Gordon Pointe Acquisition Corp. (GPAQ), announced late this evening that it had signed a merger agreement with HOF Village, Inc. (“HOFV”). It had been announced previously that GPAQ had entered into a non-binding “agreement in principle” with HOVF back on August 1st, however, it appears all parties are now moving forward to definitively combine. This transaction, which will create a sports, entertainment and media enterprise surrounding the Pro Football Hall of Fame, is being valued at $390 million.
An 8-K and presentation have not been filed as of yet, but it is anticipated that those materials will be available ahead of tomorrow’s scheduled conference call at 8:30 am ET. The details of tomorrow’s call are below and you can read the previous posts on the Gordon Pointe/HOVF transaction HERE and HERE.
A further update will provide after the additional information is released.
CONFERENCE CALL
GPAQ and HOFV will host a joint investor conference call to review the proposed transaction tomorrow, Tuesday, September 17, 2019 at 8:30 am ET.
- 1-877-407-4018
- 1-201-689-8471 (International)
A telephone replay will be available from 11:30 am ET on Tuesday, September 17, 2019 and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671 and entering replay Pin number: 13694429.
ADVISORS
- B. Riley FBR, Inc. is acting as capital markets advisor to GPAQ
- Pillsbury Winthrop Shaw Pittman LLP is acting as GPAQ’s legal advisor
- Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), is acting as financial advisor to HOFV
- Hunton Andrews Kurth LLP is acting as HOFV’s legal advisor
With the passage this weekend of $95 billion in funding for Ukraine, Israel and Taiwan by the House of Representatives, some focus has gone back towards the defense sector, which has generally had a good year as a whole. But, SPACs have not been as active in defense, despite the fact that companies in the...
At the SPAC of Dawn As April’s sleepy month for SPAC news continues, there is only one special meeting on the docket to consider a SPAC deal approval, that being today’s vote on Pegasus Digital Mobility‘s (NYSE:PGSS) combination with equipment manufacturer Schmid. Three more SPACs are facing extension votes this week, including Pyrophyte (NYSE:PHYT), whose...
Terms Tracker for the Week Ending April 19, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Passover and school spring break starts next week, which most likely means a slowdown in SPAC filing activity. Although Churchill IX is now rumored to...
Despite a week of general pull-backs in the market, fintech firm Ibotta (NYSE:IBTA) nonetheless took the dive and had a good week debuting via a traditional IPO in the choppy waters. The company, which provides app-based consumer cashback discounts on purchases, priced its IPO at $88, above its proposed range of $76 to $84, and...
At the SPAC of Dawn Happy Friday! SPACInsider has unveiled new presets on SPAC Performance accessible via the Data drop-down to easily sort for the highest and lowest performing active SPACs and de-SPACs. On the de-SPAC side, Vertiv (NYSE:VRT) continues to be well ahead of the pack, logging a 710% return by share price adjusted...