Venu Holding Corporation Reports Second Quarter Fiscal 2026 Financial Results

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Aug 13, 2026--

Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), owner, operator, and developer of premium live entertainment destinations, today announced results for its second quarter and six-month period ended June 30, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260813000891/en/

“This quarter reflected steady, deliberate progress across our business,” said J.W. Roth, Founder, Chairman, and Chief Executive Officer of VENU. “We announced our expansion plans into Chattanooga and are in active discussions on a new destination in Northern Colorado, adding to a pipeline of more than 45 municipal conversations. Regent Bank signed on as the official naming rights partner for our state-of-the-art amphitheater outside of Tulsa, Oklahoma a multi-year, multi-million-dollar agreement that adds long-term, high-margin revenue directly to our bottom line, and finishing the quarter we were added to the Russell 3000 ® and Russell 2000 ® indices.

Since quarter end, we've also sharpened how we finance venues to completion, as we aim to move away from sale-leaseback to C-PACE financing, which keeps our real estate on the balance sheet and minimizes shareholder dilution, bridged by a short-term loan with Ryan LLC and a debenture financing that are both structured to be retired after C-PACE closes.

Our attention is squarely on the finish line at Regent Bank Amphitheater, which opens this fall with bookings, offers, and shows in progress. Sunset Amphitheater McKinney is right behind it, where construction continues to move rapidly. We look forward to sharing more in the weeks ahead.”

Financial Highlights for the Second Quarter of 2026 and the Six-Month Period Ended June 30, 2026

Operational and Strategic Highlights for the Second Quarter Fiscal 2026:

Capital Markets & Financing

Venue Development & National Expansion

Subsequent Events: July 1, 2026, through August 13, 2026

Balance Sheet & Financing Activity

Strategic Advisors & Operating Partnerships

Conference Call Details

About Venu Holding Corporation

Venu Holding Corporation ("VENU") (NYSE American: VENU) is a premier owner, developer, and operator of luxury, experience-driven entertainment destinations. Founded by Colorado Springs entrepreneur J.W. Roth, VENU ® has a portfolio of premium brands that includes Ford Amphitheater, Sunset Amphitheaters, Phil Long Music Hall, The Hall at Bourbon Brothers, Bourbon Brothers Smokehouse and Tavern, Aikman Owners Clubs, and Roth’s Sea & Steak. With venues operating and in development across Colorado, Georgia, Oklahoma, Tennessee, and Texas and a nationwide expansion underway, VENU is setting a new standard for live entertainment.

VENU has been recognized nationally by The Wall Street Journal, Forbes, The New York Times, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents, NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, Aramark Sports + Entertainment, Tixr, Niall Horan, and Dierks Bentley, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU’s website, Instagram, LinkedIn, or X.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While Venu believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. Venu expressly disclaims any obligation to update or alter statements whether because of new information, future events or otherwise, except as required by law.

Non-GAAP Financial Measures (1)

Net Tangible Asset Value Per Common Share

Net Tangible Asset Value Per Common Share, as presented, is a non-GAAP financial measure. We define Net Tangible Asset Value Per Common Share as total assets, excluding intangible assets, less total liabilities, divided by common shares outstanding. Management believes this measure provides useful information regarding the tangible asset value attributable to holders of the Company’s common shares and may assist investors in evaluating the Company’s financial position and the value of its tangible assets on a per-share basis. Net Tangible Asset Value Per Common Share may also be useful when considering values based on mark to market basis or as-completed appraisal basis.

Appraisal Disclosures (2)

These appraisals used the cost basis, income, and comparable sales approaches to valuation and, after reconciliation, came to the appraised values of the properties. These approaches to valuation are commonly used approaches to value for appraisal of commercial properties, as opposed to assigning a valuation on the properties based solely on the cost basis of the properties. The total appraisal includes two Colorado Springs parcels later sold through sale-leaseback transactions: a 5.5-acre parking lot, appraised at $9.2 million and sold in November 2025 for $14 million, and a 9.5-acre lot, appraised and sold at approximately $50 million and sold in June 2026. It is important to understand that the appraisal of VENU’s properties takes into account, among other factors, the valuation of the Company’s real estate and developments at a specific point in time, and the appraised value is subject to (and likely to) change at any time, whether it increases or decreases, and such changes could be caused by macro and micro factors over which we have no control. The appraisal of the property portfolio is only an estimate of its value as to the date of the appraisal and based only on the specific appraisal methodologies and should not be relied upon as a measure of its realized value or the value at which any property could be sold to a third party. Other appraisal methodologies may yield materially different appraised value. Furthermore, the appraised value of the properties differs from the values assigned to it under generally accepted accounting principles in the United Stated (“GAAP”), which require the values of the properties to be valued at their cost basis for financial presentation purposes, and therefore the appraised values represent an unaudited measure that may not represent fair value, as defined under GAAP, and such values and appraisals are not, and will not be, subject to audit or other review procedures by our outside independent accountants.

The opinions expressed in the appraisal are based on estimates and forecasts that are prospective in nature and subject to certain risks and uncertainties. Events may occur that could cause the performance of the properties to materially differ from the estimates utilized by the appraiser, such as changes in the economy, interest rates, capitalization rates, the financial strength of the live-music and entertainment industries, and the behavior of event attendees, investors, lenders, and municipalities. The Company reviews each appraisal of its properties to confirm that the information provided to the appraiser is accurately reflected in the appraisal, but it does not validate the methodologies, inputs, and professional judgment utilized by the certified appraiser.

 

VENU Total Assets Increased $141.2 million to $511.8 million, Up 38% from Year-End 2025

JERUSALEM (AP) — The U.S. ambassador to Israel on Thursday condemned a siege by Israeli settlers of a Palestinian American family's home in the Israeli-occupied West Bank, calling it a “horrific act of terror.”

Mike Huckabee's remarks on X represented an unusually sharp rebuke from the Trump administration of the latest episode in a surge of settler violencein the region.

Starting Sunday, settlers gathered around three houses in the village of Qusra, including one belonging to Palestinian American Loui Ridi, according to local officials, Ridi and Ridi's brother. At times numbering dozens, the settlers threw stones, attempted to bring down a stone wall nearby, and prevented the occupants from leaving as their food and water dwindled.

On Thursday morning, Ridi's brother, Qusai Abu Rida, who had holed up in the house with his own teenage son to defend it, said they were moved by Israel’s military to another home but still cannot leave the area.

The military declined to confirm whether it moved the pair and other residents. But Israeli troops have intervened in recent days to try to restore order. The military said Thursday that its troops dismantled “two illegal outposts” on the outskirts of Qusra and a nearby village, and detained one Israeli. It added that additional soldiers had gone to the area, which is about 16 kilometers (10 miles) from the Palestinian city of Nablus, to “carry out defensive missions and patrols.”

Qusra Mayor Abdel Azim Wadi said that Israeli forces evacuated seven homes in total to take positions in the village. The settlers, though removed from their outposts, remain in other parts of the village, he added.

Journalists on the outskirts of Qusra said roads into the village were closed on Thursday afternoon. Israeli police did not immediately respond to questions about whether any detained Israelis had been arrested.

Palestinians and the Israeli opposition accuse Prime Minister Benjamin Netanyahu’s hard-line government of turning a blind eye to attacks by settlers against Palestinians as clashes have surged in the last few years. Huckabee is a longtime ally of Israel’s settler movement and in the past has expressed support for Israeli control over the occupied West Bank, while condemning settler violence.

“Actions by those who carried out this horrific act of terror meant to intimidate and harass this family are disgusting,” Huckabee said in his post, noting that the embassy has been coordinating with the Israeli military and police.

Settlers began their siege of the homes Sunday, blocking the doors and preventing inhabitants from leaving, Abu Rida said. Israel’s military condemned the siege as “illegal, reprehensible, and unacceptable” on Tuesday and declared the area a closed military zone. But by Wednesday, dozens of settlers had returned and begun to block the road with rocks.

Speaking to The Associated Press by phone on Wednesday from Ohio, where he lives, Ridi, said his 48-year-old brother and nephew had not had access to new food or water supplies for several days.

Ridi said that settlers have been targeting his home for months before the situation escalated in recent days, saying they had cut off the water and electricity to his house and thrown stones, causing damage to the property.

“We are prisoners in our own house, hostages in our own house,” he said.

Qusra is in one of the most violent pockets of the northern West Bank, surrounded by settlements.

Last month, a mosque in Qusra was set on fire in another apparent settler attack. That followed the killing of an Israeli settler, triggering violence that left two Israeli soldiers and four Palestinian villagers dead.

Settlers have been building more outposts in an effort condemned by many in the international community as aimed at dismantling any remaining hopes of establishing a Palestinian state in the occupied West Bank.

The Palestinians seek the West Bank, captured by Israel in the 1967 war, as part of a future state. Many settlers and their supporters say the entire area should belong to Israel for historical, religious and security reasons.

This story has been updated to correct the first name of the homeowner to Loui.

Associated Press writers Sam Mednick and Giovanna Dell'Orto contributed from Jerusalem. Koral Saeed contributed reporting from Herzliya, Israel.

Israeli soldiers stand guard next to settlers in front of Palestinian homes that they have blockaded in the village of Qusra, south of Nablus, in the occupied West Bank, Wednesday, Aug. 12, 2026. (AP Photo/Nidal Eshtayeh)

Israeli soldiers stand guard next to settlers in front of Palestinian homes that they have blockaded in the village of Qusra, south of Nablus, in the occupied West Bank, Wednesday, Aug. 12, 2026. (AP Photo/Nidal Eshtayeh)