Hall of Fame Resort and Ent Co (fka HOFV)

[stoxjock]

"Each Warrant entitles the registered holder to purchase 1.421333 shares of our Common Stock at a price of $11.50 per share of Common Stock"

What they are saying is that now, it has been clarified that we end up paying more, for the 'supposed' "Free 0.42 shares" we are getting, essentially we pay "0.42 x $11.50 = $4.83". So we are NOt getting the 0.42 shares "Free", instead we do PAY to 'Exercise them'(the additional $4.83 for the 0.42 'extra shares').

I am really PO'ed. This is FRAUD, IMO. I think we should all call the IR of this company and give them a Piece of our mind that THIS IS SECURITIES FRAUD, IF they are going to convert that way!