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Allied Gaming Faces Nasdaq Delisting Notice Amid Challenges

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Allied Gaming Faces Nasdaq Delisting Notice Amid Challenges

Elevate Your Investing Strategy:

Allied Gaming & Entertainment ( (AGAE) ) just unveiled an announcement.

On June 18, 2025, Allied Gaming & Entertainment Inc. received a notice from Nasdaq regarding non-compliance with listing rules, specifically for not holding an annual meeting of shareholders within the required timeframe and failing to file Form 10-Q for the period ended March 31, 2025. The company has requested a hearing to appeal the delisting decision, attributing the delays to actions by activist shareholder Knighted Pastures LLC, which led to lawsuits disrupting operations. Despite these challenges, Allied remains committed to compliance and shareholder value, having made operational progress and scheduled its annual meeting for August 4, 2025.

Spark’s Take on AGAE Stock

According to Spark, TipRanks’ AI Analyst, AGAE is a Neutral.

Allied Gaming & Entertainment’s overall stock score reflects serious financial challenges and legal risks. Despite positive technical indicators suggesting short-term momentum, the company’s negative financial performance and valuation concerns weigh heavily on its attractiveness. The legal proceedings and compliance issues further exacerbate the risk profile.

To see Spark’s full report on AGAE stock, click here.

More about Allied Gaming & Entertainment

Allied Gaming & Entertainment Inc. is a global experiential entertainment company focused on providing unique experiences for gamers and concertgoers through renowned assets, products, and services.

Average Trading Volume: 268,449

Technical Sentiment Signal: Buy

Current Market Cap: $110.3M

For an in-depth examination of AGAE stock, go to TipRanks’ Overview page.

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