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_modificationDate | Datetime | 2024-10-25 12:42:41 AM |
_pageID | Integer | 7,932 |
_pageName | Page | Allied Gaming Secures $6.6m |
_pageTitle | String | News/Allied Gaming Secures $6.6m
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"News" values
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image | File | | |
image_alt | String | | |
tags | List of String, delimiter: , | | Allied Gaming |
targets | List of Page, delimiter: , | | |
date | Datetime | | 2024-10-25 12:09:41 AM |
author | Page | | Dante Uzel |
category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Business |
game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
content | Text | | Allied Gaming & Entertainment, Inc. (AGAE) has announced a strategic investment from Yellow River Global Capital, totaling $6.6m for 6,000,000 shares of common stock. Yellow River will also receive a warrant to purchase up to 6,000,000 additional shares at an exercise price of $1.80 per share over the next five years.
As part of the deal, Yellow River will appoint Mr. Zongmin (Philip) Ding to AGAE’s Board of Directors.Effective October 22, 2024, Mr. Zongmin (Philip) Ding has been appointed as a Class A Director on Allied Gaming & Entertainment, Inc.'s Board. Mr. Ding brings extensive experience, having served as a Director of Guangzhou Seagull Kitchen and Bath Products Co.
'''More:'''[[News/Team Vitality Partners with ALDI|Team Vitality Partners with ALDI]]
Yinghua Chen, CEO of AGAE, stated, “Yellow River’s investment will enhance our ability to identify growth opportunities in location-based entertainment and entertainment content IP, bolstering our growth potential as we expand the Allied ecosystem.” |
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source | Page | Business Wire |
url | String | https://www.businesswire.com/news/home/20241022895251/en/Allied-Gaming-Entertainment-Announces-Strategic-Investment-from-Yellow-River-Global-Capital |
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