Knighted pastures terminates proxy contest at allied gaming

Los angeles, aug. 28, 2025 (globe newswire) -- knighted pastures, llc (“knighted pastures”) announced today that it had notified allied gaming & entertainment inc. (“allied gaming”) (nasdaq: agae) that it was withdrawing its nominations of six candidates for election to the board of allied gaming and for related board changes. in august 2025, the united states district court for the central district of california entered a preliminary injunction order preventing changes to the composition of allied gaming's board, including a vote on directors for six board seats, based on allied gaming's claim that knighted pastures was part of an undisclosed “group” with other shareholders. the court order delays the completion of the director vote while the case is pending.
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