HOFV - Hall of Fame Resort & Entertainment under pressure on pricing upsized stock offering
Hall Of Fame Resort & Entertainment (HOFV) traded 10.6% down premarket after pricing its underwritten upsized public offering of 12.24M shares at $2.45/share.Underwriters granted 45-day option to purchase up to an additional 1.84M shares.Gross proceeds are expected to be ~$30M.Offer expected to close on or about Feb.12.
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Hall of Fame Resort & Entertainment under pressure on pricing upsized stock offering