---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-070988"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2026-06-23T17:38:48+00:00"
generated_at: "2026-06-23T17:40:11.002930+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CEO James Li resigns; Weizhi Shao appointed CEO, Li Shanglong named Chairman

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-070988
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2026-06-23T17:38:48+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/0001213900-26-070988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/ea0295505-8k_allin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-070988
- JSON: https://secwatch.observer/filing/0001213900-26-070988.json
- Plain text: https://secwatch.observer/filing/0001213900-26-070988.txt

## Key facts
- Executive change
  Li Yangyang departed as Chief Executive Officer at Allied Gaming & Entertainment Inc..
  - Action: departure
  - Role: Chief Executive Officer
  source text: stepping down as the Company’s Chief Executive Officer and Chairman of the Board, effective June 17, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/0001213900-26-070988-index.htm
- Executive change
  Li Shanglong was appointed as Chairman of the Board at Allied Gaming & Entertainment Inc..
  - Action: appointment
  - Role: Chairman of the Board
  source text: Mr. Li Shanglong was appointed as Chairman of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/0001213900-26-070988-index.htm
- Executive change
  Li Shanglong was appointed as Director at Allied Gaming & Entertainment Inc..
  - Action: appointment
  - Role: Director
  source text: the Board appointed Mr. Li Shanglong to serve as director of the Company, effective as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/0001213900-26-070988-index.htm
- Executive change
  Weizhi (Eric) Shao was appointed as Chief Executive Officer at Allied Gaming & Entertainment Inc..
  - Action: appointment
  - Role: Chief Executive Officer
  source text: the Board appointed Mr. Weizhi (Eric) Shao to serve as Chief Executive Officer of the Company, effective as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/0001213900-26-070988-index.htm
- Executive change
  Li Yangyang departed as Chairman of the Board at Allied Gaming & Entertainment Inc..
  - Action: departure
  - Role: Chairman of the Board
  source text: stepping down as the Company’s Chief Executive Officer and Chairman of the Board, effective June 17, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390026070988/0001213900-26-070988-index.htm

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