Allied Gaming Faces Nasdaq Compliance Setback

The company has been granted time to resolve listing rule issue amid missed 10-K filing deadline.

April 24, 2025

Compliance Notice Issued After Missed Filing Deadline

On April 17, Allied Gaming & Entertainment received a notice from Nasdaq: the company isn’t in compliance with the exchange’s listing standards. The issue? A delayed annual report filing for the 2024 fiscal year. The Form 10-K wasn’t submitted by the original March 31 deadline, or by the extended April 15 deadline following a Form 12b-25.

While this doesn’t immediately impact the company’s trading status, it does set a clear path forward—and a tight timeline. Nasdaq has given Allied Gaming 60 calendar days to submit a plan that explains how it will regain compliance. That puts the next major date on the calendar at June 16. If the company needs to submit a formal plan and Nasdaq accepts it, they could extend the window until October 13.

Next Steps and Public Response

In a press release issued April 23, Allied Gaming confirmed the notice and stated that it’s actively working to get back in line with Nasdaq’s requirements. According to the update, the company expects to file the overdue report before the 60-day mark. If a compliance plan is necessary, they’ll follow through.

In the meantime, the company’s stock remains listed on Nasdaq, and trading continues. But the clock is ticking. As deadlines approach, investors and stakeholders will be watching closely. For now, Allied Gaming’s next move is straightforward: get the filing in, or present a credible plan that shows exactly how and when that will happen.