Allied Gaming & Entertainment Acknowledges Public Filing Release by Company Shareholder; Says "The Co 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"
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Allied Gaming & Entertainment (NASDAQ: AGAE) is addressing concerns raised by shareholder Ourgame International Holdings Limited regarding recent board decisions. AGAE disagrees with Ourgame's characterization but is committed to open dialogue with shareholders.
September 27, 2024 | 1:01 pm
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Allied Gaming & Entertainment is responding to a public filing by shareholder Ourgame International, which opposes recent board decisions. AGAE disagrees with Ourgame's views but is committed to engaging with shareholders constructively.
The news highlights a disagreement between AGAE and a significant shareholder, Ourgame. While AGAE is committed to addressing the concerns, the disagreement could create uncertainty among investors. However, AGAE's commitment to open dialogue may mitigate negative impacts.
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