Allied Gaming amends bylaws to raise amendment threshold, add exclusive forum

On January 5, 2024, the Board of Directors (the “Board”) of Allied Gaming & Entertainment, Inc. (the “Company”) approved and adopted amendments to the Bylaws of the Company (the “Amended Bylaws”) to, among other things: ● revise the advance notice provision to require stockholders to provide additional information about stockholder proposals and nominees for directors, including ownership requirements, conflicts of interest, and qualification, at both the annual and special meetings of stockholders; ● revise the provisions governing the right of stockholders to request the books and records of the Company to align with Delaware law requirements; ● increase the voting threshold for stockholder amendment of the bylaws to two-thirds (2/3) of outstanding shares; and ● add an exclusive forum provision for adjudication of claims under the Securities Act of 1933, as amended, in Delaware courts.