Company to retain and restructure esports operations with focus on experiential entertainment and gaming products and services to expand addressable market
Corporate rebranding and name change to Allied Gaming & Entertainment to reflect new strategic focus
Robert Proctor appointed CEO of Allied Esports International subsidiary
NEW YORK, December 01, 2022–(BUSINESS WIRE)–Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE), f/k/a Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced the conclusion of its previously announced strategic review process. The strategic review was overseen by the Company’s Board of Directors and included the assistance of The Benchmark Company, which served as the Company’s exclusive financial advisor in connection with a potential business combination transaction. After…
