Latest news with #AlliedGaming&Entertainment
Business Wire
29-05-2025
- Business
- Business Wire
Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the 'Company' or 'AGAE'), a global experiential entertainment company, today announced that on May 22, 2025, it 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 forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (the 'Form 10-Q') was not filed with the Securities and Exchange Commission by the required due date of May 15, 2025 (or May 20, 2025 following the Form 12b-25 filed by the Company on May 15, 2025) and because the Company remains delinquent in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the 'Form 10-K' and together with the Form 10-Q, the 'Delinquent Reports'). This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company's common stock. Under Nasdaq rules, the Company has until June 16, 2025, to submit a plan to regain compliance with the Nasdaq Listing Rules. The Company currently expects it will be able to file the Delinquent Reports prior to such deadline. In the event the Company needs to submit a plan of compliance, and Nasdaq accepts the Company's plan, Nasdaq may grant an exception of 180 calendar days from the due date of the initial delinquent filing of the Form 10-K, or until October 13, 2025, as instructed by the Letter, to regain compliance with the Nasdaq Listing Rules. However, there is no assurance that Nasdaq will accept the Company's plan to regain compliance. The Company is working diligently to regain compliance with Nasdaq's Listing Rules. About Allied Gaming & Entertainment Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) is a global experiential entertainment company focused on providing a growing world of gamers and concertgoers with unique experiences through renowned assets, products and services. For more information, visit Forward-Looking Statements This communication contains certain forward-looking statements under federal securities laws. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'should,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'intend' or 'continue,' the negative of such terms, or other comparable terminology. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those discussed in these forward-looking statements. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved.
Yahoo
29-05-2025
- Business
- Yahoo
Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report
NEW YORK, May 29, 2025--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the "Company" or "AGAE"), a global experiential entertainment company, today announced that on May 22, 2025, it 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 forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (the "Form 10-Q") was not filed with the Securities and Exchange Commission by the required due date of May 15, 2025 (or May 20, 2025 following the Form 12b-25 filed by the Company on May 15, 2025) and because the Company remains delinquent in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the "Form 10-K" and together with the Form 10-Q, the "Delinquent Reports"). This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company's common stock. Under Nasdaq rules, the Company has until June 16, 2025, to submit a plan to regain compliance with the Nasdaq Listing Rules. The Company currently expects it will be able to file the Delinquent Reports prior to such deadline. In the event the Company needs to submit a plan of compliance, and Nasdaq accepts the Company's plan, Nasdaq may grant an exception of 180 calendar days from the due date of the initial delinquent filing of the Form 10-K, or until October 13, 2025, as instructed by the Letter, to regain compliance with the Nasdaq Listing Rules. However, there is no assurance that Nasdaq will accept the Company's plan to regain compliance. The Company is working diligently to regain compliance with Nasdaq's Listing Rules. About Allied Gaming & Entertainment Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) is a global experiential entertainment company focused on providing a growing world of gamers and concertgoers with unique experiences through renowned assets, products and services. For more information, visit Forward-Looking Statements This communication contains certain forward-looking statements under federal securities laws. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "intend" or "continue," the negative of such terms, or other comparable terminology. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those discussed in these forward-looking statements. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. View source version on Contacts Investor Contact: Addo Investor Relationsir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-05-2025
- Business
- Yahoo
Spotlight On 3 Promising Penny Stocks With Market Caps Over $60M
As the U.S. stock market navigates mixed signals with the S&P 500 and Dow Jones aiming to extend their winning streaks, investors are keenly observing how broader economic factors like interest rates and tariffs might impact future growth. For those willing to explore beyond established giants, penny stocks—often representing smaller or newer companies—continue to hold relevance despite their somewhat outdated moniker. These stocks can offer surprising value when backed by strong financials, presenting a blend of potential value and growth that larger firms may overlook. Name Share Price Market Cap Financial Health Rating Safe Bulkers (NYSE:SB) $3.45 $361.71M ★★★★☆☆ Tuya (NYSE:TUYA) $2.39 $1.44B ★★★★★★ Perfect (NYSE:PERF) $1.86 $189.44M ★★★★★★ Smith Micro Software (NasdaqCM:SMSI) $1.05 $18.66M ★★★★☆☆ Kiora Pharmaceuticals (NasdaqCM:KPRX) $3.315 $9.95M ★★★★★★ Flexible Solutions International (NYSEAM:FSI) $3.65 $46.16M ★★★★★★ Imperial Petroleum (NasdaqCM:IMPP) $2.56 $77.65M ★★★★★★ BAB (OTCPK:BABB) $0.8294 $6.02M ★★★★★★ Lifetime Brands (NasdaqGS:LCUT) $3.594 $80.24M ★★★★★☆ CBAK Energy Technology (NasdaqCM:CBAT) $0.7957 $71.73M ★★★★★☆ Click here to see the full list of 748 stocks from our US Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Allied Gaming & Entertainment Inc., along with its subsidiaries, operates globally as a public esports and entertainment company with a market cap of $64.39 million. Operations: Allied Gaming & Entertainment Inc. does not report specific revenue segments. Market Cap: $64.39M Allied Gaming & Entertainment Inc., with a market cap of US$64.39 million, operates in the esports and entertainment sector but remains pre-revenue. The company has more cash than debt and a sufficient cash runway for over three years based on current free cash flow trends. However, it faces challenges with compliance as it received a Nasdaq deficiency letter due to delayed SEC filings, which could impact its listing status if not resolved by June 2025. Despite these hurdles, management's experience and efforts to regain compliance may provide some stability amidst its unprofitable status and increased debt-to-equity ratio over recent years. Jump into the full analysis health report here for a deeper understanding of Allied Gaming & Entertainment. Examine Allied Gaming & Entertainment's past performance report to understand how it has performed in prior years. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: The Beauty Health Company, along with its subsidiaries, engages in the design, development, manufacturing, marketing, and sale of aesthetic technologies and products across the Americas, Asia-Pacific, Europe, the Middle East, and Africa with a market cap of $143.63 million. Operations: The company's revenue is primarily generated from its Personal Products segment, totaling $334.29 million. Market Cap: $143.63M Beauty Health, with a market cap of US$143.63 million, has shown improvement by reducing its net loss from US$100.1 million to US$29.1 million over the past year, despite remaining unprofitable. The company's revenue for 2024 was US$334.29 million, down from the previous year, and it forecasts further declines in sales for 2025 to between US$270 million and US$300 million. Although its short-term assets cover liabilities comfortably, long-term liabilities remain uncovered by current assets. Leadership changes include Mr. Ronald Menezes becoming an executive officer as part of efforts to stabilize operations amidst ongoing volatility and high debt levels. Click to explore a detailed breakdown of our findings in Beauty Health's financial health report. Examine Beauty Health's earnings growth report to understand how analysts expect it to perform. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: GoodRx Holdings, Inc. operates by providing consumers in the United States with information and tools to compare prices and save on prescription drug purchases, with a market cap of approximately $1.80 billion. Operations: The company's revenue is primarily derived from its Healthcare Software segment, which generated $792.32 million. Market Cap: $1.8B GoodRx Holdings, with a market cap of US$1.80 billion, is actively leveraging digital innovation to enhance its prescription purchasing process. The recent launch of an e-commerce experience with Hy-Vee aims to streamline medication access and improve pharmacy efficiency. Financially, GoodRx reported 2024 revenue of US$792.32 million and transitioned to profitability with a net income of US$16.39 million from a previous loss. While short-term assets exceed liabilities significantly, interest coverage remains slightly below optimal levels at 2.9x EBIT coverage, despite satisfactory debt management and experienced leadership poised for strategic growth initiatives in the healthcare sector. Take a closer look at GoodRx Holdings' potential here in our financial health report. Learn about GoodRx Holdings' future growth trajectory here. Dive into all 748 of the US Penny Stocks we have identified here. Ready For A Different Approach? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:AGAE NasdaqCM:SKIN and NasdaqGS:GDRX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Business Wire
23-04-2025
- Business
- Business Wire
Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Annual Report
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the 'Company' or 'AGAE'), a global experiential entertainment company, today announced that on April 17, 2025, it 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 forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the 'Form 10-K') was not filed with the Securities and Exchange Commission by the required due date of March 31, 2025 (or April 15, 2025 following the Form 12b-25 filed by the Company on March 31, 2025). This Letter received from Nasdaq has no immediate effect on the listing or trading of the Company's common stock. Under Nasdaq rules, the Company now has until June 16, 2025, or 60 calendar days from the receipt of the Letter, to submit a plan to regain compliance with the Nasdaq Listing Rules. The Company currently expects it will be able to file the Form 10-K prior to such deadline. In the event the Company needs to submit a plan of compliance, and Nasdaq accepts the Company's plan, Nasdaq may grant an exception of 180 calendar days from the Form 10-K's due date, or until October 13, 2025, as instructed by the Letter, to regain compliance with the Nasdaq Listing Rules. However, there is no assurance that Nasdaq will accept the Company's plan to regain compliance. The Company is working diligently to regain compliance with Nasdaq's listing rules. This notification has no immediate effect on the listing or trading of the Company's common stock on Nasdaq. About Allied Gaming & Entertainment Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) is a global experiential entertainment company focused on providing a growing world of gamers and concertgoers with unique experiences through renowned assets, products and services. For more information, visit Forward Looking Statements This communication contains certain forward-looking statements under federal securities laws. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'should,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'intend' or 'continue,' the negative of such terms, or other comparable terminology. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those discussed in these forward-looking statements. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved.
