Hall of Fame Resort and Entertainment Company has extended the Termination Date to September 30, 2025.
The extension is a result of agreements in the Amendment No. 10 to the Note & Security Agreement.
Parent company agrees to forbear from exercising rights and remedies under the Merger Agreement until the extended Termination Date.
Termination Date Extension
Extended to September 30, 2025, with forbearance agreement from the Parent company.
Amendment No. 10 Impact
Agreements in the amendment led to the extension of the Termination Date.
- The extension provides more time for negotiations and potential resolution of issues.
- Forbearance from the Parent company indicates willingness to work towards a solution without immediate enforcement actions.
The extension of the Termination Date shows ongoing efforts to address issues and reach a resolution in the merger agreement.