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Hall of Fame Resort & Entertainment ( (HOFV) ) has provided an update.
On January 10, 2025, Hall of Fame Resort & Entertainment Company received a deficiency letter from Nasdaq for not holding an annual stockholders meeting within 12 months following its fiscal year end on December 31, 2023, as required by Nasdaq rules. The company plans to submit a compliance plan to address this issue by February 24, 2025, and if accepted, could be granted an extension until June 30, 2025. Failure to comply may lead to delisting from Nasdaq, impacting the company’s stock trading. Additionally, effective January 16, 2025, Jerome Bettis resigned from the company’s Board due to other professional and personal obligations, with no disagreements on company matters cited.
More about Hall of Fame Resort & Entertainment
Hall of Fame Resort & Entertainment Company operates in the entertainment industry, focusing on creating unique experiences and content related to professional football. Their market focus includes leveraging the football brand to engage consumers and stakeholders.
YTD Price Performance: 2.44%
Average Trading Volume: 44,721
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.39M
See more insights into HOFV stock on TipRanks’ Stock Analysis page.
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