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WebsiteIntroduction
SIYATA MOBILE INC (ticker: SYTA) is a developer and distributor of Push-to-Talk Over Cellular (PoC) devices, including rugged handsets and in-vehicle communicators. Listed on the NASDAQ Capital Market (exchange: NAS), SYTA shares traded at $3.2598 on October 3, 2025, reflecting a 39.31% increase in the latest session on a volume of 3,467,756 shares.
Corporate Structure and Experience
With 11–50 employees, SIYATA MOBILE INC operates as a small to medium-sized enterprise that focuses on mission-critical communications. The company’s workforce combines telecommunications engineering, product design, and field applications expertise. Its flagship products include the SD7 handset and the UV350 in-vehicle communicator, which are aimed at sectors such as first responders, healthcare, education, and transportation.
Push-to-Talk by Alexander Shatov
Developments and News
- On August 29, 2025, SIYATA executed an Amended and Restated Merger Agreement with Core Gaming, Inc., under which Core Gaming will become a wholly owned subsidiary of Siyata Core Acquisition U.S. Core Gaming’s revenues are projected to reach $100 million in 2025, up from $13.2 million in 2021.
- Prior to closing, Core Gaming is required to procure and prepay a one-year tail insurance policy with a $10 million aggregate limit and extend directors’ and officers’ liability coverage.
- The Form 6-K filed on August 29, 2025, detailed covenants that prevent PTT Subsidiaries from incurring new indebtedness without approval from SIYATA’s CEO, Marc Seelenfreund.
- On September 24, 2025, SIYATA filed a Form 25-NSE to report the removal from listing and registration of warrants expiring September 25, 2025. This administrative action follows procedural requirements under 17 CFR 240.
Financial and Strategic Analysis
The 39.31% increase in share price indicates investor interest surrounding the merger with Core Gaming. The trading volume of 3.47 million shares suggests increased liquidity. The strategic acquisition aims to expand SIYATA’s PoC communications business into mobile and AI gaming. Requirements for a $10 million tail insurance policy and a $4 million termination fee under the merger agreement reflect the company’s approach to risk management. The delisting of warrants simplifies SIYATA’s capital structure.
Market Position and Industry Context
SIYATA competes in the Land Mobile Radio replacement market by offering cellular-network-based PoC solutions. Its products are designed for environments where reliability, ruggedness, and clear audio are essential, including emergency services, construction, public works, hospitality, and transport. As first-responder agencies and enterprise fleets adopt cellular PTT for improved coverage and cost efficiency, SIYATA aims to position itself favorably in a market transitioning from traditional two-way radios to digital communication solutions.
tl;dr
As of October 3, 2025, SYTA shares are priced at $3.2598 (+39.31%) with 3.47 million shares traded. On August 29, 2025, SIYATA signed an Amended and Restated Merger Agreement to acquire Core Gaming, requiring a $10 million tail insurance policy and extended liability coverage. A Form 25-NSE filed on September 24, 2025, removed warrants expiring September 25, 2025, from Nasdaq listing. The merger is expected to extend SIYATA’s business into AI gaming, targeting $100 million in subsidiary revenues for 2025.
