NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) — Allied Gaming & Leisure, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a worldwide experiential leisure firm, right this moment introduced that on April 16, 2026, it acquired a deficiency letter (the “Letter”) from the Itemizing {Qualifications} Division of the Nasdaq Inventory Market (“Nasdaq”) notifying the Firm that it isn’t in compliance with the periodic reporting necessities for continued itemizing set forth in Nasdaq Itemizing Rule 5250(c)(1) (the “Rule”) as a result of the Firm’s Annual Report on Type 10-Ok for the fiscal yr ended December 31, 2025 (the “Form 10-K”) was not filed with the Securities and Alternate Fee (the “SEC”) by the required due date of March 31, 2026 (or April 15, 2026 following the Type 12b-25 filed by the Firm on March 31, 2026). The Letter has no speedy impact on the itemizing or buying and selling of the Firm’s widespread inventory on Nasdaq.
Beneath Nasdaq guidelines, the Firm now has 60 calendar days from the receipt of the Letter, or till June 15, 2026, to submit a plan to regain compliance with the Rule. The Firm at present expects that it will likely be in a position to file the Type 10-Ok previous to such deadline to submit a plan of compliance. Within the occasion the Firm must submit a plan of compliance, and Nasdaq accepts the Firm’s plan, Nasdaq might grant an exception of 180 calendar days from the Type 10-Ok’s due date, or till October 12, 2026, as instructed by the Letter, to regain compliance with the Rule. Nevertheless, there is no such thing as a assurance that the Firm will have the ability to regain compliance with all relevant continued itemizing necessities of Nasdaq or that Nasdaq will settle for the Firm’s plan to regain compliance, if any.
The Firm is working diligently to regain compliance with the Rule. This press launch has no speedy impact on the itemizing or buying and selling of the Firm’s widespread inventory on Nasdaq.
About Allied Gaming & EntertainmentAllied Gaming & Leisure Inc. (Nasdaq: AGAE) is a worldwide experiential leisure firm present process a strategic transformation into an built-in digital ecosystem platform, with a give attention to digital infrastructure, synthetic intelligence, and technology-enabled progress alternatives. For extra data, go to alliedgaming.gg.
Ahead Trying StatementsThis communication incorporates sure forward-looking statements below federal securities legal guidelines. In some circumstances, you may establish forward-looking statements by terminology resembling “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “intend” or “continue,” the unfavourable of such phrases, or different comparable terminology. Ahead-looking statements on this press launch embrace, however will not be restricted to, the Firm’s expectation that it will likely be in a position to file the Type 10-Ok previous to the deadline to submit a plan of compliance. These statements are topic to recognized and unknown dangers, uncertainties, assumptions and different components that will trigger precise outcomes to be materially totally different from these contemplated by the forward-looking statements, lots of that are outdoors our management, that would trigger precise outcomes or outcomes to vary materially from these mentioned in these forward-looking statements and, consequently, you shouldn’t depend on these forward-looking statements as predictions of future occasions. The inclusion of such data shouldn’t be thought to be a illustration by the Firm, or any individual, that the aims of the Firm might be achieved. Dangers and components that will have an effect on outcomes of the Firm are set forth within the Firm’s filings with the SEC, together with its Annual Report on Type 10-Ok for the fiscal yr ended December 31, 2024, and its subsequent stories on Type 10-Q and present stories on Type 8-Ok. Any forward-looking assertion speaks solely as of the date of this press launch, and, besides as required by regulation, the Firm doesn’t assume any obligation to replace any forward-looking assertion to replicate new data, occasions, or circumstances.
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