VENU CEO J.W. Roth Signals Accelerating Growth as $86M Capital Raise Surpasses Expectations on Schwab Network’s Opening Bell

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, highlighted today that its Founder, Chairman, and CEO, J.W. Roth joined Schwab Network’s Opening Bell with Nicole Petallides to discuss the Company’s growth, surging fan demand for live entertainment, and strong investor appetite fueling its expansion.

During the interview, Roth highlighted VENU’s recent capital raise, which resulted in gross proceeds of $86.25 million, well above its initial $75 million target, reflecting strong investor confidence in the Company’s model and growth trajectory.

“Investors had an appetite for what we’re building,” said Roth. “It’s an exciting time for VENU and for the live entertainment industry.”

Watch the full interview: - https://bit.ly/4bwBK26

Roth also reinforced VENU’s disciplined financial strategy, highlighting a focus on capital efficiency, low leverage, and long-term value creation as the Company scales. With multiple venues currently under construction and additional projects in development, VENU is positioning itself as a leading builder of large-scale entertainment destinations nationwide.

Looking ahead, Roth shared that VENU expects to develop a total of 20 venues, representing an estimated $6 billion in development over the next five years, further solidifying its position as a category leader in live entertainment infrastructure.

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 Owners 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, 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.