Hall of Fame Resort & Entertainment Company - HOFV STOCK NEWS

Hall of Fame Resort & Entertainment Company (HOFV, HOFVW) has extended its partnership with PepsiCo as the non-alcoholic beverage provider for Hall of Fame Village. This agreement ensures the continued availability of Pepsi products, including Gatorade and Aquafina, at various venue locations. The partnership supports upcoming events such as the Women’s Football Alliance Championship and the Hall of Fame Game. Erica Muhleman emphasized the importance of this collaboration as HOFV expands its brand portfolio in the growing sports and entertainment sectors.

Hall of Fame Resort & Entertainment Company (HOFV, HOFVW) has announced the unveiling of the Hall Of Fantasy League (HOFL), a national fantasy league featuring 10 regional franchises, including the Atlanta Hot Wings and the Boston Barflies. Unlike traditional leagues, HOFL allows fans to stake financial contributions to become team stakeholders and share in winnings. The league aims to create a community experience for fantasy players, supported by a dedicated front office of fantasy experts. The HOFL will launch its mobile app and NFT offerings, with the inaugural draft expected in the summer of 2021.

Hall of Fame Resort & Entertainment Company (HOFV) has entered a partnership with Dolphin Entertainment (DLPN) to offer NFTs aimed at professional football fans. This collaboration will leverage HOFV's media division to generate revenue through exclusive content sales. The initial NFT offering will relate to the Heisman 2 Hall platform, showcasing the popularity of NFTs in the digital media market. HOFV’s CEO emphasized the company’s strategic initiatives and partnerships that enable such innovations in a growing market.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced its fiscal Q4 2020 results, revealing a revenue of $1.8 million, up 4%, with a net loss of $14.6 million. The company raised over $100 million in equity through the Gordon Pointe Merger and subsequent financing. Key developments include new media deals, a renovated hotel opening, and strategic partnerships. Looking forward, the Hall of Fantasy League is set to launch, with various events planned for 2021, including music festivals and football championships. The firm is optimistic about future growth amidst challenges.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) will release its fourth quarter fiscal 2020 results on March 10, 2021, post market close. A conference call is scheduled for March 11, 2021, at 8:30 a.m. ET, featuring commentary from Mike Crawford, CEO, and Jason Krom, CFO. Additionally, the company will present at the 2021 Maxim Group Emerging Growth Conference on March 18, 2021. Investors can access the live webcast and replays via the company's website.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has announced a multi-year partnership with the Women’s Football Alliance (WFA). Starting this year, the WFA will host its division championships at the Tom Benson Hall of Fame Stadium in Canton, Ohio, on July 23-24. The WFA, founded in 2009, is the leading women’s tackle football league globally, aiming to empower female athletes. HOFV’s President, Michael Crawford, expresses enthusiasm for inspiring future athletes and promoting gender equality in football.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has completed the sale of an additional 1,836,734 shares of common stock at $2.45 each, raising approximately $4.5 million. This transaction, resulting from the underwriters' over-allotment option, increases the total gross proceeds from the public offering to about $34.5 million. The offering was managed by Maxim Group LLC and was executed under the company's effective SEC registration statements. The funds raised are expected to support the company’s growth and development initiatives.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has successfully closed its upsized public offering of 12,244,897 shares at $2.45 per share, generating approximately $30 million in gross proceeds. Maxim Group LLC served as the sole book-running manager for this offering. Additionally, the Company has granted Maxim a 45-day option to purchase 1,836,734 more shares. The offering was executed under the Company's effective registration statements with the SEC.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced the pricing of an upsized public offering of 12,244,897 shares at $2.45 per share, aiming to raise approximately $30 million in gross proceeds. Maxim Group LLC is the sole book-running manager for the offering, which is expected to close around February 12, 2021. Additionally, a 45-day option for underwriters to purchase 1,836,734 additional shares at the offering price has been granted.