4/A: Knighted Pastures LLC Corrects Form 4 Filing, Disclosing Purchase of 294,269 Shares of Allied Gaming & Entertainment Inc.
SEC Filing
Knighted Pastures LLC files an amended Form 4 to correct the number of shares purchased in Allied Gaming & Entertainment Inc., increasing the reported amount from 260,680 to 294,269 shares.
Summary
- Knighted Pastures LLC, a significant shareholder and represented by Roy Choi, filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from December 18, 2023, which incorrectly stated the number of shares purchased.
- The corrected filing reveals that Knighted Pastures LLC purchased 294,269 shares of Allied Gaming & Entertainment Inc. common stock on December 13, 2023, at a price of $1.2376 per share.
- Following the transaction, Knighted Pastures LLC beneficially owns 8,311,087 shares of Allied Gaming & Entertainment Inc.
Sentiment
Score: 6
Explanation: The document is a routine correction of a previous filing. It doesn't contain any particularly positive or negative information, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The correction provides accurate information to shareholders regarding the ownership stake of Knighted Pastures LLC.
Key Dates
| Date | Description |
|---|---|
| 12/13/2023 | Date of transaction: Knighted Pastures LLC purchased shares of Allied Gaming & Entertainment Inc. |
| 12/18/2023 | Original Form 4 filing date with incorrect share purchase information. |
| 05/23/2024 | Date of amended Form 4 filing. |
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