Venu Holding Corp. Reports Agreement Termination & Officer Changes
Ticker: VENU · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1770501
Sentiment: neutral
Topics: agreement-termination, management-change, corporate-action
TL;DR
Venu Holding Corp. terminated a material agreement and made changes to its board/officers on Jan 27, 2025.
AI Summary
Venu Holding Corp. reported on January 27, 2025, the termination of a material definitive agreement and changes in its board and officer composition. The company also filed financial statements and exhibits related to these events. The filing details changes in directors and officers, as well as compensatory arrangements for certain officers.
Why It Matters
This filing indicates significant corporate actions, including the end of a key contract and potential shifts in leadership, which could impact the company's strategic direction and operational stability.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement and changes in directors/officers can signal instability or strategic shifts, warranting closer scrutiny.
Key Players & Entities
- Venu Holding Corp. (company) — Registrant
- January 27, 2025 (date) — Date of earliest event reported
- Colorado (state) — State of Incorporation
- NOTES LIVE, INC. (company) — Former Company Name
- B ENTERTAINMENT LLC (company) — Former Company Name
- Bourbon Brothers Entertainment, LLC (company) — Former Company Name
FAQ
What was the specific material definitive agreement that Venu Holding Corp. terminated?
The filing states the termination of a material definitive agreement but does not specify which agreement was terminated.
What were the reasons for the termination of the material definitive agreement?
The filing does not provide the reasons for the termination of the material definitive agreement.
Who are the specific directors or officers that departed or were appointed?
The filing indicates changes in directors or certain officers and the appointment of certain officers, but does not name the individuals involved.
What are the details of the compensatory arrangements for the certain officers mentioned?
The filing mentions compensatory arrangements of certain officers but does not provide specific details within the provided text.
What is the significance of the former company names listed for Venu Holding Corp.?
The former company names (NOTES LIVE, INC., B ENTERTAINMENT LLC, Bourbon Brothers Entertainment, LLC) indicate previous corporate identities or mergers/acquisitions that Venu Holding Corp. has undergone.
Filing Stats: 591 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2025-01-29 09:27:33
Key Financial Figures
- $60,000 — xchange for which Mr. Hennings received $60,000 in cash annually (pro-rated for any par
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-25-004103.txt ( ) — 210KB
- venu-20250127.xsd (EX-101.SCH) — 3KB
- venu-20250127_lab.xml (EX-101.LAB) — 33KB
- venu-20250127_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
Financial Statements and
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VENU HOLDING CORPORATION (Registrant) Dated: January 29, 2025 By: /s/ J.W. Roth J.W. Roth Chief Executive Officer and Chairman