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Venu Holding Corporation Announces Termination of Proposed Public Offering
Globenewswire· 2026-01-29 02:05
Core Viewpoint - Venu Holding Corporation has terminated its proposed public offering of $75 million in common stock due to unfavorable market conditions for shareholders [1][2]. Group 1: Company Overview - Venu Holding Corporation is a developer and operator of upscale live music venues and premium hospitality destinations, with a portfolio that includes various entertainment brands [4]. - The company was founded by J.W. Roth and is expanding its operations across multiple states including Colorado, Georgia, Oklahoma, and Texas [4]. - Venu has received national recognition for its innovative approach to live entertainment from major publications [5]. Group 2: Offering Details - The terminated offering was part of a shelf registration statement filed with the SEC on December 1, 2025, and was declared effective on December 8, 2025 [3]. - No shares of common stock will be sold as a result of the termination of the offering [1].