AGAE to acquire 57.67% of HyalRoute for $2.307B in stock at $10.00/sh

Allied Gaming & Entertainment Inc.

Total consideration $2.3068B payable in ~230.7M AGAE shares at $10.00 reference price.
Acquisition includes rights to 43.55% from Rainman and 14.12% from minority shareholders.
HyalRoute owns 85,000 km pan-ASEAN fiber network; 2025 revenue $219M, net income $108.5M.
Third-party valuation of HyalRoute at $4.3B; deal values target at $4.0B.
Closing subject to shareholder approval, regulatory clearances, and HSR waiting period.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Allied Gaming & Entertainment Inc. entered into Debt-to-Equity Rights Purchase Agreement with Rainman Network Ltd. (formerly known as China Rainman Network Ltd.) valued at $1,742,000,000 (effective 2026-05-22).

Action: entry
Agreement: equity purchase
Counterparty: Rainman Network Ltd. (formerly known as China Rainman Network Ltd.)
Value: $1,742,000,000
Effective: 2026-05-22

Exact text from the filing

On May 22, 2026, All In FutureTech Alliance, Inc. (the “Company”) entered into a Debt-to-Equity Rights Purchase Agreement (the “Rights Purchase Agreement”) with Rainman Network Ltd.

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Allied Gaming & Entertainment Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-060783

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