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Stock impact report

Allied Gaming and Entertainment Issues Statement to Shareholders and the Investment Community

Allied Gaming & Entertainment Inc. (AGAE) 
Company Research Source: GlobeNewswire
New York, Dec. 05, 2025 (GLOBE NEWSWIRE) -- NEW YORK, NY — December 5, 2025  — Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) (the “Company”) today issued a statement to shareholders and the investment community regarding recent market activity and to reinforce management’s confidence in the Company’s financial position and strategic outlook. The Company has observed unusually elevated levels of short-selling and speculative trading activity in recent periods, resulting in a share price that management believes has diverged materially from Allied’s asset base and intrinsic value.To ensure transparency and avoid market misinterpretation, the Board of Directors and management issue the following update. Current Market Valuation Is Misaligned with Financial Fundamentals As disclosed in the Company’s most recent Form 10-Q for the quarter ended September 30, 2025: -Total assets exceed US$106.7 million-Cash, cash equivalents and short-term investments total approximately US$53. Show less Read more
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