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Live Nation Entertainment Announces Launch of a Common Stock Offering of $450 Million

Live Nation Entertainment Announces Launch of a Common Stock Offering of $450 Million

Live Nation Entertainment, Inc. announced on Tuesday, Sept. 14 2021 that it intends to offer a minimum of 450 million dollars of common stock registered under the Securities Act of 1933, as amended.

The company intends to use the net proceeds from the offering to fund the previously announced acquisition of 51 % of the capital stock of OCESA Entretenimiento, S.A. de C.V. (the "O The company intends to use all remaining proceeds for general corporate purposes. The purchase of the common stock cannot be attributed to the acquisition of OCESA.

Goldman Sachs & Co. LLC is the sole book-running manager for the offer.

This press release does not constitute an offer to sell, nor do it require the demand to buy such securities, in any state or other jurisdiction where such offer, sale or solicitation would be unlawful prior to registration or qualification under these securities laws.

We have filed a shelf registration statement on Form S-3, and the shelf certification statement has become effective on September 14, 2021. The offer of these securities can only be made through a pre-proposal supplement and supplemental prospectus. Before investing, you should read the applicable preliminary prospectus supplement and prospect in the registration statement and other documents we have filed with the SEC for more complete information about us and the offering. You may obtain these documents free by visiting the SEC website at If it is necessary, we will send you the applicable prospectus supplement and the accompanying prospectum, or by telephone, at (866) 471-2526, and by email, e-mail, [email protected].

Statements with a vision of the future are oriented and orientated.

These forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could affect actual results, performance or achievements expressed or implied by such forward forwardlooking statement. These statements reflect the actual statements, including statements The company's management will have discretion in the use of proceeds from any sale of the common stock. These risks and uncertainties include, without limitation, risks arising from the company to continue the offering of common stocks on the expected terms, or The company refers to the documents that it files to a Securities and Exchange Commission, specifically the section entitled "Item 1A." A company's Annual Report on Form 10-K for the year ended December 31, 2020 and its Quarterly Reports on Formula 10-Q for quarters ended March 31, 2021 and June 30, 2020 contain and identify important factors that could affect the You should not place unabated reliance on these forward-looking statements, which only speak from the date they are made. If the actual results are not accurate, the results may differ materially from those described in the forward-looking statements. The company undertakes no obligation to update a forward-looking statement, whether due to changes in underlying factors, new information, future events or otherwise.

SOURCE Live Nation Entertainment - SURCE live-nation Entertainment.

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