Ourgame International Holdings (HKG:6899) escalated its dispute with Nasdaq-listed subsidiary Allied Gaming & Entertainment, sending multiple legal letters demanding board changes and cancellation of the Blue Planet subscription.
However, it has yet to receive a response. The company warns it may initiate legal proceedings to protect its shareholder rights, according to a Tuesday bourse filing.
Trading in Ourgame's shares has been suspended since March 28, 2024, pending resolution of compliance issues and fulfillment of resumption conditions.
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