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Tuesday, 08/11/2020 10:33:14 AM

Tuesday, August 11, 2020 10:33:14 AM

Post# of 2494
Interesting, From 8-K Filed today:
"3,457,393 shares of Common Stock issuable upon the exercise of 2,432,500 private placement warrants held by Gordon Pointe Management, LLC with an exercise price of $11.50 per share and (2) 43,478 shares of Common Stock issuable to Gordon Point Management, LLC upon the conversion of a $500,000 convertible note of the Company with a conversion price of $11.50 per share. These instruments are exercisable or convertible within 60 days"

Seeing from the phrase highlighted in bold above, 3,457,393/2,432500 = 1.42133 Which means that Each 'HOFVW' warrant is convertible for 1.42 shares of 'HOFV' at the exercise price of $11.50. Wow! Whatever the IR person told us was erroneous (that person told us that each Warrant will convert to 1 share of HOFV and Not 1.42 of HOFV, as we were all originally told in the filings).
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