Venu Holding Prices $30mln Public Offering at $12/Share

Venu Holding has announced the pricing of a $30 million public offering, selling 2,500,000 shares of common stock at $12.00 per share. The gross proceeds of the offering will be $30 million, before deducting the underwriting discount and offering expenses.

Venu Holding Corporation (NYSE American: VENU) has announced the pricing of an underwritten public offering of 2,500,000 shares of common stock. Each share is being sold to the public at a price of $12.00 per share, resulting in gross proceeds of $30 million before deducting the underwriting discount and offering expenses [1][2][3].

The company has granted the underwriters a 45-day option to purchase up to an additional 375,000 shares to cover over-allotments at the public offering price, less the underwriting discount. The offering is expected to close on August 28, 2025, subject to satisfaction of customary closing conditions [1][2][3].

Venu Holding intends to use the net proceeds from the offering to fund a portion of the development costs of the Sunset McKinney and the Sunset Broken Arrow, as well as for working capital and other general corporate purposes [1][2][3].

ThinkEquity is acting as the sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-289800) relating to the securities was filed with the Securities and Exchange Commission (SEC) and became effective on August 26, 2025 [1][2][3].

About Venu Holding Corporation

Venu Holding Corporation, founded by Colorado Springs entrepreneur J.W. Roth, is a premier hospitality and live music venue developer dedicated to building luxury, experience-driven entertainment destinations. The company's campuses in Colorado Springs, Colorado, and Gainesville, Georgia, feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and the unique Ford Amphitheater and Roth’s Sea and Steak in Colorado Springs. Venu Holding is expanding with new Sunset Amphitheaters in Oklahoma and Texas, which will host between 12,500 and 20,000 guests [1][2][3].

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict [1][2][3].

References

[1] Seeking Alpha. (2025). Venu Holding announces pricing of $30 million public offering. Retrieved from https://seekingalpha.com/news/4489365-venu-holding-announces-pricing-of-30-million-public-offering

[2] Business Wire. (2025). Venu Holding Corporation announces pricing of $30 million public offering. Retrieved from https://www.businesswire.com/news/home/20250826047964/en/Venu-Holding-Corporation-Announces-Pricing-of-%2430-Million-Public-Offering

[3] Morningstar. (2025). Venu Holding Corporation announces pricing of $30 million public offering. Retrieved from https://www.morningstar.com/news/business-wire/20250826047964/venu-holding-corporation-announces-pricing-of-30-million-public-offering