The world of mobile gaming and artificial intelligence has a significant new player. Core AI Holdings officially launches following the completed merger between Siyata Mobile and Core Gaming. This move marks a major transformation for the companies involved and the wider tech industry. Here’s what you need to know about this strategic merger and its future vision.
Core AI Holdings Launches After Siyata and Core Gaming Merger
On October 3, 2025, Siyata Mobile finalized its merger with Core Gaming. As a result, the combined entity is now known as Core AI Holdings, Inc.. Siyata, recognized for its mission-critical Push-to-Talk over Cellular handsets, joins forces with Core Gaming, a leader in immersive mobile and cloud-based gaming. Core Gaming boasts a robust year, with $79 million in revenues and over 780 million lifetime downloads. With this merger, Core AI Holdings aims to harness the power of artificial intelligence to expand its market presence far beyond gaming.
New Leadership and Board Guide Core AI Holdings’ Strategy
The new company introduced an experienced Board of Directors to guide its strategic vision. The leadership team includes:
- Aitan Zacharin, Chairman and CEO of Core AI Holdings, leads with extensive M&A and tech industry experience.
- Marc Seelenfreund, President of Siyata PTT, brings deep corporate and public market expertise.
- Luisa Ingargiola, CFO of Avalon GloboCare, contributes rich SEC and audit committee knowledge.
- Thomas Tarala, CEO of Connexa Sports, adds 30 years of corporate finance and international law background.
- Mordechai Stenge, Co-founder of TextGrid, oversees financial and operational controls.
This leadership team is focused on scaling AI-driven solutions and integrating Core Gaming’s global platforms, building strong foundations for long-term growth.
Reverse Stock Split and Nasdaq Trading Details Announced
To comply with Nasdaq’s minimum bid requirements, Core AI Holdings will initiate a 1-for-4 reverse stock split effective October 7, 2025. On the same day, the company’s shares will begin trading under its new name and the ticker symbol “CHAI”. The reverse stock split is set to combine the 79.7 million outstanding shares into approximately 19.9 million shares. This financial adjustment aims to bolster investor confidence and streamline the company’s entry into the AI-driven market.
In summary, Core AI Holdings emerges from this merger poised for growth, combining two industry leaders’ expertise in mobile technology and AI gaming. With a strong leadership team, strategic transformation, and Nasdaq backing, the company is prepared to make significant strides in the evolving tech landscape.
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