Allied Gaming & Entertainment, Inc. (AGAE) announced that on April 17, 2025, it received a deficiency letter from the Nasdaq Stock Market. The notice indicated that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the late filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
The Form 10-K was due by March 31, 2025, or April 15, 2025, following an extension. This letter does not have an immediate effect on the listing or trading of AGAE’s common stock.
Under Nasdaq rules, AGAE has until June 16, 2025, to submit a plan to regain compliance. While the company expects to file the Form 10-K before this deadline, there is no assurance that Nasdaq will accept its plan, which could lead to further compliance issues.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.