Hall of Fame Resort & Entertainment Co. Increases Loan Facility to $15 Million with Ninth Amendment Agreement

Reuters08-02
Hall of Fame Resort & Entertainment Co. Increases Loan Facility to $15 Million with Ninth Amendment Agreement

Hall of Fame Resort & Entertainment Co., along with its subsidiaries HOF Village Newco, LLC, HOF Village Retail I, LLC, and HOF Village Retail II, LLC, has entered into a Ninth Amendment to an existing Note and Security Agreement with CH Capital Lending, LLC. This amendment, effective July 24, 2025, increases the facility amount from $14 million to $15 million, allowing the Borrowers to request an additional $1 million for general corporate purposes, subject to certain restrictions. CH Capital Lending is affiliated with Stuart Lichter, a director of the company. This adjustment aims to provide further financial flexibility for Hall of Fame Resort & Entertainment Co. and its subsidiaries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hall of Fame Resort & Entertainment Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-028412), on August 01, 2025, and is solely responsible for the information contained therein.
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