Allied Gaming settles legal dispute with Knighted Pastures

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Allied Gaming & Entertainment and Knighted Pastures Announce Comprehensive Resolution and Strategic Path Forward

April 14, 2026 4:01 PM EDT

NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) (Allied or the Company) and Knighted Pastures LLC (Knighted Pastures) today announced that they have reached a comprehensive and mutually agreed resolution of all outstanding matters between the parties, bringing full closure to prior legal proceedings. In connection with the resolution, the parties have executed a term sheet setting forth the overall framework of the resolution.

The resolution includes a mutually agreed-upon framework addressing the recent Delaware court award of attorneys fees to Knighted and reflects a constructive outcome that both parties... More