Venu sells 9.5 acres under Ford Amphitheater for $49.7M, enters new ground lease

Venu Holding Corp

Sold 9.5 acres under Ford Amphitheater to related-party ORF for $49.7M; $29.82M cash and $19.88M promissory note bearing 4.87% interest.
Issued warrants to purchase up to 5M shares of common stock at $3.79 per share to ORF.
Repurchased ~$10M worth of common stock from CEO/shareholder via stock transfer agreements; shares retired to treasury.
Entered new 25-year ground lease at annual rent of $4.2245M (up from $3.222M), with 10% escalator every 5 years; company retains operational control.
Restructured relationship with AEG Presents under new lease agreements; economic terms substantially unchanged, no material impact expected.

item 1.01 item 1.02 item 3.02 item 8.01 item 9.01

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 Stock Transfer Agreements with Shareholder and entity wholly owned by Shareholder valued at transfer of shares valued at approximately $10,000,000 (effective 2025-06-05).

Action: entry
Agreement: equity purchase
Counterparty: Shareholder and entity wholly owned by Shareholder
Value: transfer of shares valued at approximately $10,000,000
Effective: 2025-06-05

Exact text from the filing

Concurrently with the closing of the Sale, and in connection with the PSA to, among other things, facilitate the Loan and to satisfy a condition of the lender, the Company and the Subsidiary entered into Stock Transfer Agreements (collectively, the “ STAs ”) on the Closing Date with each of the Shareholder and an entity wholly owned by the Shareholder (together, the “ Transferors ”).

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

Venu Holding Corp entered into Purchase and Sale Agreement with O'Neil Roth Ford, LLC valued at purchase price of $49,700,000 (effective 2025-06-05).

Action: entry
Agreement: asset purchase
Counterparty: O'Neil Roth Ford, LLC
Value: purchase price of $49,700,000
Effective: 2025-06-05

Exact text from the filing

On June 5, 2026 (the “ Closing Date ”), Notes CS I, DST (the “ Subsidiary ”), a Delaware statutory trust and a controlled subsidiary of Venu Holding Corporation (the “ Company ”), entered into a Purchase and Sale Agreement dated June 5, 2026 (the “ PSA ”) with O’Neil Roth Ford, LLC, a Colorado limited liability company (“ ORF ”).

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

Venu Holding Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-028302

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