Concludes that Knighted Presented a “Focused Critique” that Supports a Case for Change Recommends Allied Gaming's Shareholders Vote to Elect Knighted's Class B Nominee – Roy Choi – at Upcoming Annual Meeting on Knighted's BLUE Proxy Card Raises Concerns about the Independence of the Incumbent Board Highlights Issues with Allied Gaming's Operational Performance, Corporate Governance and “Unfocused Strategy” LOS ANGELES, July 27, 2025 (GLOBE NEWSWIRE) -- Corrects an earlier release that contained an error––Knighted Pastures, LLC and its Manager Roy Choi, together with their affiliates, the owners of approximately 31.5% of the outstanding shares of Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) (“Allied Gaming” or the “Company”), today announced that a leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended that stockholders vote FOR the election of a Knighted Class B director candidate to the Company's Board of Directors (the “Board”), on its BLUE proxy card, at the upcoming combined 2024 and 2025 Annual Meeting of Stockholders. Roy Choi, Manager of Knighted, said: “We are very pleased that ISS agrees with our view that there is a need for change at Allied Gaming.
