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

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced a lease signing with Build-A-Bear Workshop (NYSE: BBW) for a new store in the Fan Engagement Zone at Hall of Fame Village in Canton, Ohio. The store will cover 1,900 square feet and offer sports-themed merchandise, featuring licensed pro and college football brands. Set to open in summer 2022, this addition aims to enhance the family-friendly atmosphere of the Village, which is currently under construction and will include various entertainment offerings for football fans.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced the granting of restricted stock units (RSUs) to new executives as inducement awards. Benjamin Lee, the new CFO, received 612,369 RSUs; Rob Borm, Executive VP of Gaming, received 235,952 RSUs; and Holly Claus, Director of Live Events Sales, received 12,079 RSUs. The RSUs will vest in one-third increments over three years, contingent on continued service. These awards were made outside the Company’s Amended 2020 Omnibus Incentive Plan but share similar terms.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced a presentation by CEO Michael Crawford and CFO Ben Lee at the 2022 Maxim Virtual Growth Conference from March 28 to March 30, 2022. The presentation materials will be available on the company's website. Headquartered in Canton, Ohio, the company focuses on professional football-themed entertainment and owns the Hall of Fame Village, a multi-use destination linked to the Pro Football Hall of Fame.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) will host the 2022 Concert for Legends featuring the band Journey on August 6^th, 2022, at Tom Benson Hall of Fame Stadium in Canton, Ohio. Tickets go on sale April 1^st at 10 a.m. ET via HOFVillage.com and Ticketmaster.com. Ticket prices range from $59 to $225. This event is part of the Pro Football Hall of Fame Enshrinement Week, showcasing over 100 Hall of Famers.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) reported its fourth quarter fiscal 2021 results, showing a 71% increase in revenue to $3.0 million, primarily due to hotel and event revenue. However, the full year net loss increased to $93.1 million, impacted by a $48.1 million expense related to changes in fair value of warrant liability. The company finished the year with a cash balance of $17.4 million, down from $28.5 million at the end of the previous quarter. Key developments included new sponsorship deals and a partnership for sports betting operations.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced the appointment of Benjamin Lee as Chief Financial Officer, effective March 21, 2022. Lee brings over 20 years of experience, previously serving as CFO of Capital Markets and Debt Products at PNC Financial Services, where he generated over $1.2 billion in annual revenue. His leadership is anticipated to enhance fiscal planning and revenue opportunities at HOFV. CEO Michael Crawford expressed excitement about Lee's diverse experience and its potential to support the company's growth strategy.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has appointed experienced gaming executive Rob Borm to lead its gaming division, reflecting the company's commitment to capitalizing on the growing gaming market, particularly in Ohio following the legalization of sports betting. Borm, with over 21 years of experience, will oversee the strategic direction of the Hall of Fantasy League and enhance partnerships with Rush Street Interactive and Genesis Global Ltd. His leadership aims to drive shareholder value and expand revenue opportunities within the gaming sector.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is set to release its fourth quarter fiscal 2021 results on March 14, 2022, after market close. A conference call will follow on March 15, 2022, at 8:30 a.m. ET for business commentary. The company focuses on leveraging professional football's popularity alongside the Pro Football Hall of Fame, operating the Hall of Fame Village in Canton, Ohio. Interested parties can access a live webcast and subsequent replay via the company's investor relations website.

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announces it will host the United States Football League's (USFL) semifinals on June 25, 2022 and the championship on July 3, 2022 at the Tom Benson Hall of Fame Stadium in Canton, Ohio. This event marks a significant opportunity for HOFV to showcase its destination to a broader audience. Tickets will be available soon through HOFVillage.com and TheUSFL.com