Siyata Mobile Announces Closing of Merger with Core Gaming

Siyata Mobile Inc. (Nasdaq: CHAI) ("Siyata" or the "Company"), a global developer and vendor of mission-critical Push-to-Talk over Cellular (PoC) handsets and accessories, today announced the successful completion of its previously announced merger with Core Gaming, Inc. ("Core Gaming"). The merger officially closed on October 3, 2025, marking a significant milestone in the Company's strategic transformation.

Core Gaming is a leading developer and publisher of immersive mobile and cloud-based gaming solutions with fiscal year 2024 revenues of $79 million. Core Gaming's success is driven by its diverse portfolio of proprietary titles, a growing global user base with over 780 million lifetime downloads, and strategic partnerships worldwide.

"Core AI Holdings, Inc. will be officially launching on Tuesday as a Nasdaq-listed company following the completion of our merger," said Aitan Zacharin, CEO of Core AI Holdings, Inc. "As part of the fast-growing mobile gaming industry, we are advancing our next-generation gaming technology and believe that we are well-positioned for growth. Our strategy going forward centers around harnessing the power of artificial intelligence to build scalable offerings that expand our reach beyond gaming and into other verticals to create meaningful value for our shareholders."

"At Core Gaming, we have built a strong reputation as an innovative leader in mobile gaming, a $126 billion industry today[1]. This next phase is aimed at accelerating the integration of artificial intelligence across our platforms. With the global AI apps market valued at $2.94 billion in 2024 and expected to grow at a 38.7% CAGR through 2030[2], we believe that we are in a prime position to capture significant market share by delivering AI-powered experiences that create deeper engagement and drive broader adoption. We have seen significant growth in our sector achieved by leaders such as AppLovin, and we believe Core AI Holdings has the foundation, leadership and technology to pursue similar growth as we execute our business strategy."