Corporate ActionJun 12, 2026, 05:16 PM
Venu Holding Corp Enters $250M ATM Sales Agreement
AI Summary
Venu Holding Corporation has entered into an At-The-Market (ATM) Sales Agreement with ThinkEquity LLC, allowing the company to offer and sell up to $250 million of its common stock from time to time. ThinkEquity LLC will act as the sole sales agent, selling shares on the NYSE American or other markets. The company will pay a 3.0% commission on gross sales, and the agreement provides flexibility for Venu Holding Corp to raise capital as needed, though there is no obligation to sell any shares.
Key Highlights
- Venu Holding Corp entered an ATM Sales Agreement for up to $250 million in common stock.
- ThinkEquity LLC will serve as the sole sales agent for the offering.
- The company will pay a 3.0% commission on the gross sales price.
- Shares will be sold "at-the-market" on NYSE American or other trading markets.
- Sales are discretionary; the company is not obligated to sell any shares.
- The agreement terminates when $250 million in shares are sold or by notice.
Price Impact
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