Brag House Expresses Confidence in Strategy and Comments on Recent Trading Activity

Rhea-AI Summary

Brag House Holdings (NASDAQ: TBH), a media-tech platform focusing on gaming, college sports, and brand engagement, has addressed recent unusual trading activity in its stock. The company affirmed its confidence in its strategic initiatives aimed at redefining digital engagement for casual college gamers and brand partnerships.

The company stated it is unaware of any material undisclosed information or corporate development that could explain this week's stock price decline and unusually high trading volume. Brag House is currently investigating the trading activity and will update the market if relevant findings emerge.

The company emphasized its ongoing focus on scaling its platform, enhancing user experience, and expanding data-driven brand partnerships targeting Gen Z audiences. No stockholder action is required at this time.

Positive

• Company reaffirms confidence in business strategy
• Continued expansion of platform capabilities
• Growing data-driven brand partnerships

Negative

• Unexplained significant stock price decline and unusual trading volume
• Ongoing investigation into suspicious trading activity

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Brag House Holdings, Inc. (NASDAQ: TBH), a pioneering media-tech platform at the intersection of gaming, college sports, and brand engagement, today expressed confidence in its strategy and commented on recent trading activity in its stock.

Brag House is executing on its strategic initiatives to redefine digital engagement for casual college gamers and the brands that seek to connect with them. The Company continues to focus on scaling its platform, enhancing user experience, and expanding its data-driven brand partnerships to create deeper, more meaningful connections with Gen Z. The Company believes its strategy is working as Brag House is expanding its platform’s capabilities, refining its data-driven insights for brand partners, and fostering a digital community that resonates with casual gamers. Brag House remains confident in its strategic plan and the various initiatives it is executing on to create shareholder value.

While the Company ordinarily does not comment on market activity, in light of recent trading activity in its stock, the Company notes that it is not aware of any material undisclosed information or corporate development that would contribute to this week’s decline in stock price or unusually high trading volume. The Company is investigating the recent trading activity in its stock and, if it makes any relevant findings, it will update the market accordingly.

No stockholder action is required at this time.

About Brag House

Brag House Holdings, Inc. (NASDAQ: TBH) is a next-generation engagement platform that leverages social gaming, AI-driven insights, and collegiate sports to connect brands with Gen Z. Through a community-first approach, Brag House provides immersive experiences, authentic data-driven brand activations, and a scalable engagement model tailored for the modern digital consumer.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, including, but not limited to, the company’s ability to execute its strategy and implement its strategic initiatives. For a full discussion of these risks, please refer to Brag House’s SEC filings.

Media Contact:
Fatema Bhabrawala
Director of Media Relations
fbhabrawala@allianceadvisors.com

Investor Relations Contact:
Adele Carey
VP, Investor Relations
ir@thebraghouse.com

FAQ

What caused the recent stock price decline in Brag House (TBH) shares?

The company stated it is unaware of any material undisclosed information or corporate developments that would explain the recent decline in stock price and high trading volume.

Is Brag House (TBH) investigating the unusual trading activity in its stock?

Yes, Brag House is investigating the recent trading activity and will update the market if any relevant findings emerge.

What strategic initiatives is Brag House (TBH) currently pursuing?

Brag House is focusing on scaling its platform, enhancing user experience, and expanding data-driven brand partnerships for casual college gamers.

Do Brag House (TBH) shareholders need to take any action regarding the recent trading activity?

No, the company has explicitly stated that no stockholder action is required at this time.