Allied Gaming & Entertainment Announces Special Meeting Proposal Focused on Capital Structure to Support M&A and Financing Plan
Allied Gaming & Entertainment Inc. announced a proposal for stockholders to approve a reverse stock split ranging from 1-for-2 to 1-for-25, aiming to optimize its capital structure and support potential future mergers, acquisitions, and financing initiatives. The company is responding proactively to a Nasdaq notice regarding minimum bid price requi…