Hall of Fame Resort & Entertainment Company Warrant - HOFVW STOCK NEWS

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) partners with ReachTV to create two original sports entertainment programs, 'Hometown Heroes' and 'The Business of Athletes.' 'Hometown Heroes' will showcase Hall of Fame athletes in their sports towns, while 'The Business of Athletes' will focus on athletes starting businesses. The collaboration leverages ReachTV's distribution network and Hall of Fame Village Media's storytelling expertise.

Hall of Fame Village, a division of Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW), announced the KIDZ BOP Never Stop Live Tour will take place on July 25, 2023, at Tom Benson Hall of Fame Stadium in Canton, Ohio. Tickets go on sale on April 21, 2023, at 10 am ET through hofvillage.com. This family-friendly concert will feature four new KIDZ BOP Kids performing popular songs, including tracks from the KIDZ BOP 2023 album. VIP packages are available, providing exclusive experiences. The event aligns with Hall of Fame Village's commitment to diverse entertainment offerings. KIDZ BOP, known for its kid-friendly music, has sold over 23 million albums globally.

Hall of Fame Village Media, a division of Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW), announced a new partnership with Brinx.TV to produce a show titled "John Brenkus Presents: The GOAT Code," set to debut in August 2023. Hosted by six-time Emmy winner John Brenkus, the series aims to explore the scientific factors behind the performance of legendary football players. Brenkus expressed excitement about analyzing the intangible qualities that contribute to athletes' greatness. Olivia Steier, EVP of Hall of Fame Village Media, highlighted the show's unique ability to illustrate Hall of Famers' legacies in ways never seen before. The collaboration is part of Hall of Fame Village Media's broader objective to create impactful content.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) reported its fourth quarter and fiscal year results for the period ending December 31, 2022. Fourth quarter revenue rose 2% to $3.1 million, while annual revenue surged 48% to $16.0 million, driven by event and hotel revenues. However, the company faced a net loss of $18.5 million in Q4, a significant drop from a net income of $9.3 million in the previous year, largely due to changes in warrant liability valuation. The full-year net loss was $46.9 million, an improvement from $92.8 million in 2021. Notably, the company ended the year with a cash balance of $50.5 million, up from $32.6 million.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced it will release its fourth quarter fiscal 2022 results on March 27, 2023, after Nasdaq trading closes. The company operates a unique resort and entertainment destination centered around professional football. A conference call will follow on March 28, 2023, at 8:30 a.m. ET, featuring President and CEO Michael Crawford and CFO Benjamin Lee to discuss the results. Investors can access the call via the company's website. More information about the company can be found at www.hofreco.com.