Allied Gaming & Entertainment Reaffirms Confidence Amid Short-Selling Surge

Reuters
2025/12/05
Allied Gaming & Entertainment Reaffirms Confidence Amid Short-Selling Surge

Allied Gaming & Entertainment Inc. has issued a statement addressing recent elevated short-selling and speculative trading in its shares, which management says has led to a share price that does not reflect the company's asset base or intrinsic value. The company reaffirmed its financial strength, noting liquidity of over $53 million, and emphasized its strategic focus on expanding higher-margin experiential and live entertainment businesses, advancing digital initiatives, and pursuing selective investments. Allied also clarified that recent increases in operating expenses were due to exceptional, non-recurring costs from a shareholder control dispute, not operational weakness. Management urged shareholders to rely on official disclosures and focus on long-term value rather than short-term price movements, expressing confidence in the company's outlook and commitment to shareholder interests.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allied Gaming & Entertainment Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9597534-en) on December 05, 2025, and is solely responsible for the information contained therein.

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