Hall of Fame Resort & Entertainment Company - HOFV STOCK NEWS

Tim Brown, 2015 Pro Football Hall of Fame Enshrinee and 1987 Heisman Trophy winner, along with Hall of Fame Resort & Entertainment Company (HOFV) and Elite Holdings, announced a new documentary titled The Nine. This film will profile H2H athletes who have both won a Heisman Trophy and been enshrined into the Pro Football Hall of Fame, featuring legends like Marcus Allen and Barry Sanders. Production starts in spring 2022, aligning with HOFV's mission to honor greatness through storytelling.

Hall of Fame Resort & Entertainment Company (HOFV, HOFVW) has partnered with Tupelo Honey to produce an unscripted series titled INSPIRED: Heroes of Change. This series will spotlight the philanthropic efforts of current and former professional football players. Michael Crawford, HOFV's CEO, expressed enthusiasm for the partnership, highlighting the mutual benefits for shareholders and sports fans. The collaboration aims to leverage HOFV's connections in professional football and Tupelo Honey's production expertise, potentially enhancing content quality and audience engagement.

Hall of Fame Resort & Entertainment Company (HOFV) has announced that it has partnered with Tickets.com as its official digital ticketing provider for live events at Hall of Fame Village. This collaboration aims to enhance the customer experience through mobile ticketing technology and improved event management. The ProVenue® platform will facilitate ticket purchases for various live events in 2021, including the Pro Football Hall of Fame Enshrinement Weekend and other festivals. The partnership is designed to promote convenience, safety, and a streamlined event experience for attendees.

Hall of Fame Resort & Entertainment Company (HOFV, HOFVW) has partnered with StakeKings to launch the Hall Of Fantasy League (HOFL), the first community-backed national fantasy league combining financial staking with fantasy sports. This innovative platform allows fans to partially stake regional teams, gaining access to exclusive content and the chance to share in winnings. The inaugural draft is set for summer 2021, coinciding with the NFL season. This partnership aims to enhance user engagement and create unique entertainment experiences through original content.

Hall of Fame Resort & Entertainment Company (HOFV) announced the closing of an additional sale of 2,678,571 shares at $1.39 each, generating approximately $3.72 million in gross proceeds. This sale follows the public offering that closed on November 18, 2020, bringing total gross proceeds to around $28.75 million. Maxim Group LLC managed the offering, conducted under SEC registration statements. This press release clarifies that this communication does not constitute an offer for the sale of securities in jurisdictions where such offers would be unlawful.

Hall of Fame Resort & Entertainment Company (HOFV) has launched "Hall Of Trivia," a live weekly trivia show focusing on football and fantasy sports, available on the HQ Trivia app. The show airs every Thursday at 8 p.m. EST, hosted by Jeff Eisenband, featuring NFL legends and offering a cash prize of $2,500, with a special Thanksgiving edition featuring $10,000. The initiative aims to enhance the Hall Of Fantasy League brand while engaging fans through interactive trivia and a season-long fantasy contest, set to coincide with the 2021 NFL season.

Hall of Fame Resort & Entertainment Company (HOFV) announced a multi-year partnership with Republic Services of Ohio to enhance waste and recycling management at the Hall of Fame Village. Republic will serve as HOFV's preferred waste partner, implementing a recycling education program to promote sustainability among the estimated millions of annual visitors. As construction progresses, HOFV aims to create thousands of jobs through Phase II and III of the project, which is expected to significantly boost the region's economy.

Hall of Fame Resort & Entertainment Company (HOFV) announced the granting of restricted stock units (RSUs) to two newly appointed executives. Olivia Steier received 66,460 RSUs for her role as EVP Content Development/Distribution, and Scott Langerman was granted 131,694 RSUs as EVP Media Business Development. These inducement awards align with their employment offers and are set to vest in three increments over three years. The grants are not part of the Company’s 2020 Omnibus Incentive Plan but follow similar terms and conditions.

Hall of Fame Resort & Entertainment Company (HOFV) has successfully closed a public offering of 17,857,142 units at $1.40 per unit, generating approximately $25.0 million in gross proceeds before expenses. Each unit includes one share of common stock and one warrant. Additionally, Maxim Group LLC has a 45-day option to acquire up to 2,678,571 more shares or warrants, which has been exercised for warrants. This offering is registered with the SEC and will provide capital for the company's ongoing initiatives.