Gordon Pointe Acquisition Corp. To Postpone Special Meeting To Allow Additional Time to Complete Closing Conditions
GORDON POINTE ACQUISITION CORP CL A COMMON STOCK (GPAQ)
Company Research
Source: PR Newswire
NEW YORK and NAPLES, Fla., April 29, 2020 /PRNewswire/ -- Gordon Pointe Acquisition Corp. (Nasdaq: GPAQ) ("GPAQ") today announced that it will postpone its special meeting of stockholders (the "Special Meeting") relating to its previously announced pending business combination with HOF Village, LLC ("HOFV"), which was originally scheduled for Monday, May 4, 2020. GPAQ will announce the new date, time and record date for the Special Meeting in a subsequent release. The deadline for GPAQ stockholders to exercise their redemption rights with respect to their shares of Class A common stock in connection with the Special Meeting will also be postponed to two business days prior to the rescheduled meeting date. Despite the parties' continued confidence in completing the business combination, due to market dynamics caused by the Covid-19 pandemic, GPAQ has determined that additional time is needed to satisfy the conditions to closing set forth in the Merger Agreement. GPAQ's special meeti
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