Siyata Mobile Inc. has announced an update on its merger with Core Gaming, expected to close in the second quarter of 2025. This merger is anticipated to occur within the next six weeks. Core Gaming has established a strong presence in the mobile gaming industry, with over 2,100 games developed or co-developed, 790 million lifetime downloads, and 43 million monthly active users. The merger aims to leverage Core Gaming's complimentary-to-download model, which has proven effective in driving growth, particularly in emerging markets across Southeast Asia. This strategic move is expected to accelerate Core Gaming's expansion and capitalize on the growing global mobile gaming market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.