VENU launches fractional ownership program with 11% preferred return

Venu Holding Corporation (NYSE American: VENU) announced the launch of its FireSuite Income Offering, a fractional ownership program that allows accredited investors to purchase interests in the company's FireSuite entertainment venues with a minimum investment of $20,000.

The offering provides participants with fractional ownership in a portion of VENU's Luxe FireSuites across venues under development. The program offers an 11% preferred annual return, buyback options at years 5, 10, and 15, and K-1 depreciation pass-through tax treatment upon operations.

The launch adds up to $54 million in new offering capacity to VENU's platform, with 5.4 million units available at $10 per unit. According to the company, it has generated more than $262 million in FireSuite sales since launching the opportunity.

"We built the FireSuite program from the ground up and it has resonated with investors in a way that frankly exceeded our own expectations," said J.W. Roth, founder, chairman, and CEO of VENU. "The FireSuite Income Offering is a natural next step — the same underlying asset, the same 11% preferred return, the same liquidity options, and at an entry point that works for a much wider group of investors."

The program operates alongside VENU's existing $300+ million Luxe FireSuite Triple Net offering, which provides full suite ownership with a 15-year absolute net lease and features NFL Hall of Famer Troy Aikman as national spokesperson.

VENU operates as an owner, operator, and developer of live entertainment destinations. The company has venues under development in Broken Arrow, Oklahoma; McKinney, Texas; El Paso, Texas; Houston, Texas; Centennial, Colorado; and Chattanooga, Tennessee.

The securities offering is limited to accredited investors and is being conducted under exemptions from registration provided by federal securities laws, according to the company's statement.

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