Allied Gaming & Entertainment Faces Shareholder Activism Ahead of August 2025 Meeting

Reuters
18 Jul
Allied Gaming & Entertainment Faces Shareholder Activism Ahead of August 2025 Meeting

Allied Gaming & Entertainment Inc., a global experiential entertainment company, is engaging in shareholder activism ahead of its combined 2024/2025 Annual Meeting of Stockholders scheduled for August 4, 2025. The company urges stockholders to vote "FOR" all six of its director nominees on the WHITE proxy card. The current Board of Directors, led by figures such as Jingsheng (Jason) Lu and Guanzhou (Jerry) Qin, emphasizes their strategy to sustain and accelerate long-term growth. They have highlighted their achievements, including outperforming their peer set over the past 1-year, 3-year, and 5-year periods, and stress that their plan involves organic growth, strategic partnerships, and accretive acquisitions. In contrast, Knighted Pastures LLC, which has shown interest in gaining control of the company, has not provided a detailed plan for the company's future, according to Allied. Stockholders are advised against signing any proxy card from Knighted, as Allied aims to protect its stockholder value and interests.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allied Gaming & Entertainment Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250716191641) on July 17, 2025, and is solely responsible for the information contained therein.

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