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Stock impact report

Allied Gaming & Entertainment Acknowledges Public Filing Release by Company Shareholder

Allied Gaming & Entertainment Inc. (AGAE) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, acknowledges a recent filing by Ourgame International Holdings Limited, one of AGAE’s shareholders, which also references a legal letter that Ourgame sent to AGAE’s Board of Directors. In the filing and letter, Ourgame expressed opposition to certain actions recently taken by AGAE’s Board of Directors and management, citing concerns over the impact on their interests as a shareholder.The Company respects and values the opinions of all its shareholders and remains committed to engaging with them in an open and constructive manner. While AGAE is actively responding to the requests in the letter, it firmly disagrees with Ourgame’s characterization of the Board’s recent decisions.AGAE’s Board of Directors has always acted, and will continue to act, in a manner which is transparent, fair, and consistent with its fiduciary duties and in th Show less Read more
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