Allied Gaming & Entertainment receives Nasdaq deficiency notice for bid price below $1.00

Allied Gaming & Entertainment Inc.

Received deficiency letter from Nasdaq on May 15, 2024, for closing bid price below $1.00 for 32 consecutive business days.
Company has 180 calendar days, until November 11, 2024, to regain compliance with the Bid Price Requirement.
Compliance can be regained if closing bid price is at least $1.00 for 10 consecutive business days before compliance date.
Company will monitor the bid price and may consider available options to regain compliance.

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