CANTON,
Ohio, June 28, 2024 /PRNewswire/ -- Hall
of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW)
(the "Company"), the only resort, entertainment and media company
centered around the power of professional football, announced today
that Hall of Fame Village has been awarded a $9.8 Million grant from the State of Ohio's One Time Strategic Community
Investments in support of the development of the Village.
"We continue to be grateful for the
tremendous leadership of Senate President Pro Tempore Kirk Schuring, Representative Scott Oeslager as well as Senate President
Matt Huffman, and the many other
civic leaders within the State of
Ohio for their continued support of our Hall of Fame Village
project," shared Hall of Fame Resort & Entertainment President
and CEO Michael Crawford. "The award
of this grant speaks to the state's belief in the social and
economic impact we are already having in our community and
throughout northeast Ohio."
About Hall of Fame Resort & Entertainment
Company
Hall of Fame Resort & Entertainment Company
(NASDAQ: HOFV, HOFVW) is a resort and entertainment company
leveraging the power and popularity of professional football and
its legendary players in partnership with the Pro Football Hall of
Fame. Headquartered in Canton,
Ohio, the Hall of Fame Resort & Entertainment Company is
the owner of the Hall of Fame Village, a multi-use sports,
entertainment and media destination centered around the Pro
Football Hall of Fame's campus. Additional information on the
Company can be found at www.HOFREco.com.
Forward-Looking Statements
Certain statements made
herein are "forward-looking statements" within the meaning of the
"safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements may be identified by
the use of words and phrases such as "plan," "opportunity,"
"future," "will," "goal," "enable," "pipeline," "transition," "move
forward," "towards," "build out," "coming," "commitment," and "look
forward" and other similar expressions that predict or indicate
future events or trends or that are not statements of historical
matters. These statements are based on current beliefs and
expectations of the Company's management on information currently
available and are subject to uncertainties. Actual results may
differ from those set forth in the forward-looking statements.
Factors that could cause or contribute to our results differing
materially from those expressed or implied by forward-looking
statements include, but are not limited to, those discussed in the
section titled "Risk Factors" included in our Form 10-K for the
fiscal year ended December 31, 2023
as filed the Securities and Exchange Commission ("SEC") on
March 25, 2024, and in our reports
subsequently filed with the SEC.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/hall-of-fame-village-project-awarded-9-8-million-from-state-of-ohio-302185820.html
SOURCE Hall of Fame Resort & Entertainment Company