Attached files

file filename
EX-10.21 - AMENDMENT NO. 1, DATED DECEMBER 22, 2020, TO EMPLOYMENT AGREEMENT BETWEEN ERICA - Hall of Fame Resort & Entertainment Coea134738ex10-21_halloffame.htm
EX-10.19 - AMENDMENT NO. 1, DATED DECEMBER 22, 2020, TO EMPLOYMENT AGREEMENT BETWEEN ANNE G - Hall of Fame Resort & Entertainment Coea134738ex10-19_halloffame.htm
EX-23.2 - CONSENT OF MARCUM LLP - Hall of Fame Resort & Entertainment Coea134738ex23-2_halloffame.htm
EX-23.1 - CONSENT OF MARCUM LLP - Hall of Fame Resort & Entertainment Coea134738ex23-1_halloffame.htm
EX-10.38 - SECURITIES PURCHASE TERM SHEET, DATED JANUARY 28, 2021, BETWEEN HALL OF FAME RES - Hall of Fame Resort & Entertainment Coea134738ex10-38_halloffame.htm
EX-10.36 - LETTER AGREEMENT, DATED AS OF DECEMBER 1, 2020, BY AND AMONG HALL OF FAME RESORT - Hall of Fame Resort & Entertainment Coea134738ex10-36_halloffame.htm
EX-10.20 - AMENDMENT NO. 1, DATED DECEMBER 22, 2020, TO EMPLOYMENT AGREEMENT BETWEEN TARA C - Hall of Fame Resort & Entertainment Coea134738ex10-20_halloffame.htm
EX-10.18 - AMENDMENT NO. 1, DATED DECEMBER 22, 2020, TO EMPLOYMENT AGREEMENT BETWEEN JASON - Hall of Fame Resort & Entertainment Coea134738ex10-18_halloffame.htm
EX-10.17 - AMENDMENT NO. 1, DATED DECEMBER 22, 2020, TO EMPLOYMENT AGREEMENT BETWEEN MICHAE - Hall of Fame Resort & Entertainment Coea134738ex10-17_halloffame.htm
EX-10.16 - AMENDMENT NO. 1, DATED DECEMBER 22, 2020, TO EMPLOYMENT AGREEMENT BETWEEN MICHAE - Hall of Fame Resort & Entertainment Coea134738ex10-16_halloffame.htm
EX-10.2 - DIRECTOR NOMINATING AGREEMENT - Hall of Fame Resort & Entertainment Coea134738ex10-2_halloffame.htm
EX-1.1 - FORM OF UNDERWRITING AGREEMENT - Hall of Fame Resort & Entertainment Coea134738ex1-1_halloffame.htm
S-1 - REGISTRATION STATEMENT - Hall of Fame Resort & Entertainment Coea134738-s1_halloffame.htm

Exhibit 5.1

 

  Hunton Andrews Kurth LLP
File No: 123601.0000001
   
February 5, 2021

 

Hall of Fame Resort & Entertainment Company

2626 Fulton Drive NW

Canton, Ohio 44718

 

Hall of Fame Resort & Entertainment Company

Registration Statement on Form S-1

 

Ladies and Gentlemen:

 

We have acted as counsel to Hall of Fame Resort & Entertainment Company, a Delaware corporation (the “Company”), in connection with the preparation and filing by the Company of a Registration Statement on Form S-1 (the “462(b) Registration Statement”), with the Securities and Exchange Commission (the “Commission”) pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the “Securities Act”). The 462(b) Registration Statement incorporates by reference the Company’s Registration Statement on Form S-1 (File No. 333-04117) (the “Initial Registration Statement” and together with the 462(b) Registration Statement, the “Registration Statement”). The 426(b) Registration Statement relates to the offer and sale by the Company of up to $28,750,000 aggregate maximum offering price of shares of the Company’s common stock, par value $0.0001 per share (the “Shares”). The Shares are to be sold to the underwriter for resale to the public as described in the Registration Statement and pursuant to the underwriting agreement, a form of which is included as an exhibit to the Registration Statement (the “Underwriting Agreement”). Capitalized terms used herein but not otherwise defined have the same meanings provided in the Registration Statement.

 

The Shares will be issued by the Company pursuant to the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) and sold as set forth in the Registration Statement, the prospectus contained therein (the “Prospectus”) and any amendments or supplements thereto.

 

This opinion letter is being furnished in accordance with the requirements of Item 16 of Form S-1 and Item 601(b)(5)(i) of Regulation S-K.

 

In connection with this opinion letter, we have examined originals or copies, certified or otherwise identified to our satisfaction, of such documents and records of the Company, certificates of public officials and officers of the Company and such other documents, certificates and records as we have deemed necessary to render the opinions set forth herein, including, among other things, (i) the Certificate of Incorporation, (ii) the Company’s Amended and Restated By-Laws, as amended through the date hereof, (iii) the Registration Statement, (iv) resolutions of the Company’s Board of Directors and (v) a certificate issued by the Secretary of State of the State of Delaware (the “Secretary of State”) on the date hereof to the effect that the Company is existing under the laws of the State of Delaware and in good standing (the “Good Standing Certificate”).

 

 

 

 

 

ATLANTA AUSTIN BANGKOK BEIJING BOSTON BRUSSELS CHARLOTTE DALLAS DUBAI HOUSTON LONDON

LOS ANGELES MIAMI NEW YORK NORFOLK RICHMOND SAN FRANCISCO THE WOODLANDS TYSONS WASHINGTON, DC

www.HuntonAK.com

 

 

 

 

Hall of Fame Resort & Entertainment Company

February 5, 2021

Page 2 

 

For purposes of the opinions expressed below, we have assumed (i) the legal capacity of all natural persons, (ii) the genuineness of all signatures, (iii) the authenticity of all documents submitted to us as originals, (iv) the conformity to authentic original documents of all documents submitted to us as certified, electronic or photostatic copies and (v) the due authorization, execution and delivery of all documents by all parties and the validity, binding effect and enforceability thereof on such parties (other than the authorization, execution, delivery and enforceability of certain documents by the Company).

 

As to factual matters, we have relied upon, and assumed the accuracy of, representations included in the documents submitted to us, upon certificates of officers of the Company and upon certificates of public officials, without independent verification of their accuracy.

 

Based upon the foregoing and such other information and documents as we have considered necessary for the purposes hereof, and subject to the assumptions, qualifications and limitations stated herein, we are of the opinion that:

 

1.  The Company is a corporation validly existing and in good standing under the laws of the State of Delaware.

 

2.  The Shares have been duly authorized for issuance and, when and to the extent issued and sold against payment therefor in accordance with the terms of the Underwriting Agreement and the Certificate of Incorporation, the Shares will be validly issued, fully paid and nonassessable.

 

The opinions expressed above are limited to the General Corporation Law of the State of Delaware and the laws of the State of New York in effect on the date hereof. We do not express any opinion as to the laws of any other jurisdiction.

 

The opinion set forth in paragraph 1 above as to the valid existence and good standing of the Company is based solely upon our review of the Good Standing Certificate.

 

We hereby consent to the filing of this opinion letter with the Commission as an exhibit to the Registration Statement and the reference to our firm under the heading “Legal Matters” in the Prospectus and the Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section 7 of the Securities Act or the rules and regulations of the Commission promulgated thereunder.

 

This opinion letter is rendered as of the date hereof, and we disclaim any obligation to advise you of facts, circumstances, events or developments that hereafter may be brought to our attention and that may alter, affect or modify the opinion expressed herein. This opinion letter is expressly limited to the matters set forth above and we render no opinion, whether by implication or otherwise, as to any matters beyond the matters expressly set forth herein.

 

 Very truly yours,
   
  /s/ Hunton Andrews Kurth LLP