Hall of Fame Village Project Awarded $9.8 Million from State of Ohio

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Summary

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 Ohios 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 states belief in the social and economic impact we are already having in our community and throughout northeast Ohio. 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. 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.

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