110 Investors in American Ventures Projects Declare Full Understanding of Investment Terms, Directly Contradicting Claims Made by Litigants

AUSTIN, Texas--(BUSINESS WIRE)--American Ventures, a Texas-based real estate investment and development firm, today announced that 110 investors across its Elgin, Texas and San Marcos, Texas development projects have formally affirmed that they understood the terms, structure, and disclosures of their investments directly contradicting claims recently advanced by four litigants against the company.

This latest development builds on a prior public show of investor support. On April 2, 2026, American Ventures announced via Business Wire that “More Than 80 Investors Formally Express Confidence in Firm’s Leadership, Transparency, and Integrity” — a demonstration that drew widespread attention and reinforced the strength of the investor community’s relationship with the firm.

The investor affirmations confirm that investors reviewed the Private Placement Memorandum and related offering materials, understood the double-close transaction structure employed in the San Marco and Elgin projects, were aware of related-party disclosures, and made their investment decisions voluntarily and independently. Investors further affirmed that they had not experienced any misrepresentation of price or structure, and that funds have been used consistently with advancing the projects.

“We are deeply grateful for the trust and support of our investor community,” said Shravan Parsi, Founder and CEO of American Ventures. “The fact that 110 investors have come forward to affirm their full understanding of our transaction structures speaks volumes. These are accredited investors, sophisticated, informed individuals who reviewed our materials thoroughly, asked the right questions, and made sound investment decisions. We appreciate their continued confidence and remain fully committed to resolving any outstanding issues and bringing both the Elgin and San Marcos projects to a successful completion.”

About the Elgin, Texas Project

American Ventures’ Elgin development encompasses approximately 46 acres along U.S. 290, a high-visibility corridor positioned to serve as a gateway to the City of Elgin. The project received approval of an Economic Development Agreement from the Elgin City Council in December 2025, entered into a partnership with the Elgin Economic Development Corporation (EEDC). The mixed-use destination is planned to include retail and dining, hospitality and entertainment, and complementary commercial components. The development is projected to generate approximately 600 jobs during construction

Economic Impact

• Approximately $250 million total development value

• Approximately 400 permanent jobs

• Significant new retail, housing, and hospitality investment for Bastrop County

About the San Marcos, Texas Project

American Ventures’ “The District at San Marcos” is a planned 100-acre mixed-use community near East McCarty Lane and Rattler Road. The project will integrate 1,196 multifamily apartment units, 44 townhomes, 84 single-family homes, 120 build-to-rent homes, a 130-room hotel, and over 144,000 square feet of retail and office space, along with public greenbelts and pedestrian trails anchored by a minor league baseball stadium which serves as indoor and outdoor entertainment venue for the city and the community. Positioned on Interstate 35 between Austin and San Antonio, the development is designed to serve one of the nation’s fastest-growing regional corridors.

Economic Impact

• Approximately $600 million total development value

• $6–8 million annually in new property tax revenue at full build-out

• $1.5–2 million annually in sales tax revenue

• Approximately 600 permanent jobs and 1,200 total direct and indirect jobs

• Significant expansion of hospitality and tourism for the region

About American Ventures

American Ventures is a privately held real estate development and investment firm specializing in large-scale mixed-use, retail, hospitality, entertainment, and commercial projects in high-growth markets across Texas and the United States. Founded and led by CEO Shravan Parsi, the firm has built a strong track record of acquiring and developing real estate projects throughout Texas. American Ventures is known for developing transformational developments that act as economic catalysts for cities and regions, working in close partnership with municipalities, economic development corporations, and strategic partners.

For more information, visit www.americanventures.com

IMPORTANT DISCLAIMERS AND REGULATORY NOTICES

This press release is issued for informational and communications purposes only. It does not constitute an offer to sell, or a solicitation of an offer to buy, any security, investment product, or interest in any fund or investment vehicle managed or sponsored by American Ventures or any of its affiliates. Any offering of securities is made only by means of a private placement memorandum or other offering documents, which contain important information about investment objectives, risks, fees, and expenses, and which must be read carefully before investing.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investing in real estate development projects involves significant risks, including but not limited to: the risk of loss of all or a substantial portion of invested capital; illiquidity; lengthy investment horizons; market and economic risks; construction, permitting, and regulatory risks; interest rate risk; and risks associated with leverage and financing. Real estate values can decline and individual projects may not perform as projected.

The investor testimonials and statements of support referenced in this release reflect the personal opinions and individual experiences of those investors as of the date stated. They have not been independently verified, are not representative of the experience of all investors, and should not be construed as a guarantee of future performance or results. Investors may have differing experiences. Testimonials may be subject to conflicts of interest.

American Ventures and its affiliates are not registered as investment advisers with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. This release does not constitute investment advice or a recommendation to buy or sell any security. Prospective investors should consult with their own legal, tax, and financial advisors before making any investment decision.

Securities, to the extent offered, are offered in reliance upon applicable exemptions from registration under the Securities Act of 1933, as amended, including but not limited to Section 4(a)(2) thereof and Regulation D promulgated thereunder, and are not registered with the SEC or any state securities authority.

This release may contain forward-looking statements that reflect management’s current views and estimates. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. American Ventures undertakes no obligation to update or revise any forward-looking statements.

If you have received this release in error, or if you are not an accredited investor, you should not rely upon the contents of this release for any investment purpose.