VENU Closes $86.25 Million Capital Raise to Fuel Expansion

Investor demand surges for VENU’s next-gen live entertainment platform

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Venu Holding Corporation (“VENU” or the “Company”) (NYSE American: VENU), owner, operator, and developer of premium entertainment and hospitality destinations, today announced the successful closing of a capital raise resulting in gross proceeds of $86.25 million. The financing, driven by significant investor demand, strengthens the Company’s balance sheet and supports its ongoing expansion.

The offering marks a major milestone for the Company and reflects strong institutional and retail investor demand for VENU’s differentiated live entertainment platform and innovative financing strategy. The financing was completed during a period of significant volatility in the broader financial markets, underscoring strong investor conviction in VENU’s diverse, long-term growth strategy.

With the successful completion of the offering, VENU further strengthens its balance sheet and positions the Company to accelerate the development of its projects currently underway across high-growth U.S. markets in Colorado, Texas, and Oklahoma.

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To hear more about the successful raise and VENU’s growth strategy, watch a video message from Founder, Chairman, and CEO J.W. Roth.

Watch the video message: https://bit.ly/4svjT2G

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“The market is hungry, and this raise proves it,” said J.W. Roth, Founder, Chairman, and CEO of VENU. “We’ve created a model to scale premium entertainment destinations across the country, and investors are recognizing the opportunity. The fire is catching, and we’re just getting started.”

A Capital Efficient Model Built to Scale

VENU has pioneered a capital-efficient approach to developing premium destinations by primarily integrating complementary funding sources:

• Strategic public-private partnerships with municipalities seeking to drive tourism and economic development
• Fractional ownership of VENU’s signature Luxe FireSuites.
• Institutional capital market participation
• Other lending and financing instruments

These differentiated structures reduce reliance on traditional venue financing while creating what VENU projects to be a repeatable model capable of supporting development across multiple markets simultaneously.

Scaling a National Entertainment Platform

VENU continues advancing developments across Colorado, Texas, and Oklahoma while expanding its pipeline of new entertainment destinations nationwide.

With seven markets currently operating or under development, the Company is pursuing a long-term goal to establish VENU destinations in a total of 40 markets across the United States.

Across VENU’s operating venues and current developments, the Company projects $21.6 billion in total economic development impact, generating tourism, supporting local hospitality businesses, increasing hotel occupancy, and creating long-term tax revenue for municipalities.

Through the combination of capital market participation, municipal partnerships, fractional ownership, and other lending and financial instruments, VENU believes it has created a repeatable development framework capable of supporting simultaneous venue development across multiple markets.

Positioned for the Growth of Live Entertainment

The live entertainment industry continues to experience strong global growth as audiences increasingly prioritize shared experiences and destination venues.

Goldman Sachs projects that the global live music market will reach approximately $40.6 billion in 2026, growing roughly 10% year-over-year.

VENU is capitalizing on this momentum by developing next-generation entertainment destinations designed as multi-seasonal, multi-configuration venues operating under its omni-content model. These venues are built to host concerts, immersive entertainment, festivals, AI-powered experiences, premium hospitality events, and community programming throughout the year.

About Venu Holding Corporation

Venu Holding Corporation (“VENU”) (NYSE American: VENU) is a premier owner, developer, and operator of luxury, experience-driven entertainment destinations. Founded by Colorado Springs entrepreneur J.W. Roth, VENU has a portfolio of premium brands that includes Ford Amphitheater, Sunset Amphitheaters, Phil Long Music Hall, The Hall at Bourbon Brothers, Bourbon Brothers Smokehouse and Tavern, Aikman Clubs, and Roth’s Sea & Steak. With venues operating and in development across Colorado, Georgia, Oklahoma, and Texas and a nationwide expansion underway, VENU is setting a new standard for live entertainment.

VENU has been recognized nationally by The Wall Street Journal, The New York Times, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents, NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, Billboard, Aramark Sports + Entertainment, Tixr, Boston Common Golf, and VENU shareholders Niall Horan, and Dierks Bentley, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU’s website, Instagram, LinkedIn, or X.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While Venu believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. Venu expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.