24/7 Market News: Siyata Mobile's $160M Core Gaming Merger: Ready to Rocket in the $126B Gaming Arena
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With the deal nearing its anticipated Q2 2025 close, SYTA's stock has danced between $1.20 and a high of $7.00, signaling explosive potential as investors eye the merger's unique structure. Core Gaming, valued at $185.9M by ValueScope, brings a powerhouse portfolio of 43M monthly active users, 790M downloads, and $80M in 2024 revenue, positioning Siyata to dominate the $126B mobile gaming market.
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Siyata Mobile (NASDAQ: SYTA)
A special stock dividend ensures legacy shareholders retain at least 10% of the combined entity, with share issuance tied to a 10-day VWAP-potentially amplifying returns if SYTA's price surges. With a low float of under 4M shares and partnerships with major carriers driving 41.3% revenue growth in 2024, Siyata is a ticking time bomb of opportunity.
Dive into the details at 247marketnews.com and seize the moment before this merger clocks out.
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About Siyata Mobile
Siyata Mobile Inc. is a leading global developer and provider of cellular communications solutions for enterprise customers, including first responders, transportation, logistics, and more. Their mission is to enable effective communication in critical moments through innovative technology.
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Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249953
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