Allied Gaming & Entertainment Receives Favorable Court Ruling, Amended Claims to Proceed

Allied Gaming & Entertainment Inc. (AGAE) has received a favorable court order allowing it to proceed with amended claims against Knighted Pastures, LLC and related parties. The order grants AGAE permission to amend its complaint and denies the defendants' motions to dismiss. The preliminary injunction remains in effect, except for provisions related to the board election and external orders. AGAE views this as a procedural development that streamlines the case and allows it to proceed efficiently. The company will continue to pursue the matter while focusing on executing its business strategy and creating long-term shareholder value.