AIFA: Primo claims Jason Lu lost authority over 11,986,523 shares; prior ownership disclosure questioned

Allied Gaming & Entertainment Inc.

Primo Letters (May 22 and Sept 2, 2026) claim Jason Lu was removed as Primo director May 19, 2026 and lost authority March 3, 2026 when Ourgame entered Cayman official liquidation.
Letters say the 10-K (filed May 22, 2026) and June 1 special-meeting proxy misstated Lu's shared voting/dispositive power over Primo's 11,986,523 shares (~31.3% of stock).
AIFA takes no position on the ownership dispute, cannot verify who holds voting power, and says disclosure relied on the Dec 11, 2024 joint Schedule 13D/A by Primo, Ourgame and Lu.
Company says the Relevant Shares are held through broker-dealers or other securities intermediaries and it will evaluate further information and its disclosure obligations.

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