VENU Closes $86.25 Million Capital Raise to Fuel Expansion

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260312351468/en/

NYSE Opening Bell Ceremony January 21, 2025 | J.W. Roth Founder, Chairman, and CEO of VENU NYSE AMERICAN: VENU | Photo Credit: Ben Hider

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.