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Core AI Announces Divestiture of Siyata Mobile and Subsidiaries

Barchart·12/29/2025 07:02:00
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Reduces Annual Cash Burn and Positions Company for AI-Driven Growth

Miami, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Core AI Holdings, Inc. (Nasdaq: CHAI) (“Core AI” or the “Company”), a global AI driven mobile games developer and publisher, today announced that it has simultaneously signed and closed a definitive agreement to divest Siyata Mobile Inc. and its subsidiaries (collectively, “Siyata”). This transaction is effective immediately and represents a completed strategic action to streamline operations and concentrate capital and resources on Core AI’s core artificial intelligence initiatives.

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