Venu Holding closes on $35M McKinney land purchase for Sunset Amphitheater, invests $2M in EIGHT Brewing

Venu Holding Corp

On January 14, 2025, Venu closed purchase of 46-acre McKinney Tract for $35M ($10M cash, $25M secured note) to develop The Sunset Amphitheater in McKinney, Texas.
The agreement with City of McKinney and MEDC includes potential reimbursement of purchase price upon receiving certificate of occupancy by specified deadlines.
Construction expected to begin February 2025; amphitheater projected to be concert-ready in second quarter of 2026.
On January 13, 2025, Venu acquired 1,487,099 shares of FL101 Series A Preferred Stock for $1,999,999.45 and entered into an Amended and Restated Shareholders' Agreement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.