Allied Gaming & Entertainment Inc. has announced a significant update to its Stockholder Rights Agreement. On May 30, 2025, the company's Board of Directors approved Amendment No. 1, which revises the agreement originally established on February 9, 2024, with Continental Stock Transfer & Trust Company as the Rights Agent. The amendment specifically alters the "Administration" section, ensuring that the Board's fiduciary duties to the company and its stockholders remain unaffected and that directors' liabilities for breaches of these duties under applicable law are not limited or eliminated. The full text of the amendment is available as Exhibit 4.1 for further reference.
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