{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-039360","form_type":"8-K","ticker":"VENU","cik":"0001770501","company_name":"Venu Holding Corp","filed_at":"2026-08-20T11:00:15+00:00","discovered_at":"2026-08-20T11:05:01.679085+00:00","generated_at":"2026-08-20T11:05:08.404576+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Venu acquires 50% interests in Hipgnosis Artist Holdings and Welcome to the Machine","bullets":["Paid $3.25M cash on Aug 17, 2026 for 50% of HAH and 50% of WTTM from Merck Mercuriadis.","May owe up to $51.75M additional if HAH closes a Funding (≥$200M gross proceeds) within 90 days.","Owner to contribute $10M to HAH; HAH can call $1.75M from Venu before any Funding.","If Venu fails to fund, its interest forfeits proportionally based on contributions vs $55M total.","Each target entity gets two-manager board; Venu appoints one, initial board includes CEO J.W. Roth."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-039360","json":"https://secwatch.observer/filing/0001493152-26-039360.json","markdown":"https://secwatch.observer/filing/0001493152-26-039360.md","text":"https://secwatch.observer/filing/0001493152-26-039360.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770501/000149315226039360/0001493152-26-039360-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770501/000149315226039360/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-20T11:05:08.404576+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}