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21.11.25 - 23:24
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Allied Gaming & Entertainment Provides Update on Litigation and Related Matters Involving Knighted Group (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) (“Allied” or the “Company”), a global experiential entertainment and gaming company, today provided an update regarding its litigation against Knighted Pastures LLC (“Knighted”), Mr. Roy Choi, his mother Ms. Naomi Choi, and Ms. Yiu-Ting So, a long-time business associate of Mr. Choi (Knighted and Mr. Choi, the “Knighted Parties”, and the Knighted Parties, together with Ms. Choi and Ms. So, the “Knighted Group”).
On August 12, 2025, the United States District Court for the Central District of California (the “Court”) issued its full order on preliminary relief. In that order, the Court stated that “Allied has demonstrated it is reasonably likely to establish the Knighted Parties formed a group with Naomi Choi and Yiu-Ting So, under Section 13(d), and succeed on the merits of its claims.” 1
Based on the findings reflected in the Court's order, the Company's Board of Directors has made a preliminary det...
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20.11.25 - 15:06
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Allied Gaming & Entertainment Announces Third Quarter 2025 Financial Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the third quarter ended September 30, 2025.
“With the disruptions related to a dissident stockholder now completely behind us following the third quarter, we are laser focused on advancing our strategic initiatives as we close out the year,” said James Li, Chairman & CEO of AGAE. “We are particularly pleased with our recent acquisition of Saiju School, a leading Japanese vocational high school, which will be renamed Allied International Futuretech Academy (AIFA). This acquisition is highly synergistic to our core business and represents a pivotal transformational step for Allied. We believe this is the first of many announcements, which will be followed by further global expansion into markets including Dubai, Hainan, and more.”
Third Quarter 2025 Financial Results
Revenues: Total revenues of $1.8 million...
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10.11.25 - 15:03
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AGAE Completes Acquisition of Leading Japanese Vocational High School, Advancing Global Education Expansion Strategy (GlobeNewswire EN)
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Tokyo, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Tokyo, Japan – November 10, 2025 – Allied Gaming & Entertainment Inc. (“Allied” or the “Company”), a global experiential entertainment and gaming company, is pleased to announce that it has officially completed the acquisition of Saiju School. Founded in 1943, Saiju School is the No. 1 Higher Vocational School (Higher Vocational School Course) accredited by Shiga Prefecture, Japan. This acquisition marks Allied's formal entry into Japan's accredited secondary education system and represents a significant step toward redefining a future education model powered by creativity and technology....
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14.08.25 - 22:36
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Allied Gaming & Entertainment Announces Second Quarter 2025 Financial Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the second quarter ended June 30, 2025.
“I am honored to be appointed CEO and I look forward to sharing more detail about our strategic vision in the second half of the year,” said Mr. Yangyang Li, Allied Gaming & Entertainment's Chairman of the Board, CEO and President. “While our second quarter performance was impacted by disruptions related to a dissident stockholder, I am confident that we are gaining meaningful traction on our key initiatives. Our recent progress, including participating in strategic investments in iconic intellectual properties like Angry Birds 3, is laying a strong foundation, and we expect these efforts to be increasingly reflected in our financial performance in the quarters ahead.”
Second Quarter 2025 Financial Results
Revenues: Total revenues of $1.9 million decreased 27% comp...
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07.08.25 - 15:06
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Allied Gaming & Entertainment Announces Stockholders Voted for All Company Recommendations at Combined 2024/2025 Annual Meeting (Business Wire)
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Allied Thanks Stockholders for Their Continued SupportNEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “Allied”), a global experiential entertainment company, announced that stockholders voted for all proposals recommended by the Company at Combined 2024/2025 Annual Meeting of Stockholders (“Annual Meeting”).
At the Annual Meeting stockholders voted to:
Approve the compensation of the Company's named executive officers.
Approve the frequency of future advisory votes on the compensation of the Company's named executive officers.
Ratify the appointment of ZH CPA, LLC to act as the Company's independent registered public accounting firm for the fiscal years ending December 31, 2024, and December 31, 2025.
“The Board sincerely thanks our stockholders for their unwavering support and confidence in the Company's vision for the future,” said Mr. Yangyang Li, Allied Gaming & Entertainment's Chairman of the Board, CEO and President. “With the An...
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02.08.25 - 04:21
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Federal District Court Issues Order Regarding Allied Gaming & Entertainment Combined 2024/2025 Annual Meeting of Stockholders to Take Place As Planned on August 4th, 2025 (Business Wire)
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Court Enjoins Vote on All Director Nominees and Director Removal Proposal at Annual Meeting
Company Urges All Stockholders to Vote before August 3rd at 11:59 PM ET
Company Encourages Stockholders to Vote “FOR” The Company's Proposals TodayNEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “Allied”), a global experiential entertainment company, announced that the United States District Court for the Central District of California issued an order today that the Combined 2024/2025 Annual Meeting of Stockholders (“Annual Meeting”) not be postponed and enjoining Allied and Knighted Pastures LLC (“Knighted”) from conducting any vote regarding changes to the composition of Allied's Board of Directors at the Annual Meeting. As such, the Annual Meeting will take place as planned on August 4, 2025, but no vote will be taken on any of the Company's or Knighted's director nominees or Knighted's proposal to remove Mr. Yangyang Li from the board of d...
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26.07.25 - 17:51
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Allied Gaming & Entertainment Urges Stockholders to Take Caution Against Misleading and Factually Incorrect Statements Issued by Knighted Pastures Regarding ISS Report (Business Wire)
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ISS Recommends Withhold Votes on Five of Six Board Candidates Proposed by Knighted PasturesNEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company”, “AGAE” or “Allied”), a global experiential entertainment company, announced today that a leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended withhold votes on five of the six director candidates that Knighted Pastures, LLC (“Knighted” or the “dissident”) has proposed at AGAE's upcoming combined 2024/2025 Annual Meeting on August 4, 2025. The Company also urges stockholders to take caution against relying on statements made by Knighted in its press release on the ISS recommendation.
Of particular note, Knighted's claim that ISS recommended stockholders to vote for the election of Knighted's Class B director candidates to the Company's Board of Directors is factually incorrect. In fact, ISS recommended that stockholders vote for just one of Knig...
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18.07.25 - 15:03
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Allied Gaming & Entertainment Announces Participation in the Investment of The Angry Birds Movie 3 Production Through Flywheel Media (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE” or “Allied”), a global experiential entertainment company, is proud to announce its participation in the investment of The Angry Birds Movie 3 production through Flywheel Media, a film production company creating movies that entertain and inspire audiences globally. This marks an exciting milestone for Allied as it continues to support globally recognized franchises that bridge storytelling, gaming, and cultural influence.
On April 8, 2025, Paramount Pictures announced their partnership to distribute The Angry Birds Movie 3, with a global theatrical release date set for January 29, 2027. Produced by Rovio Entertainment Corporation and SEGA, alongside Namit Malhotra and his production company Prime Focus Studios, in partnership with Flywheel Media, One Cool Group, and dentsu, the film continues the renowned legacy of the Angry Birds franchise.
“Supporting The Angry Birds Movie 3 through Flyw...
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17.07.25 - 22:06
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Allied Gaming & Entertainment Releases Investor Presentation Underscoring Proven Strategy and Commitment to Sustained Stockholder Value (Business Wire)
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Company Urges Stockholders to Vote "FOR" All Six Allied Director Nominees on the WHITE Proxy Card TodayNEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company”, “AGAE” or “Allied”), a global experiential entertainment company, announced that it has filed an investor presentation with the Securities and Exchange Commission ("SEC") in connection with its combined 2024/2025 Annual Meeting of Stockholders to be held on August 4, 2025. Stockholders of record as of June 25, 2025, will be entitled to vote at the meeting.
Key highlights of the presentation include:
Through strong and focused leadership, Allied's Board and Management have driven substantial progress and built a compelling, actionable plan to sustain and accelerate long-term growth.
The Company has laid out a clear-cut strategy for future growth and long-term value creation.
With AGAE's rock solid balance sheet, the Company will continue to focus on unlocking stockholder value th...
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30.06.25 - 15:03
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Allied Invites All Stockholders to Join Forces in Shaping a Bright Future for the Company – An Open Letter to All Stockholders (Business Wire)
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Files Definitive Proxy Statement for combined 2024/2025 Annual Meeting of Stockholders
Strongly Encourages Stockholders to Vote “FOR” All of its Highly Qualified Board Members on WHITE Proxy Card
Urges Stockholders to Deny Knighted Pastures and Roy Choi's Attempts to Take Over the Company and Further Destroy Stockholder ValueNEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today issued a letter to its stockholders regarding AGAE's combined 2024/2025 Annual Meeting of Stockholders (the “Annual Meeting”) to be held August 4, 2025, which strongly encourages its stockholders to support its six highly qualified director nominees, management team and strategic initiatives to continue progressing the Company forward. The letter also details the numerous ways in which the dissident stockholder, Knighted Pastures, LLC, has destroyed stockholder value without any attempts to constructively engage w...
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26.06.25 - 23:03
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Allied Gaming & Entertainment Announces CEO Transition to Accelerate Strategic Growth and Innovation (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) (“AGAE”, “Allied” or the “Company”), a global experiential entertainment company, today announced a CEO transition to further strengthen the Company's execution of its unique content and technology-driven growth strategy.
Ms. Yinghua Chen, the current Chief Executive Officer of AGAE, will transition to serve the Company in a senior strategic capacity. Ms. Chen will remain as the Chief Executive Officer of the Company's wholly owned subsidiary, Allied Esports International. This will enable her to fully focus on advancing Allied's unique content strategy, including the development and integration of global animation IPs and gaming assets.
The Company's Board of Directors has unanimously appointed its current President and Chairman of the Board, Mr. Yangyang (James) Li, as Chief Executive Officer of AGAE. Mr. James Li will continue to serve as President, as well as Chairman of the Board, and no changes will be made ...
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25.06.25 - 23:06
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Allied Gaming & Entertainment Reports Nasdaq Communication Related to Procedural Delays (Business Wire)
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Delisting notice as a result of actions taken by dissident stockholderNEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced that on June 18, 2025, it received a notice from the staff of The Nasdaq Stock Market (“Staff”) indicating that, based on the Company's non-compliance with Listing Rule 5620(a), which requires holding an annual meeting of shareholders within twelve months of the end of the Company's fiscal year end, the Staff determined to initiate procedures to delist the Company's securities unless the Company requests an appeal to a Nasdaq Hearings Panel (the “Panel”) by June 25, 2025. Additionally, the Staff notified the Company of its non-compliance with Listing Rule 5250(c)(1) for failing to timely file its Form 10-Q for the period ended March 31, 2025 serves as a separate and additional basis for delisting.
On June 25, 2025, the Company submitted a hearing request ...
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10.06.25 - 00:39
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Allied Gaming & Entertainment Urges All Stockholders to Be Cautious About Misrepresented Assertions by Dissident Shareholder (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, strongly urges its stockholders to support the Company nominated directors up for reelection by Allied Gaming & Entertainment to remain on the Company's Board of Directors (“Board”) at AGAE's combined 2024/2025 annual meeting of stockholders (the “Annual Meeting”). AGAE also strongly urges stockholders to be cautious about misrepresented assertions by a dissident shareholder, Knighted Pastures, LLC (“Knighted”), and recommends stockholders vote against those individuals nominated by Knighted.
The Company issued the following statement:
AGAE strongly disagrees with the assertions made by Knighted in their recent filings. Their campaign is self-serving and aims to seize control of the Company without offering any premium to AGAE's valued shareholders. AGAE benefits from a highly qualified, engaged Board that has extensive experience rele...
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