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The latest update is out from Hall of Fame Resort & Entertainment ( (HOFV) ).
On September 30, 2025, Hall of Fame Resort & Entertainment Company entered into an Eleventh Amendment to its Note and Security Agreement with CH Capital Lending, increasing its credit facility by $3 million for general corporate purposes and extending the maturity date. This amendment is crucial as it also involves covenants related to foreclosure proceedings if a planned Take Private Transaction does not occur by October 17, 2025. Additionally, the company faced a potential termination of its merger agreement due to unmet obligations, which was extended to October 17, 2025, to allow more time to resolve issues. Failure to obtain necessary consents could severely impact the company’s financial condition and operations.
The most recent analyst rating on (HOFV) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Hall of Fame Resort & Entertainment stock, see the HOFV Stock Forecast page.
Spark’s Take on HOFV Stock
According to Spark, TipRanks’ AI Analyst, HOFV is a Underperform.
The overall stock score is heavily influenced by significant financial challenges, including high leverage, declining revenues, and negative cash flows. Technical analysis indicates a bearish trend with weak market momentum. Valuation metrics are unattractive due to ongoing losses and lack of dividends. These factors collectively result in a low stock score.
To see Spark’s full report on HOFV stock, click here.
More about Hall of Fame Resort & Entertainment
Hall of Fame Resort & Entertainment Company operates in the entertainment industry, focusing on sports-themed resorts and entertainment experiences. The company is involved in developing and managing destination-based assets and events, primarily centered around the Pro Football Hall of Fame.
Average Trading Volume: 28,074
Technical Sentiment Signal: Sell
Current Market Cap: $4.82M
For an in-depth examination of HOFV stock, go to TipRanks’ Overview page.