Announcement • May 24
All In FutureTech Alliance Inc. (NasdaqCM:AGAE) signed definitive agreement to acquire 57.7% stake in HyalRoute Communication Group Limited for $2.3 billion. All In FutureTech Alliance Inc. (NasdaqCM:AGAE) signed definitive agreement to acquire 57.7% stake in HyalRoute Communication Group Limited for $2.3 billion on May 22, 2026. The consideration consists of common equity of All In FutureTech Alliance Inc. having a value of $2.31 billion to be issued for common equity of HyalRoute Communication Group Limited.
For the period ending December 31, 2025, HyalRoute Communication Group Limited reported total revenue of $219 million and net income of $108.5 million. Announcement • May 23
All In FutureTech Alliance, Inc. Announces Receipt of Deficiency Letter from Nasdaq On May 19, 2026, All In FutureTech Alliance Inc. (formerly known as Allied Gaming & Entertainment Inc., the Company) received a deficiency letter (the Letter) from the Listing Qualifications Department (the Staff) of the Nasdaq Stock Market (Nasdaq) notifying the Company that it is not in compliance with the periodic requirements for continued listing set in Nasdaq Listing Rule 5250(c)(1) because the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the Form 10-Q) was not filed with the Securities and Exchange Commission by the required due date of May 15, 2026, and because the Company remains delinquent in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The Letter provides that the failure to timely file the Form 10-Q serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market. This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company's common stock. The Company is working diligently to regain compliance with Nasdaq's listing rules. Announcement • May 12
Allied Gaming & Entertainment Receives Nasdaq Staff Determination Regarding the Situation That the Stock Price Is Below $1.00 and Intends to Request Hearing Before Independent Panel and Take Relevant Measures to Ensure Compliance with Stock Trading Requirements Allied Gaming & Entertainment Inc. announced that on May 6, 2026, it received a notice from the staff of The Nasdaq Stock Market, the contents of which were disclosed in the Company’s Form 8-K filed on May 11, 2026. The Company will request a hearing before an independent Hearings Panel by May 13, 2026 regarding the Staff’s determination, and the Company will take relevant measures, including a reverse stock split and other relevant measures to naturally raise the stock price back above $1.00, in order to maintain the Company’s listing status. A request for a hearing regarding a delinquent filing will stay the suspension of the Common Stock for a period of 15 days from the date of the request. During this period, the Common Stock will continue to be listed and traded on Nasdaq under the ticker symbol “AGAE.” The Company intends to also request an extended stay of the suspension, pending the hearing. A Panel will review the request for an extended stay and notify the Company of its conclusion as soon as is practicable. The hearing process provides the Company with an opportunity to present a comprehensive plan to restore compliance with all applicable listing standards. The Staff Determination was issued pursuant to Nasdaq Listing Rule 5810(c)(3)(A) on the grounds that the Company has not regained compliance with Nasdaq Listing Rule 5550(a)(2) and the Notice also indicated that the Company has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2025. James Li stated “that the foregoing reflects the requirements of The Nasdaq Stock Market, and that the Company’s management is confident and will take proactive measures to ensure that the Company regains compliance with Nasdaq’s stock price requirements in the near future”. Mr. Li further stated “that the Company is also taking relevant measures to eliminate relevant or potential risks that may affect the Company’s future development and strategic transformation”. The Company will provide further disclosure regarding its hearing date, compliance plan, and any related corporate actions as appropriate. Stockholders are encouraged to monitor the Company’s filings for updates.