobile games globally.

Strategic Transformation into an AI Powerhouse

As Aitan Zacharin, the newly appointed CEO of Core AI Holdings, pointed out, the merger positions the company competitively within the fast-evolving mobile gaming industry, which boasts a staggering market value of $126 billion. The company aims to leverage its strong foundation in gaming, buoyed by Core Gaming's impressive achievements—$79 million in fiscal year 2024 revenues and over 780 million lifetime downloads across its titles.

This transformation will not merely enhance current gaming offerings; it will also encompass broader applications of AI technologies beyond gaming. With the global AI applications market projected to reach $2.94 billion in 2024, Core AI Holdings plans to steer its resources toward creating scalable solutions that will attract diverse customer segments.

Governance and Structure

Core Gaming will continue its operations as a wholly-owned subsidiary under Core AI Holdings, with Aitan Zacharin donning the CEO hat. His leadership brings a wealth of experience from overseeing multiple companies with combined valuations exceeding $1.5 billion. Marc Seelenfreund, previously the CEO of Siyata, will take on the role of President at Siyata PTT Inc., another subsidiary of the new company. This management structure is poised to effectively amalgamate the strengths of both parent companies for future growth and innovation.

Alongside the leadership change, a new Board of Directors has also been established. The board features individuals with diverse backgrounds in corporate governance, finance, and public company operations, indicating a strong commitment to shareholder value and strategic growth.

Market Impact and Future Trading

Trading for Core AI Holdings on the Nasdaq is slated to commence on October 7, 2025. This transition includes a 1-for-4 reverse stock split, aiming to satisfy regulatory compliance factors related to share price requirements. As the company moves forward, it intends to solidify its presence within the mobile gaming sector through the application of AI technologies, setting it on a path for substantial market contribution.

Conclusion

The merger encapsulates a forward-looking vision where innovation drives growth not just in gaming, but across various sectors. Core AI Holdings aims to deliver exceptional gaming experiences while exploring the full potential of AI. As the gaming landscape continues to evolve, Core AI Holdings is prepared to be at the forefront of this transformation, combining a rich legacy in mobile gaming with cutting-edge technology solutions for users worldwide.

For more information on this transformation and the offerings ahead, visit Core Gaming.