Allied Gaming Aware of Ourgame Legal Investigations
Allied Gaming & Entertainment acknowledged its awareness of a recent public disclosure issued by Ourgame International Holdings Limited concerning legal actions and investigations involving Frank Ng, a former chief executive officer of AGAE. "AGAE takes such disclosures seriously and will continue to closely monitor the development and outcomes of any related investigations and legal proceedings as information becomes available through public and lawful channels. In addition, AGAE confirms that it will review and investigate, as appropriate, any matters potentially relevant to the period during which Ng served as Chief Executive Officer of AGAE, including during the construction and development phase of the Company's flagship esports arena in Las Vegas. Any review will be conducted in accordance with applicable laws, governance standards, and the advice of independent legal and professional advisers," the company said
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Allied Gaming (AGAE) Court Update: Motion to Amend Complaint Granted
- Litigation Progress: The U.S. District Court for the Central District of California granted Allied Gaming's unopposed motion on January 5, 2026, allowing the company to amend its complaint against Knighted Pastures, facilitating a more efficient progression of the case.
- Preliminary Injunction Modification: The Court vacated provisions of the preliminary injunction that temporarily restricted board elections, indicating that these measures were no longer necessary as the defendants had ended their proxy contest, thus ensuring normal governance for the company.
- Procedural Development: The Court also denied all pending motions to dismiss filed by the defendants, further streamlining the issues before the Court and enhancing litigation efficiency, which positions Allied Gaming more favorably in its legal standing.
- Strategic Implications: Allied views this ruling as a significant procedural development, marking a clarification of the company's litigation posture and aiding in the protection of its rights in future legal battles.

Allied Gaming & Entertainment (AGAE) Acknowledges Legal Investigations Involving Former CEO Frank Ng
- Legal Investigation Awareness: AGAE acknowledges the legal actions and investigations involving former CEO Frank Ng, indicating the company's serious approach to legal matters, which could impact its reputation and future operations.
- Ongoing Monitoring Commitment: The company commits to closely monitoring the progress and outcomes of related investigations, ensuring timely updates to maintain transparency and bolster investor confidence.
- Internal Review Commitment: AGAE confirms it will review any potential issues connected to Ng's tenure, particularly regarding the construction and development phase of the Las Vegas esports arena, ensuring compliance and governance standards are upheld.
- Guidance from Legal Advisors: The review will be conducted in accordance with applicable laws and governance standards, guided by independent legal and professional advisers to ensure fairness and transparency in the review process.









