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Siyata Mobile and Core Gaming merged on Oct. 3, 2025, forming Core AI Holdings, which will trade on Nasdaq as CHAI starting Oct. 7.
Siyata Mobile Inc. merged with Core Gaming, Inc. on October 3, 2025, forming Core AI Holdings, Inc., which will trade on Nasdaq under the ticker CHAI starting October 7.
The new company, valued at $160 million, will focus on expanding artificial intelligence applications beyond gaming.
Core Gaming, with $79 million in fiscal 2024 revenue and 780 million downloads, became a wholly owned subsidiary.
Aitan Zacharin, former Core Gaming CEO, is now CEO of the new entity, while Marc Seelenfreund, former Siyata CEO, leads a subsidiary.
Shareholders of Core Gaming received 67.3 million Siyata shares pre-split, with a 1-for-4 reverse split effective October 7.
The merger positions the company to leverage AI growth in a market projected to expand at 38.7% annually through 2030.
Siyata Mobile y Core Gaming se fusionaron el 3 de octubre de 2025 formando Core AI Holdings, que cotizará en Nasdaq como CHAI a partir del 7 de octubre.