Hall of Fame Resort & Entertainment Company - HOFV STOCK NEWS

Hall of Fame Village powered by Johnson Controls announced the sale of tickets for the Women’s Football Alliance (WFA) Championship Weekend, set for July 9-10, 2022, at the Tom Benson Hall of Fame Stadium. Tickets are available starting May 31st at 10 a.m. ET through Ticketmaster, priced at $20 for adults and $10 for youths for single-day passes. The event highlights the company's commitment to promoting women's football and supporting female athletes. Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) continues to expand its entertainment portfolio as one of Ohio's largest ongoing construction projects.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has announced the release of two new NFT sets featuring NFL players Shane Vereen and Justin Forsett as part of the 'Playbooks' Collection. The NFTs are available on OpenSea, reinforcing the company’s commitment to innovative digital offerings. This expansion of its NFT portfolio aims to engage fans with unique collectibles that commemorate the players' careers. Future NFT drops will be announced via the company’s social media channels.

Hall of Fame Resort & Entertainment Company (HOFV, HOFVW) announced ticket sales for the USFL Playoff and Championship games at Tom Benson Hall of Fame Stadium in Canton, Ohio. The playoffs will occur on June 25, 2022, followed by the championship on July 3. Ticket prices range from $5 for youth general admission to $40 for reserved adult seating. The USFL has generated excitement since its launch in April, featuring eight teams and a 10-game season. This partnership enhances HOFV's visibility in the sports entertainment sector.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) reported first-quarter fiscal 2022 results, showing a revenue increase of 10% to $2.1 million, driven by hotel and event revenues. The net loss decreased to $8.1 million from $126.1 million year-over-year. However, the adjusted EBITDA loss rose to $6.9 million due to higher expenses. The company has a cash balance of $12.8 million and announced several strategic partnerships, debt restructuring of $38 million, and plans for sports betting licenses. The company aims to enhance guest experiences with new attractions and events.

Hall of Fame Village Media has partnered with coach Jimmy Johnson to create a new special titled Gone Fishin’. This one-hour show will feature fishing competitions with celebrity guests, aiming for a release before the 2023 Super Bowl. Filming will take place off the Florida Keys during summer. The initiative is part of HOFVM's broader content strategy, which aims to leverage Johnson's popularity. This partnership may enhance HOFV's brand presence and attract more viewers.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is attending the Sidoti Micro Cap Virtual Conference on May 11-12, 2022. Management will engage in one-on-one investor meetings during the event. The company focuses on leveraging professional football’s popularity, operating the Hall of Fame Village in Canton, Ohio, as a multi-use sports, entertainment, and media destination. Further details about the company can be accessed at www.HOFREco.com.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has secured a $4 million loan from Midwest Lender Fund, LLC and approved $3.2 million in PACE financing to advance its Hall of Fame Village project. The funds will assist in the construction of the Center for Performance, a 100,000-square-foot facility set to open in July 2022. This facility will host the NFL Alumni Academy and Ohio sports leagues, enhancing the company's prospects in media, gaming, and destination sectors.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) will announce its Q1 fiscal results for the period ended March 31, 2022, on May 10, 2022, post-market close. A conference call to discuss the results is scheduled for May 11, 2022, at 8:30 a.m. ET, featuring CEO Michael Crawford and CFO Benjamin Lee. Investors can access the live webcast on the company's investor relations website. The company focuses on leveraging professional football's popularity through its partnership with the Pro Football Hall of Fame and operates the Hall of Fame Village in Canton, Ohio.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has announced the Fatherhood Festival, scheduled for June 17-19, aimed at enhancing father-child relationships. This event will feature activities, guest appearances by Pro Football Hall of Famers, and a concert by country star Jordan Davis. Tickets go on sale on April 22 at 10 a.m. The festival, held at the Tom Benson Hall of Fame Stadium in Canton, Ohio, also includes technology integrations like NFTs for attendees, and aims to create a memorable bonding experience for families.