Gordon Pointe Acquisition (Warrants) (GPAQW)

[Norton1973]

Yes, heck a while ago I bought in low $1.70's, GPAQW

[theslybat]

Got some cheapies this morning, couldn’t believe it...

[LINK Oracle]

Heck of and opportunity to add this morning.

[Golden Cross]

HUGE Bids showing up on the warrants

[Golden Cross]

James J. Dolan owns 3,050,000 just by himself for 50.8% of the O/S shares... All we need is a majority vote on 6-30... It is all but confirmed to me! Very Bullish here!

[Leebarooski]

Awesome DD Golden Cross...GPAQW

[Gan]

Question for the experts..
FMCIW hit $6.20 and regular class-A shares hit $20.00 and I believe they have the same price of $11.50 for warrants to class-A share conversion after the the merger happens.

1) Are they close to closing the merger than GPAQ with HOFV?
2) or is it because of their merging plant based company company has bigger revenues already.. its like more established then HOFV?
3) Any other reasons stay below $3 per warrants?

We have less than 10 days to go for the vote and plus another 15 days to close the merger.. Lets see if this picks up some stream this week as we are getting close to vote..

Good Luck

[Luckypennyman]

Super!


$$$$$$$$$GPAQW$$$$$$$$$

[Golden Cross]

GAP On_The_Chart_Closed_Friday...Nothing_Holding_$GPAQ_Now!

[Golden Cross]

I agree, that is why I loaded up and plan on loading more Monday early...$GPAQ $GPAQW

[trademax42]

Awesome video. Wow!! Sports and entertainment city, this is going big, imo


$GPAQW

[trademax42]

Awesome. Thanks for sharing GC!

$GPAQW

[Golden Cross]

$GPAQ Already has the majority needed to pass the merger vote at the Special Meeting on 6-30

Voting

The Sponsor, together with GPAQ’s officers and directors and other stockholders holding founder shares own
approximately 52.1% of GPAQ’s issued and outstanding shares of common stock, including all of the founder shares.
The Sponsor, directors, officers and other stockholders holding founder shares have agreed to vote any shares
of our common stock owned by them in favor of the Business Combination Proposal.

Currently, Gordon Pointe Management, LLC, which we refer to as our Sponsor, together with our officers and directors
and our other stockholders holding founder shares own approximately 52.1% of our issued and outstanding shares of
common stock, including all of our founder shares. Our Sponsor, officers, directors and other initial holders of
founder shares have agreed to vote their shares in favor of the Business Combination Proposal.

Page 13

James J. Dolan owns 3,050,000 just by himself for 50.8% of the O/S shares

Page 163
https://www.otcmarkets.com/filing/html?id=14200850&guid=HnGFUnncHe-8cth#DEFR14A30620_GORDONPOINTE_HTM_T25

[Golden Cross]

Hall of Fame Village Drone Site Tour Video--->>>

$GPAQ

[Golden Cross]

$GPAQ SCHEDULE 14A - Know What You Own...Please read it Pass it on! GLTA

Filing Link:
https://www.otcmarkets.com/filing/html?id=14200850&guid=HnGFUnncHe-8cth#DEFR14A30620_GORDONPOINTE_HTM_T25

[Golden Cross]

VIDEO: Johnson Controls and Hall of Fame Village to Create First-Ever Sports & Entertainment "Smart City"

$GPAQ

[Runners123]

Thanx for the explanation . feeling better about GPAQW

[trademax42]

Absolutely. RSI is at about 57 and not even in the power zone 70+ yet. Technicals and the important company events brewing in the coming weeks will drive this bus northward. imo

$GPAQW

[Golden Cross]

I think so...The RSI got a nice reset also...$GPAQ/W

[trademax42]

GC....its coming this week and more. The flippers from last week will be chasing GPAQ come Monday and beyond. I'm hoping the GPAQ PPS moving closer to $20 dollars by the time the vote comes along on June 30 or with a positive vote thereafter. Real fireworks should start after July 15 when the ticker gets a new symbol. Assuming everything goes well as planned.

Best of luck to all!!

$GPAQW

This is just my opinion, do your own DD.

[Luckypennyman]

Oh yes I feel certain that $14 is a certainty starting Monday.

I t will be fun watching the traders go wild in the next week trying to get cheap shares.

I plan on buying again on Monday on a dip I hope.

I have to sell some other stocks before I can though, one of them I would like you to look at is EA--*---WD.
Let me know if you can. I would appreciate your opinion.

But yes were gonna make money in GPAQW!!


GLTA!

[Golden Cross]

Gordon Pointe Investor Inquiries
Jacques Cornet, [phone]
[e-mail]
or
Will Swett, [phone]
[e-mail]

$GPAQ $GPAQ

[Golden Cross]

$GPAQ Think we can see $14+ again early this week...Profit taking tapered off Friday afternoon... I think our sellers took their profits and moved on... They will be the ones chasing to get back in here this wee as we get closer the the merger vote on 6-30.. GPAQ already has the majority 52.1% votes needed to pass this so it is a no brainer for me here and will be adding early Mon and Tue... Like printing money to me...

[Luckypennyman]

Thanks for the detailed answer, I will keep that.

Next week is going to be bank!

[Golden Cross]

That is a great strategy for sure ytse... $GPAQ $GPAQW

[ytse]

Golden_Cross,
As for me, I buy warrrant only if the SPAC has a target company in its
sight, or at least has a LOI, I may miss the ground zero price but I know there is something target company the SPAC is working on.
GPAQ has a target.
SHLL IPO on Feb. 20, 2020, yesterday, 06/20/2020, it announced a target,
HYLIION, will complete the merger by the end of 3rd this year. This SHLL management team is really focuses its end game. I have SHLL/WS, let me see
how it turn out.

[Golden Cross]

What the Heck is a SPAC?

SPAC is an acronym for special purpose acquisition company. Also known as a “blank-check company,” a SPAC is a cash-rich shell company that raises money from investors in an initial public offering and seeks to acquire a private acquisition target over a fixed time period. Simply stated, it serves as a vehicle to bring a private company to the public markets.

SPACs have emerged in recent years as a viable alternative to the traditional initial public offering as a way for a private company to complete a going-public transaction. Its emergence as an asset class has been made apparent by its fast growth over the past few years.

Source: S&P Global
After the economic hangover from the 2008–2009 global financial crisis, SPAC issuance was left for dead. However, over the past three years, SPAC financing has come back with a vengeance. In 2019, SPAC financings reached a record annual haul of $12 billion. Last year, the 59 special purpose acquisition company IPOs represented 25% of total initial public offerings. In the first quarter of this year, the trend continued with 13 SPAC IPOs, which represented nearly 30% of all initial public offerings.

There are currently 98 SPACs outstanding representing an aggregate market value of $27.5 billion. Accelerate’s proprietary AlphaRank SPAC Monitor showcases all outstanding SPACs.

Source: Accelerate
SPACs are a legitimate, multi-billion-dollar asset class that is here to stay, while offering a unique arbitrage opportunity for enterprising investors.

How Do SPACs Work

The typical SPAC is a Delaware corporation that completes an IPO for as little as $40 million to as much as $800 million, although there isn’t a set minimum or maximum. Over the past two years, the average SPAC initial public offering has raised $234 million.

In the IPO, a SPAC offers units to investors for $10.00 per unit. Each unit consists of a common share and a fraction of a warrant. Units contain anywhere from 0.25 warrants per unit to as much as a full warrant per unit. The warrant terms are such that they offer the investor the option to buy more shares at $11.50 per share in the future (as long as five years), giving a SPAC unit investor further upside on the performance of the company.

Capital raised in the IPO is placed in a trust account, which is tightly governed. This capital may only be invested in the safest securities — typically U.S. treasuries of tenors less than 185 days. These funds cannot be used to finance the operations of the blank-check company as it searches for an acquisition target. The capital raised in the IPO remains in the trust account accruing interest and is only used to acquire a company or to distribute to redeeming shareholders. To provide the necessary working capital, the SPAC sponsor subscribes to private placement warrants, which will allow the sponsor to buy shares at $11.50 after it completes a business combination. This investment in private placement warrants represents capital at risk for the sponsor. If they do not get a deal done within the allotted time frame, the millions of dollars spent on the private placement warrants are lost. The private placement warrant financing provides working capital to the SPAC, so the IPO proceeds in trust remain untouched until the deal vote, business combination or company liquidation.

Where is the upside for the sponsor or promoter of the SPAC? In exchange for setting up the blank-check company, funding the working capital through a subscription of private placement warrants and searching for a business combination, the sponsor is given founder shares for nominal consideration. These founder shares convert to 20% of the pro-forma equity once a business combination is complete. If a SPAC fails to complete a business combination within the specified time frame, these founder shares become worthless as are the private placement warrants. There is immense financial pressure for a sponsor to get a deal done.

$GPAQ $GPAQW

[trademax42]

For the GPAQ common stock, it's stated:

Upon completion of the Business Combination, (i) each issued and outstanding share of GPAQ Class A common stock (excluding any shares held by a GPAQ stockholder that elects to have its shares redeemed pursuant to GPAQ’s organizational documents) will be converted automatically into the right to receive 1.421333 shares of Holdings Common Stock, following which all shares of GPAQ Class A common stock shall cease to be outstanding and shall automatically be canceled and shall cease to exist;

https://www.otcmarkets.com/filing/html?id=14200850&guid=HnGFUnncHe-8cth#DEFR14A30620_GORDONPOINTE_HTM_T25

Page 159.

GPAQ Class A common stock gets 1.42 shares of Holding common stock. So if I have 10,000 GPAQ commons, they can be converted into 14200 shares of the Holding Common stock. Help me out if I'm reading this right. Anyone?

Does the same concept and ratio apply to GPAQW? Anyone?

$GPAQW

Just my opinion of course.

[Golden Cross]

What will GPAQW warrant holders receive_in_the_Business_Combination?

Upon completion of the Business Combination, all of the warrants to purchase GPAQ Common Stock will be cancelled and exchanged for Holdings Warrants to purchase 1.421333 shares of Holdings Common Stock per warrant on the same terms and conditions as the original warrants.

[Golden Cross]

$GPAQW 23 Board Followers Friday evening... Hope we can get to 50+ over the weekend and think we can if everyone does a little spreading the word on what a awesome opportunity we have here with GPAQ/W... Truly getting in on the ground floor here! That is one thing I LUV with these SPAC's....

#SHELL #MERGER #halloffame #NFL $NBA #acquisition #jamesdolan #nyknicks

[koolmc]

depends on the market and fomo

[trademax42]

Imo it's going to be tested and maybe more.

if 3's get tested again before merger vote

$GPAQW

[trademax42]

Agreed. After merger and name/ticker change when the fireworks kick in high gear, imho.

$GPAQW

[stockhabit]

Most of the spacs had their moves after the mergers were complete I think July 4th would be a good day for some fireworks to begin

[LINK Oracle]

Have a good weekend and Happy Fathers Day to whom it applies.

[koolmc]

2.20 now those cheapies were tasty, traders coulnd't wait for 30th needed their beer money for the weekend

[koolmc]

back to 2's now establishing support would be nice if 3's get tested again before merger vote :)

[LINK Oracle]

GPAQW loves the AH

[Golden Cross]

Yes, you will be able to Fanthos...The new symbol will be HOFVW

[LINK Oracle]

You are correct sir.

[trademax42]

Wealth is being transferred from impatient traders to patient savvy investors. Next week will be the beginning of fireworks.

$GPAQW

Just my opinion of course.

[LINK Oracle]

Thanks for the gap fill on the commons. Now can we move to $3+ please

[koolmc]

added the dip today next week it goes in anticipation of vote on 30th let the quick traders have their fun for now

[LINK Oracle]

Fire sale

[Fanthos]

Oversold

[LINK Oracle]

I think they will be a lot higher than that. Good opportunity to pick em up today.

[tk2007]

$2, undervalued here considering the merger will be in early July. Someone needs money for the weekend.

After the merger, expect these warrants to be $4 min.

tk

[Fanthos]

Would you still be able to sell your warrants after merger

[skyway430]

I had to scoop up some cheapies when it dipped under $2. I’m hoping it was a good call

[trademax42]

Nice thank you GC for all your efforts on this. One more day (today) of consolidation, then off to the races next week, imo.

$GPAQW