Posted on 17278
Hall of Fame Resort & Entertainment Company (the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football and owner of the Hall of Fame Village powered by Johnson Controls (the “Destination”), today announced the closing of its previously announced underwritten upsized public offering of 12,244,897 shares of common stock at a price of $2.45 per share. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, were approximately $30.0 million.
Maxim Group LLC acted as the sole book-running manager in connection with the offering.
The Company also has granted to Maxim Group LLC a 45-day option to purchase up to an additional 1,836,734 shares of common stock, at the public offering price less discounts and commissions.
Posted on 8977
Hall of Fame Resort & Entertainment Company (the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football and owner of the Hall of Fame Village powered by Johnson Controls (the “Destination”), today announced the pricing of an underwritten upsized public offering of 12,244,897 shares of common stock at a price of $2.45 per share. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $30.0 million.
Maxim Group LLC is acting as the sole book-running manager in connection with the offering.
The Company also has granted to Maxim Group LLC a 45-day option to purchase up to an additional 1,836,734 shares of common stock, at the public offering price less discounts and commissions. The offering is expected to close on or about February 12, 2021, subject t