AIFA 8-K
All In FutureTech Alliance, Inc. (AIFA)
8-K
2025-08-19
For: 2025-08-19
View Original
Added on
April 10, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 19, 2025
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
(Address of principal executive offices, including zip code)
(646 ) 768-4240
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Items.
On August 19, 2025, Allied Gaming & Entertainment, Inc. (the “Company”) issued a press release providing an update on its lawsuit in
the United States District Court for the Central District of California against Knighted Pastures, LLC, and certain affiliated persons, whereby on August 1, 2025, the court granted preliminary relief enjoining the vote of directors at the Company’s
annual meeting held on August 4, 2025. On August 12, 2025, the court issued its full order in support of its targeted preliminary relief. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Description
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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ALLIED GAMING & ENTERTAINMENT, INC.
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Date: August 19, 2025
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By:
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/s/ Roy Anderson
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Roy Anderson
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Chief Financial Officer
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Exhibit 99.1
Allied Gaming & Entertainment Provides Update on Lawsuit Against Knighted Pastures and Roy Choi et al.
US District Court for the Central District of California determines Allied is likely to succeed on the merits of its Section 13(d) claim against the
Knighted Parties and grants preliminary relief
New York, NY (August 19, 2025) – Allied Gaming & Entertainment, Inc.
(NASDAQ: AGAE) (the “Company” or “Allied”), a global experiential entertainment company, today provided positive updates on its lawsuit in the United States District Court for the Central District of California (the “court”), against Knighted
Pastures, LLC (“Knighted”) and Roy Choi, as well as Naomi Choi, Mr. Choi’s mother, and Yiu-Ting So (“So”), a long time business partner of Mr. Choi (collectively, the “Knighted Group” or the “Defendants”). On August 1, 2025 the court granted
preliminary relief enjoining the vote of directors at the Company’s annual meeting held on August 4, 2025. On August 12, 2025, the court issued its full order in support of its targeted preliminary relief, stating that, “[i]n sum, Allied has
demonstrated it is reasonably likely to establish the Knighted Parties formed a group with Naomi Choi and So, under Section 13(d), and succeed on the merits of its claims.”
Allied’s lawsuit seeks, among other things, to redress wrongful conduct by the Knighted Group, in connection with their involvement in Mr. Choi’s bid to replace the
Company’s Board of Directors (the “Board”) with his hand-picked designees. AGAE asserts that Knighted and Mr. Choi have been engaged in a year-long scheme to amass large quantities of AGAE’s stock without disclosure to AGAE or its stockholders
including by the filing of deficient Schedule 13D materials with the Securities and Exchange Commission (“SEC”) in a coordinated effort to secure Knighted and Mr. Choi’s control over the Board and the Company.
The court ruled to preliminarily enjoin the holding of any election of Allied’s Board of Directors until further order of the court.
“We are pleased the court recognized the compelling evidence of the Knighted Group’s undisclosed coordinated conduct, its impact on Allied’s stockholders, and that the
court enjoined the vote of directors until the merits are resolved, determining that Allied is likely to succeed on the merits of its claims. This is a win for Allied’s stockholders,” said Mr. Yangyang Li, Allied Gaming & Entertainment’s
Chairman of the Board, CEO and President. “Our Board of Directors will continue to be a strong fiduciary and fight for the rights of all Allied stockholders.”
About Allied Gaming & Entertainment
Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) is a global experiential entertainment company focused on providing a growing world of gamers and concertgoers
with unique
experiences through renowned assets, products and services. For more information, visit alliedgaming.gg.
Forward Looking Statements
This communication contains certain forward-looking statements under federal securities laws. In some cases, you can identify forward-looking statements by terminology
such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “intend” or “continue,” the negative of such terms, or other comparable terminology. These statements are subject to known and unknown
risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. These forward-looking statements are not guarantees of future performance,
conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those
discussed in these forward-looking statements. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved.
Investor Contact:
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