Siyata Mobile and Core Gaming: A Merger of Growth and Opportunity

Siyata Mobile and Core Gaming are merging, with Core Gaming's CEO, Aitan Zacharin, hosting an AMA session to answer shareholder questions about the merger.

The merger is a reverse takeover, giving Core Gaming access to capital markets, enhancing its ability to fund growth, and expanding its gaming business.

Legacy Siyata shareholders will own ~90% of the combined entity, with Siyata issuing shares based on a 10-day volume-weighted average price (VWAP) pre-closing.

A unique special stock dividend mechanism guarantees legacy Siyata shareholders at least 10% ownership, payable six months post-closing.

Core Gaming's growth strategies focus on honoring legacy Siyata shareholders with a guaranteed 10% equity post-merger and delivering value across the entire shareholder base.

The combined entity aims to deliver value across the entire shareholder base, with a long-term strategy focused on reaching over $100 million in revenue by 2025 and achieving profitability.

Core Gaming has 43 million monthly active users (MAUs), over 790 million downloads, and a portfolio of 2,100+ games across 140 countries.

The mobile gaming market is projected to be worth $126 billion, with Siyata and Core Gaming poised to capitalize on this growth.

The merger is valued at $160 million, with Siyata issuing shares based on a 10-day volume-weighted average price (VWAP) pre-closing.

The combined entity will have a unique blend of gaming expertise and cellular communications solutions, offering a wide range of opportunities for growth and expansion.