Allied Gaming & Entertainment secures $6.6M strategic investment from Yellow River Global Capital; appoints director

Allied Gaming & Entertainment Inc.

Strategic investment of $6.6M: 6M shares at $1.10/share plus warrant for 6M shares at $1.80/share (50% premium to Oct 17 close).
Warrant expires in 5 years; purchaser has 6-month lock-up and right to nominate one director for 30 days.
Zongmin (Philip) Ding appointed to Board as Class A director, effective upon closing.
Ding brings experience from PwC, Guo Tai Jun An Securities, and Shanghai Guo Chun Venture Capital.

item 1.01 item 5.02 item 9.01

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Appointed

Zongmin (Philip) Ding

Class A Director

AGAE · Allied Gaming & Entertainment Inc.

Filed: October 23, 2024, 7:59 PM ET

the Board appointed Mr. Zongmin (Philip) Ding as a Class A director of the Board, effective upon closing of the Transaction

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Zongmin (Philip) Ding was appointed as Class A Director at Allied Gaming & Entertainment Inc..

Action: appointed
Role: Class A Director

Exact text from the filing

the Board appointed Mr. Zongmin (Philip) Ding as a Class A director of the Board, effective upon closing of the Transaction

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Allied Gaming & Entertainment Inc. filing history →

Source: SEC EDGAR

accession 0000929638-24-003568

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