Allied Gaming & Entertainment, Inc. (AGAE) announced that stockholders voted for all proposals recommended by the company at its combined 2024/2025 Annual Meeting of Stockholders on August 4, 2025. This outcome reflects shareholder support for the company's non-director-related agenda.
The Annual Meeting proceeded as scheduled, although a federal court order issued on August 1, 2025, had enjoined any vote on director nominees or the proposal to remove Mr. Yangyang Li from the board. Therefore, the approved proposals pertain to other corporate matters.
Mr. Yangyang Li, Allied Gaming & Entertainment’s Chairman of the Board, CEO, and President, thanked stockholders for their support and confidence. He stated that with the Annual Meeting concluded, the company is focused on driving its strategic growth initiatives for the remainder of 2025.
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