Exciting New Chapter for Core AI Holdings Following Merger

Core AI Holdings Completes Strategic Merger

Core AI Holdings, Inc., formerly known as Siyata Mobile Inc. (NASDAQ: CHAI), has announced the successful completion of its strategic merger with Core Gaming. This significant event represents a new beginning as the company repositions itself as a key player in the mobile gaming and artificial intelligence sectors.

Transforming into an AI-Centric Gaming Leader

The merger marks a pivotal moment for the newly established Core AI Holdings. As part of the transformative strategy, the company aims to leverage artificial intelligence to enhance mobile gaming experiences and expand into new markets. The name change reflects this strategic evolution, with Core AI Holdings now recognized as a dedicated player in the mobile gaming arena.

Core Gaming's Remarkable Background

Core Gaming has a well-established reputation as a leading developer of mobile and cloud-based gaming solutions. With impressive revenues reaching $79 million in its fiscal year, the company boasts over 780 million lifetime downloads across a diverse portfolio of proprietary titles. This success is underpinned by a commitment to innovation and a strong global user base.

Advancements in Gaming Technology

According to Aitan Zacharin, the CEO of Core AI Holdings, the company is set to harness cutting-edge advances in AI technology to create scalable gaming experiences. By focusing on artificial intelligence, Core AI Holdings aims to not just enhance the gaming landscape but also branch into new verticals, creating value for its shareholders.

Promising Future Ahead

The growth potential in AI applications is substantial, with predictions indicating a market worth $2.94 billion by 2024. Core AI Holdings is determined to be at the forefront of this industry shift, looking to deliver AI-powered gaming experiences that drive deeper player engagement and wider adoption.

Leadership and Governance

With the merger's completion, a new Board of Directors has been appointed to guide the future of Core AI Holdings. Aitan Zacharin continues as CEO, bringing invaluable insights from his prior role at Core Gaming. Supporting him are experienced leaders like Marc Seelenfreund, who has a rich background in public company leadership, and Luisa Ingargiola, a seasoned CFO with extensive knowledge of SEC reporting.

Stock Consolidation and Trading Plans

As part of the merger agreement, the company will conduct a reverse stock split, effective soon after the merger completion. This strategic move will enable Core AI Holdings to meet Nasdaq's initial listing requirements, thereby boosting its position in the public market.

A Bright Future for Core AI Holdings

Core AI Holdings, Inc. is not just a name change; it symbolizes a company ready to embrace the future of gaming and technology. With impressive goals set to integrate AI within its offerings, the company promises to reshape how players engage with mobile games while maintaining a robust focus on shareholder value.

Commitment to Innovation

The company's mission centers on developing entertaining games that resonate with millions, while also empowering others in the gaming space. With numerous titles developed and an expanding global footprint, Core AI Holdings is poised to make a significant impact in the entertainment industry.

Frequently Asked Questions

What is the new name of the company after the merger?

The company is now named Core AI Holdings, Inc.

When did the merger with Core Gaming close?

The merger was successfully completed on October 3, 2025.

What will be the trading symbol for the new company?

The new trading symbol will be 'CHAI' on Nasdaq.

What are the goals of Core AI Holdings post-merger?

Core AI Holdings aims to enhance mobile gaming through AI technology and expand into various verticals.

Who is the CEO of Core AI Holdings?

Aitan Zacharin continues as the CEO following the merger.

About The Author

Hello Kelly Martin here, a financial and publicly traded company specialist committed to writing with clarity and sage advice. Having a wealth of experience and a thorough grasp of corporate dynamics and the financial environment, my main goal in writing blog posts and articles is to provide insightful analysis together with useful guidance. My objective is to arm readers with the information they need to comprehend the complexities of publicly traded companies and make wise financial decisions.

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