
Virginia Beach Arena Project Overview The Virginia Beach Arena Corporation is exploring the potential development of a 20,000-seat multipurpose arena in Virginia Beach. This project is intended to be 100% privately funded and may include opportunities for residents to invest and become stakeholders. Investment would provide true equity in the company, with certain classes of shares carrying voting rights on select matters. The arena is envisioned as a year-round hub for sports, concerts, family shows, and entertainment. Community Investment Structure Potential Offering: The company may pursue a Regulation CF and/or Regulation A+ offering, hosted by DealMaker, subject to SEC qualification and approvals. Investor Rights: Investors could receive equity ownership; final terms, voting rights, and investor benefits will be defined in offering documents. Community Input: Depending on structure, investors may help shape aspects such as team branding, programming, and vendors. Comparable Models: Community participation in sports ownership has been attempted before (e.g., Green Bay Packers stock sale in 2022), though outcomes and structures differ. Potential Use of Funds If the Regulation CF/A+ offering proceeds, raised funds may be used for: Land-related costs: acquisition, lease arrangements, and site planning. Architecture & Engineering: preliminary design, feasibility studies, and environmental/traffic reports. Legal & Compliance: SEC filings, city negotiations, and bond/lease documentation. Marketing & Investor Relations: community awareness, reporting systems, and investor engagement. Arena Development: construction, equipment, and operations (in later stages, subject to future financing rounds). Exact allocation of funds will be determined and disclosed in offering documents filed with the SEC. Potential Economic Impact (Forward-Looking) Independent studies and internal projections suggest the arena could: Generate up to $200M annually in gross arena-related revenue. Contribute $20–30M per year in estimated economic impact to local businesses. Support thousands of temporary and permanent jobs. Drive millions in new city tax revenue. Enable 100–120+ annual events, particularly during non-tourist months. These are forward-looking estimates and actual results may differ materially. Vision If completed, the Virginia Beach Arena could host: Sports: NBA/NHL games (if relocation or expansion opportunities arise), NCAA Regionals. Entertainment: UFC, WWE, eSports, global concert tours. Community & Family: Disney on Ice, Nickelodeon live shows, festivals, and civic programming. Conclusion The Virginia Beach Arena is envisioned as a community-powered, privately financed development. By leveraging potential Regulation CF/A+ offerings and private investment, the project could establish a world-class venue and new economic driver for the city. Disclaimer This overview contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. This document is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offering will be made only through qualified offering materials filed with the SEC.
