Allied Gaming & Entertainment, Inc. Adopts Limited-Duration Shareholder Rights Plan

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (Nasdaq: AGAE), a global experimental entertainment company, today announced that its Board of Directors has unanimously approved the adoption of a limited-duration shareholder rights plan (“Rights Plan”) under which shareholders will receive rights to purchase a new series of preferred stock in certain circumstances. The Company issued the following statement: In accordance with its fiduciary duties, our Board of Directors is firmly committed ...