Allied Esports Entertainment, Inc. SEC Filings

Allied Gaming & Entertainment Inc. (AGAE) reported weaker results for the quarter ended September 30, 2025. Total revenue fell to $1.85 million from $2.16 million a year earlier, as in-person esports revenue declined and casual mobile gaming was roughly flat. For the first nine months of 2025, revenue was $6.04 million versus $7.18 million in 2024.

Loss from operations widened sharply to $7.33 million in the quarter from $1.18 million, driven mainly by a jump in general and administrative expenses to $7.18 million. Quarterly net loss was $5.40 million compared with $4.03 million, and the nine‑month net loss increased to $15.13 million from $9.74 million. Cash and cash equivalents declined to $15.45 million at September 30, 2025 from $59.24 million at December 31, 2024 as the company shifted funds into short‑term investments and loans.

Total assets were $106.77 million and total stockholders’ equity was $56.90 million at September 30, 2025. Loans payable rose to $35.14 million, largely tied to a credit facility used to fund linked‑note investments and loans receivable. The company also recorded a $1.5 million accrual related to a shareholder litigation fee motion and continued to invest in projects in China and an equity stake in a film venture.

Allied Gaming & Entertainment (AGAE) reported it received a Nasdaq notice that its common stock failed to meet the $1.00 minimum bid price requirement for the past 30 consecutive business days under Rule 5550(a)(2). The notice has no immediate effect on the company’s Nasdaq Capital Market listing.

The company has 180 calendar days, until May 4, 2026, to regain compliance. If the closing bid price is at least $1.00 for a minimum of 10 consecutive business days before that date, Nasdaq will confirm compliance. The company said it will monitor its share price and may consider available options to regain compliance.

Schedule 13G filing for Allied Gaming & Entertainment Inc. (AGAE) shows that two Missouri nonprofit reporting persons, Greater Horizons and Greater Kansas City Community Foundation, received a gift of 3,800,000 shares of the issuer's common stock on August 29, 2025, representing 9.99% of the outstanding shares based on 38,018,882 shares reported as of August 12, 2025. The filing states Greater Horizons sold all 3,800,000 shares in open market transactions on September 12, 2025. The cover-page ownership amounts are zero, and the reporting persons assert the shares were not acquired to influence control of the issuer.

Allied Gaming & Entertainment Inc. (AGAE) Form 4: Chief Financial Officer Roy L. Anderson reported a transaction on 09/23/2025 involving Common Stock. The filing shows 2,228 shares were disposed at a price of $1.19 per share. After this transaction the reporting person beneficially owned 20,381 shares of the company. The filing explains the 2,228 shares were withheld solely to cover the reporting person’s tax obligation arising from the settlement of vested restricted stock units and were not an open market sale.

The statement is a routine insider reporting of RSU settlement tax withholding and does not disclose derivative transactions or changes to indirect ownership.

Digitas Global LLC, doing business as Net Financial, reports that Greater Horizons (a donor-advised fund) beneficially owns 3,800,000 shares of Allied Gaming & Entertainment Inc. common stock, representing approximately 10.3% of the outstanding class. The shares were received as a charitable contribution from a donor; no funds or loans were used by the reporting persons to acquire the shares. The shares are held directly in the donor-advised fund and there are no rights to acquire additional shares or related derivative instruments exercisable within 60 days. The filing states the acquisition was for investment and charitable administration purposes and that the reporting persons have no present plans or proposals to effect changes in the issuer’s operations, governance, capital structure, or to initiate extraordinary transactions.