Allied Gaming shares surge 10.84% premarket after shareholders approve board's rights plan against Knighted group.

Allied Gaming surged 10.84% in premarket trading after shareholders approved the board's rights plan, which was triggered by the Knighted group. The decisive advisory vote reinforced the company's defensive governance strategy, signaling to investors that management is proactively safeguarding shareholder interests against potential hostile takeovers. This outcome likely bolstered market confidence in Allied's corporate resilience and stability.