VENU Plans $80 Million Sale-Leaseback Financing for Parking Garage Asset at Sunset Amphitheater in McKinney, Texas

Company seeks to advance national expansion through innovative financing model; Founder personally invested in Company’s first sale-leaseback transaction as part of an approximately $250 million capital strategy

DALLAS--(BUSINESS WIRE)--Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), owner, operator, and developer of premium live entertainment destinations, today announced that it is actively pursuing an $80 million sale-leaseback transaction on the parking garage asset at its Sunset Amphitheater in McKinney, Texas. The planned transaction would mark the continued implementation of a key pillar of the Company’s previously announced financing strategy, alongside public-private partnerships and Luxe FireSuite^® sales, and would represent a key milestone in the Company’s national growth plan.

Building on the recently closed $49.7 million sale-leaseback on the land beneath Ford Amphitheater in Colorado Springs (a transaction in which Company Founder, Chairman, and CEO JW Roth personally invested capital through the acquiring entity) VENU^® now intends to unlock an additional $80 million through this McKinney transaction as part of its broader plan to complete approximately $200 million in additional sale-leaseback structures across its growing portfolio of next-generation, omni-content entertainment destinations.

“We built a model that works and I believe in it enough to put my own money behind it,” said JW Roth, Founder, CEO and Chairman of VENU. “I personally invested in the entity that acquired the Ford Amphitheater land. That is how much conviction I have in this strategy. Now we are doing it again in McKinney, pursuing eighty million dollars from an asset we still control, with proceeds to be redeployed into our in-development projects. We will keep doing this until we have built something this country has never seen in live entertainment.”

The proposed McKinney transaction is a component of the approximately $250 million financing plan across VENU’s current asset base and development pipeline. The Sunset Amphitheater at McKinney, Texas is among two venues approaching opening, alongside the Company’s Broken Arrow, Oklahoma (Tulsa market) location, while projects in Houston and El Paso are under development. The Company recently announced a new planned location in Chattanooga, Tennessee, and is actively exploring expansion into Northern Colorado.

VENU currently operates venues in Colorado Springs, Colorado and Gainesville, Georgia, with a national footprint that continues to grow.

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, Tennessee, 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, Aramark Sports + Entertainment, Tixr, 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, the risk that the contemplated sale-leaseback transaction may not be entered into or completed on the terms described herein, the risk that actual proceeds may be materially less than anticipated, and those risks 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 because of new information, future events or otherwise, except as required by law.