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St. Petersburg, Florida--(Newsfile Corp. - March 18, 2025) - MicroCap Report issues update on Siyata Mobile, Inc. (NASDAQ: SYTA) (NASDAQ: SYTAW).
Go to https://microcapreports.com/siyata to read the Siyata Mobile report provided by MicroCap Reports.
On February 26, 2025, Siyata Mobile announced it entered into an agreement to acquire Core Gaming through a reverse merger.
The deal, which values Core Gaming at $160 million, will see Siyata issue common shares to Core Gaming's shareholders. Following the transaction, existing Siyata shareholders will retain a minimum 10% ownership stake in the newly combined company.
In a recent article posted by Benzinga, Core Gaming's CEO Zacharin is quoted stating, "If you extrapolate that number, the value of that 10% legacy shares should be worth over $16 million and with approximately 2 million shares currently outstanding, Siyata's market capitalization is hovering around $5 million."
MicroCap Reports continues to monitor and report on companies like Siyata Mobile that demonstrate a strong commitment to innovation and shareholder engagement.
Contact: Editor@microcapreports.com
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