# EDGAR Filing Document

**Accession Number:** 0001708341
**File Stem:** 0000921895-25-002523
**Filing Date:** 2025-9
**Character Count:** 14842
**Document Hash:** f5e1d1a4f9a1bb1b7bd3bd3afe3d5c31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000921895-25-002523.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0000921895-25-002523

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250902

**DATE AS OF CHANGE**: 20250902

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Allied Gaming & Entertainment Inc.
- **CENTRAL INDEX KEY:** 0001708341
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 821659427
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90269
- **FILM NUMBER:** 251287487

**BUSINESS ADDRESS:**
- **STREET 1:** 745 FIFTH AVENUE
- **STREET 2:** SUITE 500
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10151
- **BUSINESS PHONE:** (646) 768-4240

**MAIL ADDRESS:**
- **STREET 1:** 745 FIFTH AVENUE
- **STREET 2:** SUITE 500
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10151

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Allied Esports Entertainment, Inc.
- **DATE OF NAME CHANGE:** 20190815

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Black Ridge Acquisition Corp.
- **DATE OF NAME CHANGE:** 20170602
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Knighted Pastures LLC
- **CENTRAL INDEX KEY:** 0001811775

**ORGANIZATION NAME:**
- **EIN:** 472672342
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1933 S. BROADWAY
- **STREET 2:** SUITE 746
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90007
- **BUSINESS PHONE:** 213-222-8589

**MAIL ADDRESS:**
- **STREET 1:** 1933 S. BROADWAY
- **STREET 2:** SUITE 746
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90007

## Ex-1

Exhibit 1

**<u>Transactions in the Securities of the Issuer During the Past 60 Days</u>**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;<u>Nature of the Transaction</u> | &nbsp;&nbsp; Securities<br> <u>Donated</u> | &nbsp;&nbsp; Price Per<br> <u>Security($)</u> | &nbsp;&nbsp; Date of<br> <u>Donation</u> |

---

**<u>Knighted Pastures, LLC</u>**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/28/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;3800000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;701648 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;645000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;579622 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;450000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;30000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;30000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;30000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;550000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;30000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;160000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;300000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |

---

**<u>Roy Choi</u>**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;668848 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;200000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;150000 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |
| &nbsp;&nbsp;Donation of Common Stock | &nbsp;&nbsp;161305 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;08/29/2025 |

---

## Exhibit 99.1

Exhibit 99.1

<u>KNIGHTED PASTURES TERMINATES PROXY CONTEST AT ALLIED GAMING</u> 

LOS ANGELES, CALIFORNIA (August 28, 2025) – Knighted Pastures, LLC ("Knighted Pastures") announced today that it had notified Allied Gaming & Entertainment Inc. ("Allied Gaming") (NASDAQ: AGAE) that it was withdrawing its nominations of six candidates for election to the Board of Allied Gaming and for related Board changes. In August 2025, the United States District Court for the Central District of California entered a preliminary injunction order preventing changes to the composition of Allied Gaming's Board, including a vote on directors for six board seats, based on Allied Gaming's claim that Knighted Pastures was part of an undisclosed "group" with other shareholders. The Court Order delays the completion of the director vote while the case is pending.

Roy Choi, the Managing Member of Knighted Pastures, announced, "The Court's ruling has left us with no alternative but to abandon the proxy contest at Allied Gaming. While we strongly deny the allegations made by Allied Gaming and have appealed the District Court Order, the cost of fighting the Company's lawsuit and the accompanying delay in holding a shareholder vote make continuing with the proxy contest untenable. Unfortunately, Allied Gaming's cynical tactic of suing me and others close to me has made it too costly to continue this proxy contest. Knighted Pastures is taking a step back from its investment and has donated its shares to multiple charities."

Mr. Choi added, "By standing up for shareholders through two successful lawsuits, I believe that Knighted Pastures helped preserve shareholder value, twice stopping Allied Gaming in Delaware Chancery Court from executing share issuances on unfair terms prejudicing shareholders. We have gone to great lengths to create meaningful change and unlock value for all shareholders. At this point, we have reached our limit and will no longer pursue further challenges to the Allied Gaming Board of Directors. We wish the Company and its shareholders success in the future."

Contact Information:

info@knighted.com

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 18)**

**Allied Gaming & Entertainment Inc.**

*(Name of Issuer)*

**Common Stock, par value $0.0001 per share**

*(Title of Class of Securities)*

**019170109**

*(CUSIP Number)*

**ROY CHOI**<br>KNIGHTED PASTURES, LLC<br>1933 S. Broadway Suite 1146<br>Los Angeles CA 90007<br>213-222-8589

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/28/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **019170109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Knighted Pastures LLC** | Name of reporting person<br>**Knighted Pastures LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**—** | Source of funds (See Instructions)<br>**—** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**CALIFORNIA** | Citizenship or place of organization<br>**CALIFORNIA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**0.00** | Aggregate amount beneficially owned by each reporting person<br>**0.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **019170109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Choi Roy** | Name of reporting person<br>**Choi Roy** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1900000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1900000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1900000.00** | Aggregate amount beneficially owned by each reporting person<br>**1900000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**4.99%** | Percent of class represented by amount in Row (11)<br>**4.99%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.0001 per share

**(b) Name of Issuer:**
Allied Gaming & Entertainment Inc.

**(c) Address of Issuer's Principal Executive Offices:**
745 FIFTH AVENUE, SUITE 500, NEW YORK, NY, 10151

The following constitutes Amendment No. 18 to the Schedule 13D filed by the undersigned ("Amendment No. 18"). This Amendment No. 18 amends the Schedule 13D as specifically set forth herein.

**Item 4. Purpose of Transaction**

Item 4 is hereby amended to add the following:

On August 28, 2025, Knighted issued a press release announcing that it had terminated its proxy contest at the Issuer and had withdrawn its nominations of six candidates for election to the Board and its business proposal. In the press release, Knighted addressed the preliminary injunction order entered by the United States District Court for the Central District of California in the previously disclosed lawsuit filed by the Issuer. The Reporting Persons stated that, while they strongly deny the allegations made by the Issuer and have appealed the District Court Order, the cost of fighting the Issuer's lawsuit and the accompanying delay in holding a stockholder vote made continuing with the proxy contest untenable.  The Reporting Persons further disclosed that they are taking a step back from their investment in the Issuer and are in the process of donating their Shares to multiple charitable organizations.

In the press release, the Reporting Persons also highlighted that they had helped preserve shareholder value, twice stopping the Issuer in Delaware Chancery Court from executing share issuances on unfair terms prejudicing stockholders, but will no longer pursue further challenges to the Board. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5(a) is hereby amended and restated to read as follows:

The aggregate percentage of Shares reported owned by each person named herein is based upon 38,018,882 Shares outstanding as of August 12, 2025, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 14, 2025.

As of the date hereof, Knighted does not own any Shares.

As of the date hereof, Mr. Choi directly beneficially owns 1,900,000 Shares, constituting approximately 4.99% of the Shares outstanding.

**(b)**
—

**(c)**
Item 5(c) is hereby amended and restated to read as follows:

The donations made by the Reporting Persons during the past 60 days are set forth in Exhibit 1 and are incorporated herein by reference. There have been no other transactions in the securities of the Issuer by the Reporting Persons.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 is hereby amended to add the following:

In connection with the Reporting Persons' charitable donations, and at their request, certain recipient organizations indicated that they would limit such charitable organization's sales of the donated Shares for certain time periods, subject to market conditions and the recipient's fiduciary obligations, in an effort to preserve the value of the Issuer's stock. Mr. Choi intends to dispose of the remainder of his Shares by a charitable gift subject to the same request.

### SIGNATURE

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.

**Reporting Person:** Knighted Pastures LLC

**Signature:** /s/ Roy Choi

**Name/Title:** Roy Choi, Manager

**Date:** 09/02/2025

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.

**Reporting Person:** Choi Roy

**Signature:** /s/ Roy Choi

**Name/Title:** Roy Choi

**Date:** 09/02/2025