Venu Holding enters binding LOI with Aramark for amphitheater services; $10.125M equity investment

Venu Holding Corp

Aramark to provide exclusive food, beverage, retail, and maintenance services at Ford Amphitheater and two Sunset Amphitheaters (McKinney, TX and Tulsa, OK).
Aramark commits $10.125M equity investment in Series B convertible preferred (stated value $15,000; converts at $15/share); closing targeted June 16, 2025.
KWO, a shareholder, converted $10M loan into 1,007,292 common shares at $10/share, releasing security interest in real property assets.
Service agreements include management fee based on gross receipts, profit share, and right of first refusal for future Venu amphitheaters.

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