SCHEDULE: Kansas City Foundations Adjust Allied Gaming Stake

Greater Kansas City Community Foundation and Greater Horizons amend their Schedule 13G, clarifying beneficial ownership of 8.4% in Allied Gaming & Entertainment Inc. after a gift and subsequent sale.

Summary

• Greater Kansas City Community Foundation and Greater Horizons (Reporting Persons) filed an Amendment No. 1 to their Schedule 13G for Allied Gaming & Entertainment Inc.
• The Reporting Persons beneficially own 3,200,000 shares of Common Stock, representing 8.4% of the class.
• This ownership includes shared voting and dispositive power over all 3,200,000 shares.
• The filing corrects a previous error, clarifying that 600,000 shares were sold on September 12, 2025, not 3,800,000 shares as initially misreported.
• The initial acquisition was a gift of 3,800,000 shares on August 29, 2025, which represented 9.99% of the outstanding Common Stock at that time.
• The ownership percentage is based on 38,018,882 shares of Common Stock outstanding as of August 12, 2025, as reported by the Issuer in a Form 10-Q filed on August 14, 2025.
• The Reporting Persons are nonprofit corporations organized under Missouri law and certify that the securities are not held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual report of beneficial ownership and an amendment to correct a previous disclosure, providing neutral information without indicating positive or negative operational performance or strategic shifts for the issuer.

Positives

• The Reporting Persons, Greater Kansas City Community Foundation and Greater Horizons, hold a significant 8.4% stake, indicating institutional interest in Allied Gaming & Entertainment Inc.
• The initial acquisition of 3,800,000 shares was a gift, suggesting a donor's confidence or philanthropic intent related to the company's stock.

Negatives

• Greater Horizons sold 600,000 shares in open market transactions on September 12, 2025, reducing their overall beneficial ownership from 9.99% to 8.4%.

Risks

• No specific risks related to Allied Gaming & Entertainment Inc. are detailed in this beneficial ownership report. The filing primarily addresses the reporting persons' ownership and intent.

Future Outlook

No forward-looking statements or guidance from Allied Gaming & Entertainment Inc. are provided in this beneficial ownership report.

Industry Context

This filing is a routine beneficial ownership report and does not provide specific industry context or analysis related to broader industry trends or competitors for Allied Gaming & Entertainment Inc.

Stakeholder Impact

• Shareholders: The clarification of beneficial ownership provides transparency regarding a significant institutional holder's stake. The sale of 600,000 shares represents a minor reduction in institutional holding.
• Company Management: Awareness of a significant passive institutional holder (8.4%) who is not seeking to influence control.

Key Dates

Keywords

Allied Gaming & Entertainment Inc., AGAE, Greater Kansas City Community Foundation, Greater Horizons, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Gaming, Entertainment