# EDGAR Filing Document

**Accession Number:** 0001708176
**File Stem:** 0001213900-25-057786
**Filing Date:** 2025-6
**Character Count:** 13550
**Document Hash:** 46e6c993eb503a82ac955ee08acbe37b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-057786.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001213900-25-057786

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250618

**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**: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**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:** 251073675

**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'?

**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): **June 18, 2025**

**HALL OF FAME RESORT & ENTERTAINMENT COMPANY**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-38363** | **84-3235695** |
| (State or other jurisdiction<br> of incorporation) | (Commission File Number) | (IRS Employer<br> 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)

☐ 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:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, $0.0001 par value per share | HOFV | Nasdaq Capital Market |
| Warrants to purchase 0.064578 shares of Common Stock | HOFVW | Nasdaq Capital 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 June 18, 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 Eighth Amendment to Note and Security Agreement ("Eighth Amendment"), with CH Capital Lending, LLC, a Delaware limited liability company ("Lender" or "CHCL"). CHCL is an affiliate of Stuart Lichter, a director of the Company.

The Eighth Amendment modifies the definition of "Facility Amount" in Section 1 of the original note and security agreement (as amended prior to the Eighth Amendment) to increase the facility amount from $12,000,000 to $14,000,000 allowing the Borrowers to request an additional $2,000,000 for general corporate purposes, subject to certain restrictions.

The foregoing description of the Eighth Amendment does not purport to be complete and is qualified in its entirety by the full text of the Eighth 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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.**

On June 18, 2025, the Company received a delisting notice from the Listing Qualifications Department of Nasdaq notifying the Company that it has initiated delisting procedures based on a representation from the Company that it will not hold an annual meeting of shareholders on or prior to June 30, 2025. The failure to hold an annual meeting of shareholders within twelve months from the end of the Company's fiscal year-end is a requirement by Nasdaq Listing Rule 5620(a).

If the Company does not appeal the delisting determination to a Hearing Panel pursuant to Nasdaq Listing Rule 5800 Series, trading of the Company's Common Stock will be suspended at the opening of business on June 27, 2025 and a Form 25-NSE will be filed with the Securities and Exchange Commission ("SEC"), which will remove the Company's securities from listing and registration on Nasdaq. The Company does not intend to appeal or request a hearing and, therefore, it is expected that its Common Stock will be delisted. If the Common Stock ceases to be listed for trading on the Nasdaq Capital Market, the Company would expect that the Common Stock would be traded on one of the three tiered marketplaces of the OTC Markets Group.

***Forward-Looking Statements***

The information above includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein are forward-looking statements. These forward-looking statements may be identified by their use of terms and phrases such as "expect," "intend," "will, "extend," and "cease," and similar terms and phrases. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. These forward-looking statements represent the Company's current expectations or beliefs concerning future events, and it is possible that the results described in this Current Report on Form 8-K will not be achieved. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified in this Form 8-K or as disclosed from time to time in the Company's other filings with the SEC. As a result of these factors, actual results may differ materially from those indicated or implied by forward-looking statements. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

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| | |
|:---|:---|
| **Exhibit No.** | **Document** |
| 10.1 | [Eighth Amendment to Note & Security Agreement, dated June 18, 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](ea024691701ex10-1_halloffame.htm) |
| 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 Principal Executive Officer |

---

Dated: June 25, 2025

## Exhibit 10.1

**Exhibit 10.1**

**EIGHTH AMENDMENT**

**TO**

**NOTE AND SECURITY AGREEMENT**

This EIGHTH AMENDMENT (this "***Amendment***") TO NOTE AND SECURITY AGREEMENT dated June 18, 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***").

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

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

WHEREAS, terms capitalized but not otherwise defined herein shall have the meanings ascribed to such terms in the Note.

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;1. 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 $14,000,000."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. 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;3. 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;4. 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]

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: |  |
| Name: | Lisa Gould |
| 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: |  |
| Name: | Lisa Gould |
| 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: |  |
| Name: | Lisa Gould |
| 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: |  |
| Name: | Lisa Gould |
| Title: | Executive Vice President of Business Administration |

---

---

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

---