Martin Kjellberg

Steve Emerson

- **Venu Holding Corporation (VENU) launched its "Artist 280" travel services on October 17, 2025**, to provide **first-class private air and travel services** to music artists performing at its venues.  **[1770501_0001493152-25-018465_ex99-1.htm:0]** 
- This initiative is expected to generate **significant cost efficiencies** by replacing third-party travel providers, with over **200 annual shows** anticipated from initial amphitheaters by **2027**.  **[1770501_0001493152-25-018465_ex99-1.htm:0]** 
- Artist 280, a wholly-owned subsidiary, will operate an **owned aircraft** (partially funded by a **PNC Bank loan** in September 2025) through an FAA-certified air carrier.  **[1770501_0001493152-25-018465_form8-k.htm:2]**

Venu Holding Corporation Launches Artist 280 Travel Services

- Venu Holding Corporation priced an underwritten public offering of **2,500,000** shares of common stock at **$12.00** per share, generating **$30 million** in gross proceeds.  **[1770501_0001641172-25-025825_form8-k.htm:0]** **[1770501_0001641172-25-025825_ex99-1.htm:0]** 
- The company also granted the underwriters a 45-day option to purchase up to an additional **375,000** shares to cover over-allotments.  **[1770501_0001641172-25-025825_form8-k.htm:0]** **[1770501_0001641172-25-025825_ex99-1.htm:0]** 
- The offering closed on **August 28, 2025**, with the full exercise of the over-allotment option, resulting in a total of **2,875,000** shares sold for gross proceeds of **$34,500,000**.  **[1770501_0001641172-25-025825_ex99-2.htm:0]** **[1770501_0001641172-25-025825_form8-k.htm:1]** 
- The net proceeds to the company, approximately **$32.0 million**, will be used to fund development costs for the Sunset McKinney and Sunset Broken Arrow, and for working capital and other general corporate purposes.  **[1770501_0001641172-25-025825_ex99-1.htm:0]** **[1770501_0001641172-25-025825_ex99-2.htm:0]** **[1770501_0001641172-25-025825_form8-k.htm:1]**

Venu Holding (VENU)