ZombieMedia/Entertainment

What Happened to Allied Gaming & Entertainment?

Ticker: AGAESPAC Year: 2017Merger: 2021

Return

-97.1%

Current Price

$0.29

Peak Price

$12.11

Trust Size

$107M

Summary

Allied Gaming & Entertainment Inc. (AGAE) filed its S-1 registration in 2017 and completed its business combination in 2021. The company remains actively traded with 519 SEC filings on record.

What Happened

Allied Gaming & Entertainment Inc. entered the SPAC market in 2017 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.

The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2021.

SEC records show 519 total filings, including annual (10-K) and quarterly (10-Q) financial reports.

The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.

Timeline

2017-09-27

S-1 Registration Filed

2021-06-01

Merger Proxy Filed (DEFM14A)