Replies to post #2415 on Hall of Fame Resort and Entertainment Co (HOFV)

[StupidMillennial]

Here's an email from Dec


The exercise price of the warrants is $11.50 per share of common stock at a conversion rate of 1.421333 shares per warrant. So each warrant entitles holders to purchase 1.421333 shares of common stock at a price of $11.50 per share for a total cost of $16.35 per warrant. The warrants expire in July 2025 or the company will have the option to force the conversion of the warrants to common shares if the HOFV common share price stays above an $18 average for a 30 day period.



Best,

HOFV Team