Venu subsidiary enters $20M purchase agreement for Chattanooga amphitheater land

Venu Holding Corp

Purchase price $20M for ~15 acres in Chattanooga, TN; closing targeted by Dec 31, 2026.
Funding from development incentives, pre-sold suite revenue, and a ticket fee participation agreement.
Conditions include development agreement with local governments, minimum $[***] incentives, and pre-selling at least [***] suites.
Seller must also arrange Hamilton County transfer of an additional parcel (Block 21) to Purchaser.
Purchaser has sole discretion to waive any unsatisfied contingencies; earnest money $10,000.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Venu Holding Corp entered into Purchase Agreement with West End Property, LLC and WE SPE III, LLC (collectively, "Seller") valued at $20.0 million (effective 2026-05-08).

Action: entry
Agreement: asset purchase
Counterparty: West End Property, LLC and WE SPE III, LLC (collectively, "Seller")
Value: $20.0 million
Effective: 2026-05-08

Exact text from the filing

On May 8, 2026, Sunset at Chattanooga, LLC (" Purchaser "), a wholly owned subsidiary of Venu Holding Corporation (the " Company "), entered into a Purchase and Sale Agreement (the " Purchase Agreement ") with West End Property, LLC and WE SPE III, LLC (collectively, " Seller ") to acquire an approximately 15-acre parcel of real property in Chattanooga, Tennessee (the " Property ").

View on SEC.gov

242 material agreements filed in the last 30 days. Browse all material agreements →

Venu Holding Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-022798

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 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.