Form 4: HOFV Director Sells Shares Post-Merger

Hall of Fame Resort & Entertainment Co. Director Anthony J. Buzzelli reported the disposition of 39,519 common shares following the company's merger, converting them to cash at $0.90 per share.

Summary

• Director Anthony J. Buzzelli disposed of 39,519 shares of Hall of Fame Resort & Entertainment Co. common stock.
• The disposition occurred on December 31, 2025, pursuant to a merger agreement dated May 7, 2025.
• Each share was converted into a cash payment of $0.90, without interest and subject to applicable taxes.
• Following the merger, the reporting person no longer beneficially owns any shares of the company's common stock.
• The merger involved Merger Sub merging into Hall of Fame Resort & Entertainment Co., which survived as a wholly owned subsidiary of HOFV Holdings, LLC.

Sentiment

Score: 6

Explanation: Neutral to slightly positive for the reporting person as it represents a successful exit at a defined price, but neutral for the company as it's a post-merger report, not an operational update.

Positives

• The merger provided a clear exit strategy for shareholders at a defined cash value.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating pre-planned disposition.

Negatives

• The reporting person no longer holds any beneficial ownership in the company, indicating a complete divestment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders of Hall of Fame Resort & Entertainment Co. received $0.90 per share in cash as a result of the merger.

Key Dates

Keywords

Hall of Fame Resort & Entertainment Co, HOFV, Anthony J. Buzzelli, Merger, Common Stock, Beneficial Ownership, SEC Form 4, Director, Share Disposition, Cash Payment