Allied Esports rebrands as Allied Gaming & Entertainment, concludes strategic review, appoints subsidiary CEO
Allied Gaming & Entertainment Inc.
- Name change to Allied Gaming & Entertainment Inc., new Nasdaq ticker AGAE effective Dec 1, 2022; warrants trade as AGAEW on OTC Pink.
- Strategic review concluded; company will not pursue a single business combination, instead restructure esports and expand into broader entertainment/gaming.
- Robert Proctor appointed CEO of wholly-owned subsidiary Allied Esports International to lead restructuring.
- Plans include leveraging HyperX Arena Las Vegas and Allied Esports Trucks, creating live/virtual content, exploring mobile gaming and LBE.