Venu Holding Pursues $80M Sale-Leaseback Transaction On Parking Garage Asset At Sunset Amphitheater In McKinney, Texas

Alkermes Public Limited Company
Venu Holding Corporation

Alkermes Public Limited Company

ALKS

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Venu Holding Corporation

VENU

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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

Venu Holding Corporation ("VENU" or the "Company") (NYSE: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.