Venu Holding closes $75M offering; nets $80.1M for venue development and debt repayment

Venu Holding Corp

Gross proceeds $75M; net proceeds ~$80.1M after full exercise of over-allotment option.
Offered 18,750,000 units at $4.00/unit (share or pre-funded warrant + warrant, $5.00 exercise, 5-year term).
Over-allotment fully exercised: additional 2,812,500 shares and 2,812,500 warrants.
Proceeds to fund The Sunset McKinney, The Sunset Broken Arrow, and repay $4.35M promissory note for Centennial property.
90-day lock-up for officers/directors; company 60-day lock-up from final prospectus date.

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