Venu Holding Corporation, under the leadership of Founder, Chairman, and CEO J.W. Roth, has announced a significant real estate venture involving the construction of approximately $3 billion worth of venues over the next three to four years. The company recently broke ground on a $350 million amphitheater in McKinney, Texas, touted as the largest fully seated, multi-seasonal amphitheater ever built. This project is part of a public-private partnership with the City of McKinney. Venu's innovative financing model combines public-private partnerships, fractional ownership sales, and sale-leasebacks, with 35-45% of financing sourced from municipal partnerships offering real estate, cash, and tax incentives. The company also secured a $10.25 million equity investment from an institutional investor by issuing Series B 4% Cumulative Convertible Preferred Stock.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。