[Form 4] Hall of Fame Resort & Entertainment Co Insider Trading Activity
Rhea-AI Filing Summary
Hall of Fame Resort & Entertainment Co. reported an insider share disposal linked to its merger. A company director filed a report showing the disposition of 39,519 shares of common stock on 12/31/2025. This relates to the closing of a previously agreed merger in which Omaha Merger Sub, Inc. was merged into the company, leaving Hall of Fame Resort & Entertainment Co. as a wholly owned subsidiary of HOFV Holdings, LLC.
At the effective time of the merger, each share of common stock with a par value of $0.0001 was converted into the right to receive a cash payment of $0.90 per share, before taxes and without interest. Following this transaction, the reporting director no longer beneficially owns any shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 39,519 | $0.00 | $0.00 |
Footnotes (2)
- F1. Pursuant to the Agreement and Plan of Merger, dated as of May 7, 2025 (the "Merger Agreement"), by and among Hall of Fame Resort & Entertainment Company (the "Company"), HOFV Holdings, LLC, a Delaware limited liability company ("Parent"), Omaha Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), and, solely as guarantor of certain of Parent's obligations under the Merger Agreement, CH Capital Lending, LLC, a Delaware limited liability company, Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent.
- F2. At the effective time of the Merger, each share of the Company's common stock, par value $0.0001 (the "Common Stock"), reported in this row was converted into the right to receive a cash payment (without interest and subject to applicable taxes) equal to the per share merger consideration of $0.90. As a result of the Merger, Reporting Person no longer beneficially owns, directly or indirectly, any shares of the Company's Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.