24/7 Market News Snapshot 16 July, 2025 – Siyata Mobile, Inc. (NASDAQ:SYTA)

July 16, 2025

DENVER, Colo., 16 July, 2025 (www.247marketnews.com) – (NASDAQ:SYTA) are discussed in this article.
Siyata Mobile, Inc. (SYTA) has recently demonstrated remarkable market activity, opening at $3.89 and experiencing a notable increase to $4.804, representing a 19.21% rise. This momentum follows a closing price of $4.030 the previous day, indicating strong investor interest with a current trading volume of 3.19 million shares. Key resistance levels are observed around $5.00, while support is established near $4.00. A potential breakout above the $5.00 threshold could further enhance bullish sentiment, prompting traders to closely monitor volume trends and technical indicators for insights into future price movements.

In conjunction with its market activity, Siyata Mobile has also filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC), signifying progress towards a significant merger with AI gaming innovator Core Gaming, valued at $185 million, pending Nasdaq’s approval. Founded in 2020, Core Gaming has rapidly established itself within the mobile and AI gaming sectors, featuring over 2,100 applications and more than 790 million cumulative downloads, complemented by 43 million monthly active users. Their products, including the AI COMIC App, have contributed to strong subscription growth and user engagement rates exceeding industry benchmarks.

This merger represents a strategic pivot for Siyata Mobile, transitioning from a focus on communication devices to leveraging the intersections of AI, gaming, and digital media. Core Gaming’s CEO Aitan Zacharin is set to lead the merged entity, providing legacy Siyata shareholders with a guaranteed 10% equity stake post-merger, reinforcing a commitment to shared success.

With expectations of surpassing $100 million in revenue by 2025, this merger positions Siyata Mobile for significant growth and aims to enhance shareholder value through increased market presence and innovative advancements in digital entertainment. Analysts are anticipating further regulatory postings to finalize this transformative transaction, which promises to redefine Siyata’s operational landscape.

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