Knighted Pastures LLC Forms Group, Amends Allied Gaming Stake

TL;DR

**Knighted Pastures LLC is now part of a group holding Allied Gaming shares, signaling potential coordinated action.**

AI Summary

Knighted Pastures LLC, led by Roy Choi, filed an amended Schedule 13D/A on February 6, 2024, indicating a change in their beneficial ownership of Allied Gaming & Entertainment Inc. common stock. This amendment, dated January 31, 2024, signifies that Knighted Pastures LLC is now part of a group, as indicated by the checked box on the filing. This matters to investors because it suggests a coordinated effort by a group of shareholders, potentially signaling a more active role in the company's governance or strategic direction, which could influence future stock performance.

Why It Matters

This filing indicates a shift in the ownership structure of Allied Gaming & Entertainment Inc., with Knighted Pastures LLC now acting as part of a group, which could lead to increased shareholder activism or influence over company decisions.

Risk Assessment

Risk Level: medium — The formation of a group by a significant shareholder can introduce uncertainty regarding future corporate actions or potential proxy contests, increasing risk for current investors.

Analyst Insight

Investors should monitor future filings from Knighted Pastures LLC and other potential group members for further details on their intentions and consider the implications of a potentially more active shareholder group on Allied Gaming & Entertainment Inc.'s strategic direction.

Key Players & Entities

• Knighted Pastures LLC (company) — reporting person and beneficial owner of Allied Gaming & Entertainment Inc. stock
• Allied Gaming & Entertainment Inc. (company) — the issuer of the common stock
• Roy Choi (person) — contact person for Knighted Pastures LLC
• $0.0001 (dollar_amount) — par value per share of Allied Gaming & Entertainment Inc. common stock

Forward-Looking Statements

• Knighted Pastures LLC and its group may seek to influence the management or policies of Allied Gaming & Entertainment Inc. (Allied Gaming & Entertainment Inc.) — medium confidence, target: Within the next 6-12 months

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
• $11.50 — 0 warrants to purchase Common Shares at $11.50 per share (2) Percentage calculated b
• $0.9793 — 18, 2024 at a weighted average price of $0.9793 per share. Knighted Pastures LLC acqu
• $1.0992 — 19, 2024 at a weighted average price of $1.0992 per share. Knighted Pastures LLC acqu
• $1.132 — 22, 2024 at a weighted average price of $1.132 per share. These shares were purchased
• $1.06 — ple transactions at prices ranging from $1.06 to $1.17, inclusive. Knighted Pasture
• $1 — actions at prices ranging from $1.06 to $1.17, inclusive. Knighted Pastures LLC
• $1.32 — 23, 2024 at a weighted average price of $1.32 per share. These shares were purchased
• $1.18 — ple transactions at prices ranging from $1.18 to $1.37, inclusive. Knighted Pasture
• $1.2628 — 31, 2024 at a weighted average price of $1.2628 per share. These shares were purchased
• $1.10 — ple transactions at prices ranging from $1.10 to $1.30, inclusive. Knighted Pasture
• $1.2839 — 1, 2024 at a weighted average price of $1.2839 per share. These shares were purchased
• $1.17 — ple transactions at prices ranging from $1.17 to $1.30, inclusive. CUSIP No. 019170

Filing Documents

• formsc13da.htm (SC 13D/A) — 77KB
• 0001493152-24-005106.txt ( ) — 79KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 6, 2024 /s/ Roy Choi Roy Choi Dated: February 6, 2024 Knighted Pastures LLC /s/ Roy Choi Name: Roy Choi Title: Manager

View Full Filing

View this SC 13D/A filing on SEC EDGAR