Siyata Mobile Completes Merger with Core Gaming, Forms Core AI Holdings

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2025.10.06 21:27
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Siyata Mobile has completed its merger with Core Gaming, forming Core AI Holdings, which will trade on Nasdaq under the symbol CHAI starting October 7, 2025. The merger includes a name change, new board, and a reverse stock split. Core AI Holdings aims to leverage AI technology in mobile gaming and beyond. Analyst ratings for SYTA stock indicate a Sell with a $3.00 price target, reflecting concerns over financial performance, high leverage, and negative cash flows. The company has developed over 2,100 games and has a global user base of over 40 million.