Knighted Pastures LLC Amends Allied Gaming Filing

TL;DR

Knighted Pastures LLC updated its 13D filing for $AGAE. Watch for new ownership details.

AI Summary

Knighted Pastures LLC has filed an amendment (Amendment No. 12) to its Schedule 13D for Allied Gaming & Entertainment Inc. as of October 1, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. The company was formerly known as Allied Esports Entertainment, Inc. and Black Ridge Acquisition Corp.

Why It Matters

This filing signals a potential shift in control or significant stake changes for Allied Gaming & Entertainment Inc., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or reflect substantial investor activity, introducing potential volatility.

Key Players & Entities

• Knighted Pastures LLC (company) — Filing entity
• Allied Gaming & Entertainment Inc. (company) — Subject company
• Allied Esports Entertainment, Inc. (company) — Former company name
• Black Ridge Acquisition Corp. (company) — Former company name

FAQ

Key Financial Figures

• $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
• $11.50 — chase 190,000 shares of Common Stock at $11.50 per share held by Knighted Pastures, LL

Filing Documents

• sc13da1214248002_09272024.htm (SC 13D/A) — 67KB
• 0000921895-24-002200.txt ( ) — 69KB

Purpose of Transaction

Item 4. Purpose of Transaction

is hereby amended to

Item 4 is hereby amended to add the following: On September 27, 2024, the Reporting Persons delivered a letter (the “Letter”) to the Issuer, which among other things, called upon the Issuer to promptly schedule and announce the date for the Issuer’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”). In the Letter, the Reporting Persons expressed that they are deeply troubled by the Issuer’s apparent entrenchment tactic of refusing to hold the 2024 Annual Meeting on a timely basis. The Reporting Persons also conveyed their belief that the Issuer’s unwarranted delay of the 2024 Annual Meeting, for which a date has yet to be announced and where more than fourteen (14) months have passed since the 2023 annual meeting of stockholders, is a clear attempt to disenfranchise stockholders. In the Letter, the Reporting Persons advised that if the Issuer fails to schedule the 2024 Annual Meeting to be held not later than December 5, 2024, and to publicly announce the date of such meeting by the close of business on October 4, 2024, the Reporting Persons may be compelled to take action and pursue all remedies, including without limitation petitioning the Delaware Court of Chancery to compel the Issuer to hold its 2024 Annual Meeting pursuant to Section 211(c) of the Delaware General Corporation Law.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer. The following paragraphs of

of the Schedule 13D are hereby amended and restated as follows

Item 5 of the Schedule 13D are hereby amended and restated as follows: (a) – (b) The information requested by these paragraphs is incorporated herein by reference to the cover page to this Amendment No. 12 to Schedule 13D. (c) The Reporting Persons have not effected any transactions in the shares of Common Stock during the past 60 days.

Contracts, Arrangement, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangement, Understandings or Relationships with Respect to Securities of the Issuer.

is hereby amended to

Item 6 is hereby amended to add the following: On August 9, 2024, warrants to purchase 190,000 shares of Common Stock at $11.50 per share held by Knighted Pastures, LLC expired worthless pursuant to their terms. 4 CUSIP No. 019170109

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: October 1, 2024 /s/ Roy Choi Roy Choi Dated: October 1, 2024 Knighted Pastures, LLC /s/ Roy Choi Name: Roy Choi Title: Manager 5

View Full Filing

View this SC 13D/A filing on SEC EDGAR