Material Agreement, Financial Obligation (Form 8-K)

On July 24, 2025, Hall of Fame Resort & Entertainment Company, a Delaware corporation (the "Company"), and its subsidiaries HOF Village Newco, LLC, a Delaware limited liability company ("Newco"), HOF Village Retail I, LLC, a Delaware limited liability company ("Retail I"), and HOF Village Retail II, LLC, a Delaware limited liability company ("Retail II," and collectively with the Company, Newco and Retail I "Borrowers"), entered into a Ninth Amendment to Note and Security Agreement ("Ninth Amendment"), with CH Capital Lending, LLC, a Delaware limited liability company ("Lender" or "CHCL"). CHCL is an affiliate of Stuart Lichter, a director of the Company.

The Ninth Amendment modifies the definition of "Facility Amount" in Section 1 of the original note and security agreement (as amended prior to the Ninth Amendment) to increase the facility amount from $14,000,000 to $15,000,000 allowing the Borrowers to request an additional $1,000,000 for general corporate purposes, subject to certain restrictions.

The foregoing description of the Ninth Amendment does not purport to be complete and is qualified in its entirety by the full text of the Ninth Amendment, attached hereto as Exhibit 10.1 to this Current Report on Form 8-K.

Item 2.03

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.