secwatch.observer — SEC 8-K summary
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Issuer:     Venu Holding Corp (VENU)
CIK:        0001770501
Form:       8-K
Filed at:   2026-05-13T21:22:17+00:00
Accession:  0001493152-26-022798
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Venu subsidiary enters $20M purchase agreement for Chattanooga amphitheater land
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- Purchase price $20M for ~15 acres in Chattanooga, TN; closing targeted by Dec 31, 2026.
- Funding from development incentives, pre-sold suite revenue, and a ticket fee participation agreement.
- Conditions include development agreement with local governments, minimum $[***] incentives, and pre-selling at least [***] suites.
- Seller must also arrange Hamilton County transfer of an additional parcel (Block 21) to Purchaser.
- Purchaser has sole discretion to waive any unsatisfied contingencies; earnest money $10,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770501/000149315226022798/0001493152-26-022798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770501/000149315226022798/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022798

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