Material Event Form 8 K

Item 8.01 Other Events.

As previously disclosed on the Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on May 21, 2024, Allied Gaming & Entertainment Inc. (the "Company") received a deficiency letter from the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market ("Nasdaq") notifying the Company that, for the preceding 30 consecutive business days, the closing bid price for the Company's common stock, par value $0.0001 per share (the "Common Stock") was below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Requirement").

The notification received had no immediate effect on the Company's Nasdaq listing. In accordance with Nasdaq Rules, the Company was provided an initial period of 180 calendar days, or until November 11, 2024, to regain compliance with the Bid Price Requirement.

On July 11, 2024, the Company received a minimum bid price compliance letter from the Staff confirming the Company has regained compliance with Listing Rule 5550(a)(2), and that the matter is now closed.