# EDGAR Filing Document

**Accession Number:** 0001708176
**File Stem:** 0001140361-25-035156
**Filing Date:** 2025-9
**Character Count:** 28618
**Document Hash:** ddccf4148f249db0ab0d6c8c7aba454f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-035156.hdr.sgml**: 20250917

**ACCESSION NUMBER**: 0001140361-25-035156

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250916

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250917

**DATE AS OF CHANGE**: 20250916

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hall of Fame Resort & Entertainment Co
- **CENTRAL INDEX KEY:** 0001708176
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 843235695
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38363
- **FILM NUMBER:** 251318570

**BUSINESS ADDRESS:**
- **STREET 1:** 2626 FULTON DRIVE NW
- **CITY:** CANTON
- **STATE:** OH
- **ZIP:** 44718
- **BUSINESS PHONE:** (412) 960-4687

**MAIL ADDRESS:**
- **STREET 1:** 2626 FULTON DRIVE NW
- **CITY:** CANTON
- **STATE:** OH
- **ZIP:** 44718

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Gordon Pointe Acquisition Corp.
- **DATE OF NAME CHANGE:** 20180122

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Gordon Pointe Acqusition Corp.
- **DATE OF NAME CHANGE:** 20170601

?xml version='1.0' encoding='ASCII'?

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### PURSUANT TO SECTION 13 OR 15(d) OF

#### THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): **September 16, 2025**

#### HALL OF FAME RESORT & ENTERTAINMENT COMPANY
(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware**<br>| **001-38363**<br>| **84-3235695**<br>|
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

#### 2014 Champions Gateway, Suite 100

#### Canton, OH 44708
(Address of principal executive offices, including zip code)

Registrant's telephone number, including area code: **(330) 458-9176**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

&nbsp;&nbsp;&nbsp;&nbsp;☒ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, $0.0001 par value per share<br>| HOFV<br>| OTC Pink Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

#### Item 1.01. Entry into a Material Definitive Agreement.
On September 16, 2025, Hall of Fame Resort & Entertainment Company, a Delaware corporation (the "Company"), and its subsidiaries HOF Village Newco, LLC, a Delaware limited liability company ("Newco"), HOF Village Retail I, LLC, a Delaware limited liability company ("Retail I"), and HOF Village Retail II, LLC, a Delaware limited liability company ("Retail II," and collectively with the Company, Newco and Retail I, "Borrowers"), entered into a Tenth Amendment ("<u>Tenth Amendment</u>") to Note and Security Agreement ("Note and Security Agreement"), with CH Capital Lending, LLC, a Delaware limited liability company ("CHCL"). CHCL is an affiliate of Stuart Lichter, a director of the Company.

The Tenth Amendment modifies the definition of "Facility Amount" in Section 1 of the original Note and Security Agreement (as amended prior to the Tenth Amendment) to increase the facility amount from $15,000,000 to $17,000,000 allowing the Borrowers to request an additional $2,000,000 for general corporate purposes, subject to certain restrictions. Additionally, the Tenth Amendment introduces a new definition for "IRG Affiliate Debt Documents," extends the definition of "Maturity Date" and amends the cross-default provision to reflect the updated terms relating to affiliated debt instruments. The Tenth Amendment also acknowledges that the Company's Board of Directors has authorized and directed management to prepare and execute all necessary agreements to transfer the collateral for the loans and other financial accommodations issued and outstanding pursuant to the Note and Security Agreement and the IRG Affiliate Debt Documents to CHCL and its affiliates upon an event of default under such debt instruments, which may include carrying out such transfer by deed in lieu of foreclosure.

The foregoing description of the Tenth Amendment does not purport to be complete and is qualified in its entirety by the full text of the Tenth Amendment, attached hereto as Exhibit 10.1 to this Current Report on Form 8-K.

#### Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth above under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference into this Item 2.03.

#### Item 5.07. Submission of Matters to a Vote of Security Holders.
On September 16, 2025, the Company convened its special meeting of stockholders (the "Special Meeting") for the following purposes: (i) to consider and vote on the proposal to adopt the Agreement and Plan of Merger (the "Merger Agreement"), dated May 7, 2025, by and among the Company, HOFV Holdings, LLC ("Parent"), Omaha Merger Sub, Inc. (the "Merger Sub" and together with Parent, the "Buyer Parties"), and CHCL solely as guarantor, pursuant to which Omaha Merger Sub will merge with and into the Company, with the Company surviving such merger as a wholly owned subsidiary of Parent (the "Merger Proposal"), (ii) to consider and vote on the proposal to approve, on a non-binding, advisory basis, the compensation that will or may become payable by the Company to its named executive officers in connection with the Merger (the "Compensation Proposal"), and (iii) to consider and vote on any proposal to adjourn the Special Meeting, from time to time, to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are insufficient votes to adopt the Merger Agreement at the time of the Special Meeting (the "Adjournment Proposal").

An aggregate of 3,883,659 shares of the Company's common stock or 57.84% of the voting authority, constituting a quorum, were represented virtually, in person, or by valid proxies at the Special Meeting. At the Special Meeting, the stockholders of the Company approved the Compensation Proposal and the Adjournment Proposal. The results of the votes were as follows:

*The Compensation Proposal:*

---

| | | | |
|:---|:---|:---|:---|
| For | Against | Abstentions | Broker Non-Votes |
| 3,163,786 | 688,751 | 31,122 | 0 |

---

*The Adjournment Proposal:*

---

| | | | |
|:---|:---|:---|:---|
| For | Against | Abstentions | Broker Non-Votes |
| 3,349,334 | 495,474 | 38,851 | 0 |

---

------

The Company then adjourned the Special Meeting until September 24, 2025, at 10:00 a.m., Eastern Time, in order to allow the Company to solicit additional proxies with respect to the Merger Proposal.

Stockholders will be able to attend virtually and vote at the reconvened Special Meeting using the same process in place for the originally scheduled Special Meeting, the details of which are set forth in the proxy statement. The Company does not intend to change the record date for the Special Meeting.

If a stockholder has any questions or needs assistance voting their shares, please contact the Company's proxy solicitor:

Alliance Advisors, LLC

150 Clove Road, Suite 400

Little Falls, New Jersey 07424

Toll-Free: 844-202-7187

Email: HOFV@allianceadvisors.com

**Item 8.01 Other Events.**

As previously disclosed, on September 5, 2025, the Company received a Notice of Intent to Terminate Merger Agreement and Non-Extension of Note & Security Agreement (the "Notice") from the Buyer Parties and certain of their affiliates. Pursuant to the Notice, the Buyer Parties and CHCL provided written notice of their intention to terminate the Merger Agreement under Section 8.1(e) on September 17, 2025, due to the Company's failure to perform its obligations thereunder.

On September 16, 2025, the Company received a letter (the "Letter") from the Buyer Parties and certain of their affiliates providing that in consideration of the agreements set forth in the Tenth Amendment, the termination date of September 17, 2025 had been extended to September 30, 2025, and further, Parent agreed to forbear from exercising its rights and remedies under the Merger Agreement, prior to such date, absent any earlier default by the Company of any of its obligations under and pursuant to the Merger Agreement other than the obligations arising under Section 7.2(g) of the Merger Agreement with respect to receipt of third party consents to the transaction from the holders of the Company's 8% Convertible Notes due 2025.

If the Company is unable to resolve the asserted default under the Merger Agreement, the foregoing would be expected to have a material adverse effect on the Company's liquidity and financial condition and may render the Company insolvent and unable to sustain its operations and continue as a going concern. No assurance can be provided that the Company will be able to refinance, restructure or repay its indebtedness or to continue as a going concern.

The foregoing information is a summary of the material terms of the Letter described above, is not complete, and is qualified in its entirety by reference to the full text of the Letter, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference. Readers should review the Letter for a complete understanding of the terms and conditions thereto.

#### Item 9.01 Financial Statements and Exhibits.
(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [10.1](ef20055661_ex10-1.htm) | Tenth Amendment to Note & Security Agreement, dated September 16, 2025, between Hall of Fame Resort & Entertainment Company, HOF Village Newco, LLC, HOF Village Retail I, LLC and HOF Village Retail II, LLC, as borrowers and CH Capital Lending, LLC, as lender |
| [99.1](ef20055661_ex99-1.htm) | Letter, dated September 16, 2025, from HOFV Holdings, LLC, CH Capital Lending, LLC, IRG, LLC, and Midwest Lender Fund, LLC |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

#### SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  | **HALL OF FAME RESORT & ENTERTAINMENT COMPANY** | **HALL OF FAME RESORT & ENTERTAINMENT COMPANY** | **HALL OF FAME RESORT & ENTERTAINMENT COMPANY** |
|  | By: | /s/ Lisa Gould | /s/ Lisa Gould |
|  |  | Name:  | Lisa Gould |
|  |  | Title: | Interim Chief Executive Officer |
| Dated: September 16, 2025 |  |  |  |

---

------

## Exhibit 10.1

------

**Exhibit 10.1**<br>

#### TENTH AMENDMENT<br> TO<br> NOTE AND SECURITY AGREEMENT
This TENTH AMENDMENT (this "***Amendment***") TO NOTE AND SECURITY AGREEMENT dated September 16, 2025 amends that certain Note and Security Agreement dated November 14, 2024, as amended, restated, supplemented and otherwise modified from time to time up to the date hereof (the "***Note***"), among CH CAPITAL LENDING, LLC, a Delaware limited liability company (the "***Lender***"), HALL OF FAME RESORT & ENTERTAINMENT COMPANY, a Delaware corporation ("***HOFREC***"), HOF VILLAGE NEWCO, LLC, a Delaware limited liability company ("***NewCo***"), HOF VILLAGE RETAIL I, LLC, a Delaware limited liability company ("***HOF VR I***"), HOF VILLAGE RETAIL II, LLC, a Delaware limited liability company ("***HOF VR II***", and collectively with HOFREC, NewCo and HOF VR I, each a "***Borrower***" and, collectively, jointly and severally, "***Borrowers***"). Capitalized terms not otherwise defined herein shall have the meaning set forth in the Note.

WHEREAS, on May 7, 2025, HOFREC, HOFV Holdings, LLC ("***Parent***") and certain other parties entered into the Agreement and Plan of Merger (the "***Merger Agreement***") relating to the Take Private Transaction;

WHEREAS, on September 5, 2025, Parent and Lender delivered to HOFREC (i) a Notice of Termination of the Merger Agreement (the "***Termination Notice***") to be effective September 17, 2025, absent the earlier cure by HOFREC of the defaults under the Merger Agreement enumerated in the Termination Notice and (ii) a Notice of Maturity and Non-Extension of Debt Instruments (as defined in the Termination Notice) declining to provide further increases in the Facility Amount and declining to agree to any further extensions of the maturity date of the Note and the Subject IRG Debt Instruments (as defined in the Termination Notice) such that, absent an event of default occurring prior to such date, the outstanding balance of all loans made pursuant to the Note and the Subject IRG Debt Instruments will be due and payable in full on September 30, 2025;

WHEREAS, Parent has agreed to increase the Facility Amount, forbear from taking action under the Termination Notice and extend the Termination Date (as defined in the Termination Notice) in consideration of the approval by the HOFREC board of directors (the "***HOFREC Board***") authorizing and directing HOFREC management to commence preparation of the necessary agreements, instruments and documents to convey, assign and transfer to the Lenders (as defined in the Termination Notice) all of HOFREC's and its subsidiaries right, title and interest in and to all of the collateral for the loans and other financial accommodations issued and outstanding pursuant to the Note and the IRG Affiliate Debt Documents (as defined in the Note after giving effect to this Amendment)**,** upon the occurrence of an event of default under the Subject IRG Debt Instruments (including non-payment of the balance of all loans made pursuant to the Note and the Subject IRG Debt Instruments in full), including by way of a deed in lieu of foreclosure;

WHEREAS, the Lender and the Borrowers desire to amend certain provisions of the Note to reflect the foregoing agreements;

------

WHEREAS, pursuant to Section 7.05 of the Note, the Note may be amended by a written agreement signed by the Borrowers and Lender.

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein made and other good and valuable consideration, the undersigned agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The definition of "***Facility Amount***" in Section 1 of the Note is amended and restated in its entirety to read as follows: ""***Facility Amount***" means $17,000,000."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A new definition of "***IRG Affiliate Debt Documents***" is hereby added to Section 1 of the Note to read as follows:

""***IRG Affiliate Debt Documents***" shall mean, each of and collectively:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Backup Joinder and First Amended and Restated Secured Cognovit Promissory Note, effective as of November 7, 2022, by and among HOFREC, NewCo, HOF Village Youth Fields, LLC ("***Youth Fields Borrower***"), as makers, and Lender, as successor in interest to JKP Financial, LLC ("***JKP***"), as holder, as amended, restated, supplemented and otherwise modified from time to time, including, without limitation, by the Omnibus Extension of Debt Instruments (the "***Omnibus Modification***"), entered into effective as of March 31, 2025, among Lender, in its capacity as a lender and as administrative agent for itself and the other lenders, IRG, LLC, a Nevada limited liability company ("***IRG***"), and Midwest Lender Fund, LLC ("***Midwest***"), as lenders, and HOFREC and NewCo, as borrowers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Term Loan Agreement, dated December 1, 2020, among HOFREC and the other persons signatory thereto as borrowers, and the lender party thereto, as lenders and Lender, as successor in interest to Aquarian Credit Funding LLC, as administrative agent, as amended, restated, supplemented and otherwise modified from time to time, including, without limitation, by the Omnibus Modification;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Joinder and Second Amended and Restated Secured Cognovit Promissory Note, effective as of November 7, 2022, issued by HOFREC, NewCo and Youth Fields Borrower to IRG, as amended, restated, supplemented and otherwise modified from time to time, including, without limitation by the Omnibus Modification;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Joinder and Second Amended and Restated Secured Cognovit Promissory Note, effective as of November 7, 2022, issued by HOFREC, NewCo and Youth Fields Borrower to Lender, as successor in interest to JKP, as amended, restated, supplemented and otherwise modified from time to time, including, without limitation, by the Omnibus Modification;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Secured Cognovit Promissory Note, dated effective as of November 7, 2022, between Midwest, as lender, and HOFREC, NewCo, and Youth Fields Borrower, as borrowers, as amended, restated, supplemented and otherwise modified from time to time, including, without limitation, by the Omnibus Modification;

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Cognovit Promissory Note, dated June 16, 2022 among HOFREC, HOF VR I, and HOF VR II, as borrowers, and Lender, as lender, as amended, restated, supplemented and otherwise modified from time to time, including, without limitation, by the Omnibus Modification;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that certain Loan Agreement, dated September 27, 2022, among Lender, as successor in interest to Huntington National Bank, as lender, as amended, restated, supplemented and otherwise modified from time to time; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii)&nbsp;&nbsp;&nbsp;&nbsp; any and all documents, instruments and other agreements from time to time entered into in connection with the foregoing."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The definition of "***Maturity Date***" in Section 1 of the Note is amended and restated in its entirety to read as follows: ""***Maturity Date***" means the earliest to occur of (i) September 30, 2025, (ii) the closing of the Take Private Transaction, (iii) the Termination Date, as such term is defined in any definitive agreement and plan of merger entered in connection with the Take Private Transaction, if applicable, and (iv) the occurrence of an Event of Default."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 6.01(c) of the Note is hereby amended and restated in its entirety to read as follows:

"(c) **Cross-Default**. The occurrence of any default, event of default, "Default" and/or "Event of Default" (however so defined) under any of the IRG Affiliate Debt Documents, it being further expressly agreed and acknowledged that the occurrence of any Default or Event of Default under this Note shall constitute an immediate default, event of default, "Default" and "Event of Default" (however so defined) under any of the IRG Affiliate Debt Documents."

5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; HOFREC represents and warrants that on September 15, 2025, the HOFREC Board authorized and directed HOFREC management to commence preparation of the necessary agreements, instruments and documents relating to the foreclosure of various properties that provide collateral for the loans and other financial accommodations issued and outstanding pursuant to the Note and the IRG Affiliate Debt Documents (as defined in the Note after giving effect to this Amendment), including by way of a deed in lieu of foreclosure, pursuant to one or more warranty deeds and such other document, instruments, agreements and certificates, and upon such terms and conditions as may be required by Lender and the applicable title company insuring such conveyance, in each case at any time after the occurrence of any event of default under the Subject IRG Debt Instruments (including non-payment of the balance of all loans made pursuant to the Note and the Subject IRG Debt Instruments in full) and directed HOFREC management to take all appropriate action to carry out and make effective such action as approved by the HOFREC Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Except as expressly amended in accordance with this Amendment, the Note and the Loan Documents (as defined in the Note) shall remain unmodified and in full force and effect. Any reference to the Note in any other document shall refer to the Note as amended hereby. In the event of any conflict between the terms of the Note and the terms of this Amendment, the terms of this Amendment shall control.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This Amendment may be executed, including by electronic transmission, in one or more counterparts, each of which when so executed shall be deemed to be an original and all of which together shall constitute one and the same instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This Amendment shall be construed and enforced in accordance with the laws of the State of New York without regard to the application of the principles of conflicts or choice or laws (other than New York General Obligations Law 5-1401 and 5-1402).

[Signature Pages Follow]

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IN WITNESS WHEREOF, the undersigned have executed this Amendment on the day and year first indicated above.

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| | |
|:---|:---|
| **BORROWERS:** | **BORROWERS:** |
| HALL OF FAME RESORT & ENTERTAINMENT COMPANY, a Delaware corporation | HALL OF FAME RESORT & ENTERTAINMENT COMPANY, a Delaware corporation |
| By: | /s/ Lisa Gould |
| Name: Lisa Gould | Name: Lisa Gould |
| Title: Executive Vice President of Business Administration | Title: Executive Vice President of Business Administration |
| HOF VILLAGE NEWCO, LLC, a Delaware limited liability company | HOF VILLAGE NEWCO, LLC, a Delaware limited liability company |
| By: | /s/ Lisa Gould |
| Name: Lisa Gould | Name: Lisa Gould |
| Title: Executive Vice President of Business Administration | Title: Executive Vice President of Business Administration |
| HOF VILLAGE RETAIL I, LLC, a Delaware limited liability company | HOF VILLAGE RETAIL I, LLC, a Delaware limited liability company |
| By: | /s/ Lisa Gould |
| Name: Lisa Gould | Name: Lisa Gould |
| Title: Executive Vice President of Business Administration | Title: Executive Vice President of Business Administration |
| HOF VILLAGE RETAIL II, LLC, a Delaware limited liability company | HOF VILLAGE RETAIL II, LLC, a Delaware limited liability company |
| By: | /s/ Lisa Gould |
| Name: Lisa Gould | Name: Lisa Gould |
| Title: Executive Vice President of Business Administration | Title: Executive Vice President of Business Administration |

---

------

---

| |
|:---|
| **LENDER**: |
| CH CAPITAL LENDING, LLC, a Delaware limited liability company |
| By: Holdings SPE Manager, LLC, its Manager |
| By: <u>/s/ Richard H. Klein</u> |
| Name: Richard H. Klein |
| Title: Chief Financial Officer |

---

**AGREED AND ACKNOWLEDGED**:

IRG, LLC, a Nevada limited liability company

By: S.L. Properties, Inc., its Manager

By: <u>/s/ Stuart Lichter</u>

Name: Stuart Lichter

Title: President

MIDWEST LENDER FUND, LLC, a Delaware

limited liability company

By: S.L. Properties, Inc., its Manager

By: <u>/s/ Stuart Lichter</u>

Name: Stuart Lichter

Title: President

------

## Exhibit 99.1

------

**Exhibit 99.1**<br>

#### VIA ELECTRONIC MAIL

September 16, 2025

Hall of Fame Resort and Entertainment Company

2014 Champions Gateway, Suite 100

Canton, Ohio 44706

Attn: Karl Holz

Tim Kelly

#### Re: Extension of Termination Date

Dear Karl and Tim:

Reference is made to our correspondence to the Company dated September 5, 2025, referencing "Notice of Termination of Merger Agreement" (the "**Termination Notice**"). Terms used herein with an initial capital letter and not otherwise defined are used as defined in the Termination Notice.

#### Extension of Termination Date

In consideration of the agreements set forth in that certain Amendment No. 10 to the Note & Security Agreement of even date herewith, by and among the Company, Newco, HOF Village Retail I, LLC, HOF Village Retail II, LLC, and the Bridge Lender, the Termination Date is extended to September 30, 2025, and Parent agrees to forbear from exercising its rights and remedies under the Merger Agreement absent any earlier default by the Company of any of its obligations under and pursuant to the Merger Agreement other than the obligations arising under Section 7.2(g) of the Merger Agreement.

[Remainder of page intentionally left blank; signature page follows]

------

---

| | |
|:---|:---|
| Sincerely, | Sincerely, |
| **HOFV HOLDINGS, LLC** | **HOFV HOLDINGS, LLC** |
| By: | <u>/s/ Stuart Lichter</u> |
|  | Stuart Lichter |
|  | President |
| **CH CAPITAL LENDING, LLC** | **CH CAPITAL LENDING, LLC** |
| By: | <u>/s/ Richard Klein</u> |
|  | Richard Klein |
|  | Chief Financial Officer |
| **IRG, LLC** | **IRG, LLC** |
| **By: S.L. Properties, Inc., its Manager** | **By: S.L. Properties, Inc., its Manager** |
| By: | <u>/s/ Stuart Lichter</u> |
|  | Stuart Lichter |
|  | President |
| **MIDWEST LENDER FUND, LLC** | **MIDWEST LENDER FUND, LLC** |
| **By: S.L. Properties, Inc., its Manager** | **By: S.L. Properties, Inc., its Manager** |
| By: | <u>/s/ Stuart Lichter</u> |
|  | Stuart Lichter |

---

------

<br>