VENU to Complete $14 Million Sale-Leaseback on Parking Property on Its Colorado Springs Campus
VENU intends to retire the shares into treasury, thereby reducing the Company’s total outstanding shares. The Company intends to use the proceeds from the sale for construction of its upcoming amphitheaters in
“This transaction and the initial result of the independent appraisal of our Colorado Springs Campus reinforce what we have long believed about the strength of our business model, which is that our real estate portfolio may hold value not fully reflected in our GAAP financial statements, which captures the portfolio at our cost basis but does not reflect any appreciation that may be created through the entitlement, development, and improvement of our properties. Our ability to unlock and monetize that value demonstrates both the quality of our assets and the discipline of our strategy. With VENU having hundreds of millions in unlevered real estate currently on our balance sheet, we believe we are well positioned to create significant liquidity to fund our current and future amphitheater development,” said J.W. Roth, Founder, Chairman, and CEO of VENU.
VENU’s Innovative Business Model Drives Strong, Sustainable Growth
VENU is powered by an innovative financing model that leverages fractional ownership, public–private partnerships, and sale–leaseback structures to create capital-efficient expansion across underserved markets. This approach allows the Company to reduce debt, accelerate development timelines, and retain valuable real estate assets while generating meaningful value through diversified revenue channels including sponsorships, ticketing, premium hospitality, and its signature Luxe FireSuites program. VENU’s model is transforming the economics of live entertainment, setting a new national standard for fan-first experience-driven growth.
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
VENU has been recognized nationally by The Wall Street Journal, The
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 those 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251023394448/en/
VENU Media and Investor Relations
Chloe Polhamus, cpolhamus@venu.live
Source: Venu Holding Corporation