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Venu Holding Corporation Retains Texas Capital Securities As Exclusive Financial Advisor for Potential Private Capital Debt Opportunities with Expected Total Commitments of Approximately $200 Million

via Business Wire

Venu Holding Corporation ("VENU" or the “Company”) (NYSE American: VENU), a developer, owner, and operator of upscale live music venues and premium hospitality destinations, announced today that it has retained TCBI Securities, Inc., doing business as Texas Capital Securities, as the exclusive financial advisor to VENU with respect to potential private capital debt opportunities.

“We are thrilled to have Texas Capital Securities and their private capital advisory professionals join our team. The music business is roaring, and VENU continues to amass a significant backlog of Luxe FireSuite receivables, having sold over $75 million in 2024 and expected to reach $200 million in 2025. Texas Capital Securities is tasked with advising VENU on the creation of debt financing facilities with expected total commitments of approximately $200 million. Unlocking this liquidity will further accelerate the construction of our amphitheaters in McKinney, Texas, El Paso, Texas and Broken Arrow, Oklahoma,” said J.W. Roth, the Company’s Founder, Chairman & Chief Executive Officer.

“Texas Capital Securities is excited to partner with VENU and provide a capital solution that unlocks liquidity and accelerates the execution of VENU’s strategic roadmap, including the development of its premier state-of-the-art music venues,” said Holly Smyth, Managing Director & Co-Head of Private Capital Advisory at Texas Capital Securities.

About Venu Holding Corporation

Venu Holding Corporation ("VENU") (NYSE American: VENU), 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. VENU’s campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 9,750-seat Ford Amphitheater. Expanding with new Sunset Amphitheaters in Oklahoma and Texas, VENU’s upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU’s vision of redefining the live entertainment experience. Click here for company overview.

VENU has been recognized nationally by The Wall Street Journal, The New York Times, Denver Post, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU’s website, Instagram, LinkedIn, or X.

About Texas Capital Securities

TCBI Securities, Inc., doing business as Texas Capital Securities (“TCS”), is a member of FINRA and SIPC and has registered with the SEC, MSRB and other state securities regulators as a broker dealer. TCS is a subsidiary of Texas Capital Bancshares, Inc. (NASDAQ®: TCBI). Securities and other investment products offered by TCS are not FDIC insured, may lose value and are not bank guaranteed. TCS does not provide legal, tax or accounting advice.

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 the Company 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. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

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