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  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

MicroCap Reports Issues Update on Siyata Mobile, Inc.'s Merger with Core Gaming

By: Newsfile

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.

DISCLOSURE: MicroCap Studios, Inc. (MCS), owns and operates www.microcapreports.com, and is an investor marketing services provider which disseminates corporate news and information electronically through multiple online media platforms. MCS is NOT an affiliate with any of the companies mentioned in our reports. MCS is an investor marketing service and is not registered with FINRA or any other professional licensing service. MCS is not an analyst, broker dealer or advisor, and holds no such licenses. MCS may NOT offer to buy, sell, or hold any security. MCS and any corporate profiles will NEVER be a solicitation or recommendation of any kind, of any security mentioned. The materials in all our releases are intended to be for informational purposes only and should never be considered research or due diligence on any company mentioned. All readers are encouraged to perform standard due diligence by reading the company's filings at https://www.sec.gov/edgar/browse/?CIK=1649009&owner=exclude. Readers should consult their broker or licensed professional before investing in any company. All materials in this press release are based on publicly available statements made by the companies. MCS is not liable for any investment decisions made by any readers or subscribers. Any investment could result in you losing all your money from investing in any stock. MCS has been paid to write and send relevant information concerning Siyata to interested readers. MCS is paid to put a best-case scenario profile out to the investing public. Read the full disclosure here: https://microcapreports.com/siyata

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 20-F and other filings such as 6-Ks made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this press release are made as of the date hereof and MCS undertakes no obligation to update such statements.

SOURCE: MicroCap Studios. Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244953

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