Venu Holding Corporation INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (VENU)

Core Viewpoint - Venu Holding Corporation is under investigation for potential violations of federal securities laws and unlawful business practices by its senior management [1]. Group 1: Company Overview - Venu conducted its initial public offering on November 27, 2024, offering 1.2 million shares at a price of $10.00 per share [3]. - The company reported third-quarter financial results on November 14, 2025, with revenue of $5.38 million, which is a 1.3% decline year-over-year and $2.05 million below consensus estimates [3]. Group 2: Market Reaction - Following the financial results announcement, Venu's share price dropped by $2.37, or approximately 21.45%, from $11.05 on November 14, 2025, to close at $8.68 on November 17, 2025 [3].