Venu Holding, which owns and operates music venues and restaurants, raised $12 million by offering 1.2 million shares at $10, as expected. The company offered 0.2 million more shares than anticipated.
Formerly known as Notes Live, the company currently operates two music halls and three restaurants in Colorado Springs, CO, and Gainesville, GA, and plans to open several outdoor amphitheaters, restaurants, and bars over the next two years in Colorado, Oklahoma, and Texas.
Venu Holding plans to list on the NYSE American under the symbol VENU. ThinkEquity acted as sole bookrunner on the deal.
