Added to YB: 2025-10-06
Pitch date: 2025-10-02
HOFV [bullish]
Hall of Fame Resort & Entertainment Company
-29.05%
current return
Author Info
No bio for this author
Company Info
Hall of Fame Resort & Entertainment Company, a resort and entertainment company, doing business as the Pro Football Hall of Fame.
Market Cap
$3.4M
Pitch Price
$0.58
Price Target
0.90 (+114%)
Dividend
N/A
EV/EBITDA
-26.08
P/E
-0.06
EV/Sales
14.53
Sector
Hotels, Restaurants and Leisure
Category
special_situation
High risk trade idea - long $HOFV
HOFV (merger arb): High-risk arb play on $0.90 takeover by largest shareholder IRG (+76% from $0.51). Deal held up by $18M PIPE notes consents but IRG owns 43% of PIPEs. Shareholder vote secured, Canton approved incentives, buyer extended deadline to Oct 17th & added $3M credit facility. If deal fails, likely BK/worthless. Market pricing 50/50 odds seems low given negative $80M net worth makes PIPE recovery poor in BK.
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