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

About this update from Venu Holding Corporation

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, June 15, 2026--(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, ...

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