---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-074978"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:27:01.131660+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Allied Esports dismisses auditor Marcum, engages ZH CPA; going concern and material weaknesses noted

## Summary
- Dismissed Marcum LLP as independent auditor; Audit Committee approved Nov 18, 2022.
- Marcum's reports for FY 2020-21 included a going concern explanatory paragraph; no adverse opinions.
- Marcum identified five material weaknesses in internal controls, including inadequate segregation of duties and IT controls.
- Engaged ZH CPA, LLC as new independent auditor for FY 2022, subject to client acceptance procedures.
- No disagreements with Marcum on accounting principles or audit scope; company provided letter from Marcum as Exhibit 16.1.

## SEC filing metadata
- accession: 0001213900-22-074978
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000121390022074978/0001213900-22-074978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000121390022074978/ea169204-8k_alliedesport.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-074978
- JSON: https://secwatch.observer/filing/0001213900-22-074978.json
- Plain text: https://secwatch.observer/filing/0001213900-22-074978.txt

## Key facts
- Auditor Changes
  Allied Gaming & Entertainment Inc. dismissed Marcum LLP as its auditor.
  - Action: dismissal
  - Auditor: Marcum LLP
  source text: On November 22, 2022, Allied Esports Entertainment, Inc. (the “Company”) dismissed Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm in connection with auditing the Company’s financial statements for fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390022074978/0001213900-22-074978-index.htm
- Auditor Changes
  Allied Gaming & Entertainment Inc. engaged ZH CPA, LLC as its auditor.
  - Action: engagement
  - Auditor: ZH CPA, LLC
  source text: On November 21, 2022, the Company’s Audit Committee approved the engagement of ZH CPA, LLC (“ZH”) as the Company’s new independent registered public accounting firm to audit the Company’s financial statements commencing fiscal year 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390022074978/0001213900-22-074978-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.