secwatch / observer
8-K filed April 21, 2026, 7:59 PM ET ticker AGAE CIK 0001708341
litigation confidence high sentiment neutral materiality 0.80

Allied Gaming settles litigation with Knighted for ~$5.94M paid over 3 months; CEO Li personally guarantees payment

Allied Gaming & Entertainment Inc.

Machine-readable event card

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secwatch.filing_event.v1
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0001171843-26-002591
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8-K
ticker
AGAE
cik
0001708341
company_name
Allied Gaming & Entertainment Inc.
filed_at
2026-04-21T23:59:59+00:00
discovered_at
2026-05-14T18:02:32.781655+00:00
generated_at
2026-05-15T05:07:41.442307+00:00
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event_type
litigation
sentiment
neutral
materiality_score
0.8
calibrated_materiality_score
0.8
confidence
high
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https://secwatch.observer/filing/0001171843-26-002591.md
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https://secwatch.observer/filing/0001171843-26-002591.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/1708341/000117184326002591/0001171843-26-002591-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1708341/000117184326002591/f8k_042026.htm
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deepseek-v4-flash:cloud@v2
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Source-grounded claims

25e9b26bc1240ad26f762aeccded18646d0f32f3

Allied Gaming & Entertainment Inc. entered into Term Sheet for Global Resolution with Knighted Pastures, LLC and Roy Choi valued at $5,936,738.36 (effective 2026-04-10).

On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

6ac881eb9657492f83b7b747084a8a9336b8c0cc

Allied Gaming & Entertainment Inc. entered into Guaranty with Knighted Pastures, LLC (effective 2026-04-10).

the Company and Mr. Li, as guarantors, entered into a Guaranty, dated as of April 10, 2026 (the “Guaranty”), pursuant to which the Company and Mr. Li jointly and severally guaranteed to Knighted the payment of the Fee Award, together with all accrued interest.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

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same fact type: material_agreement same SEC item: 1.01, 8.01, 9.01 same event type: litigation similar materiality

This filing

On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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same fact type: material_agreement same SEC item: 1.01, 8.01, 9.01 same event type: litigation similar materiality

This filing

On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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same fact type: material_agreement same SEC item: 1.01, 8.01, 9.01 same event type: litigation similar materiality

This filing

On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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This filing

On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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This filing

On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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On April 10, 2026, Allied Gaming & Entertainment Inc. (the “Company”) and Yangyang Li, its Chief Executive Officer and Chairman, in his personal capacity (“Mr. Li”, and together with the Company, the “Allied Parties”) entered into a binding Term Sheet for Global Resolution (the “Term Sheet”) with Knighted Pastures, LLC (“Knighted”) and Roy Choi, in his personal capacity (“Mr. Choi”, and together with Knighted, the “Knighted Parties”).

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Source: SEC EDGAR
accession 0001171843-26-002591

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.