Hall of Fame Resort & Entertainment announces 1-for-22 reverse stock split

Hall of Fame Resort & Entertainment Company announced that it will effect a 1-for-22 reverse stock split of its common stock, par value $0.0001 per share, that will become effective on December 27, 2022 at 12:01 a.m. Eastern Time. On December 27, 2022, the company’s common stock will begin trading on a post-reverse split basis on The Nasdaq Global Market under the existing symbol "HOFV." The reverse split is primarily intended to bring the Company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq. The new CUSIP number for the Common Stock following the reverse split will be 40619L201.