NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) — Allied Gaming & Leisure, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), an international experiential leisure corporate, lately introduced that on April 16, 2026, it won a deficiency letter (the “Letter”) from the List {Qualifications} Division of the Nasdaq Inventory Marketplace (“Nasdaq”) notifying the Corporate that it’s not in compliance with the periodic reporting necessities for persisted list set forth in Nasdaq List Rule 5250(c)(1) (the “Rule”) since the Corporate’s Annual Record on Shape 10-Okay for the fiscal yr ended December 31, 2025 (the “Form 10-K”) used to be no longer filed with the Securities and Trade Fee (the “SEC”) by means of the desired due date of March 31, 2026 (or April 15, 2026 following the Shape 12b-25 filed by means of the Corporate on March 31, 2026). The Letter has no instant impact at the list or buying and selling of the Corporate’s commonplace inventory on Nasdaq.
Below Nasdaq regulations, the Corporate now has 60 calendar days from the receipt of the Letter, or till June 15, 2026, to post a plan to regain compliance with the Rule. The Corporate these days expects that it’ll have the ability to record the Shape 10-Okay previous to such time limit to post a plan of compliance. Within the tournament the Corporate must post a plan of compliance, and Nasdaq accepts the Corporate’s plan, Nasdaq might grant an exception of 180 calendar days from the Shape 10-Okay’s due date, or till October 12, 2026, as advised by means of the Letter, to regain compliance with the Rule. On the other hand, there’s no assurance that the Corporate will have the ability to regain compliance with all acceptable persisted list necessities of Nasdaq or that Nasdaq will settle for the Corporate’s plan to regain compliance, if any.
The Corporate is operating diligently to regain compliance with the Rule. This press unlock has no instant impact at the list or buying and selling of the Corporate’s commonplace inventory on Nasdaq.
About Allied Gaming & EntertainmentAllied Gaming & Leisure Inc. (Nasdaq: AGAE) is an international experiential leisure corporate present process a strategic transformation into an built-in virtual ecosystem platform, with a focal point on virtual infrastructure, synthetic intelligence, and technology-enabled expansion alternatives. For more info, talk over with alliedgaming.gg.
Ahead Taking a look StatementsThis verbal exchange accommodates positive forward-looking statements underneath federal securities regulations. In some instances, you’ll be able to establish forward-looking statements by means of terminology reminiscent of “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “intend” or “continue,” the adverse of such phrases, or different similar terminology. Ahead-looking statements on this press unlock come with, however don’t seem to be restricted to, the Corporate’s expectation that it’ll have the ability to record the Shape 10-Okay previous to the time limit to post a plan of compliance. Those statements are topic to recognized and unknown dangers, uncertainties, assumptions and different components that can motive exact effects to be materially other from the ones pondered by means of the forward-looking statements, lots of which might be outdoor our regulate, that might motive exact effects or results to vary materially from the ones mentioned in those forward-looking statements and, because of this, you will have to no longer depend on those forward-looking statements as predictions of long run occasions. The inclusion of such data will have to no longer be considered a illustration by means of the Corporate, or someone, that the targets of the Corporate might be completed. Dangers and components that can have an effect on result of the Corporate are set forth within the Corporate’s filings with the SEC, together with its Annual Record on Shape 10-Okay for the fiscal yr ended December 31, 2024, and its next reviews on Shape 10-Q and present reviews on Shape 8-Okay. Any forward-looking remark speaks handiest as of the date of this press unlock, and, apart from as required by means of legislation, the Corporate does no longer think any legal responsibility to replace any forward-looking remark to mirror new data, occasions, or cases.
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