Allied Gaming schedules stockholder meeting on reverse stock split

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Allied Gaming & Entertainment Announces Special Meeting Proposal Focused on Capital Structure to Support M&A and Financing Plan

May 11, 2026 4:15 PM EDT

NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) (the Company) today announced that its Board of Directors has approved a proposal to be submitted to a special meeting of stockholders (the Special Meeting) to be held on June 1st, 2026 for consideration and vote. The proposal is primarily focused on capital structure optimization, supporting the Companys flexibility for potential future strategic transactions and financing initiatives, and strengthening corporate governance.

At the Special Meeting, stockholders will be asked to consider and vote on the following proposal:

1. Reverse Stock Split... More