8-K
filed June 23, 2026, 1:38 PM ET
ticker AGAE
CIK 0001708341
leadership
confidence high
sentiment neutral
materiality 0.75
CEO James Li resigns; Weizhi Shao appointed CEO, Li Shanglong named Chairman
Allied Gaming & Entertainment Inc.
- James Li stepped down as CEO and Chairman effective June 17, 2026, citing personal reasons; remains President and director.
- Weizhi (Eric) Shao appointed CEO; previously founder/CEO of Beauty Diary, a medical aesthetics livestream e-commerce company.
- Li Shanglong (Michael Li) appointed as Chairman; founding partner at Aivolution Venture, independent under Nasdaq rules.
- Li Shanglong receives $1 per annum for director and Chairman service; Shao's compensation is under negotiation pending shareholder approval.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Li Yangyang departed as Chief Executive Officer at Allied Gaming & Entertainment Inc..
- Action
- departure
- Role
- Chief Executive Officer
Exact text from the filing
stepping down as the Company’s Chief Executive Officer and Chairman of the Board, effective June 17, 2026
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Li Shanglong was appointed as Chairman of the Board at Allied Gaming & Entertainment Inc..
- Action
- appointment
- Role
- Chairman of the Board
Exact text from the filing
Mr. Li Shanglong was appointed as Chairman of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Li Shanglong was appointed as Director at Allied Gaming & Entertainment Inc..
- Action
- appointment
- Role
- Director
Exact text from the filing
the Board appointed Mr. Li Shanglong to serve as director of the Company, effective as of the Effective Date
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Weizhi (Eric) Shao was appointed as Chief Executive Officer at Allied Gaming & Entertainment Inc..
- Action
- appointment
- Role
- Chief Executive Officer
Exact text from the filing
the Board appointed Mr. Weizhi (Eric) Shao to serve as Chief Executive Officer of the Company, effective as of the Effective Date
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Li Yangyang departed as Chairman of the Board at Allied Gaming & Entertainment Inc..
- Action
- departure
- Role
- Chairman of the Board
Exact text from the filing
stepping down as the Company’s Chief Executive Officer and Chairman of the Board, effective June 17, 2026
View on SEC.gov
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