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.
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