{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-013203","form_type":"8-K","ticker":"VENU","cik":"0001770501","company_name":"Venu Holding Corp","filed_at":"2025-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.645664+00:00","generated_at":"2026-05-20T03:07:09.516744+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Venu secures $6M construction loan from PB&T Bank for Colorado Springs project","bullets":["Loan up to $6M, term 70 months, maturing March 27, 2031.","Interest at 8.5% fixed during draw period (through May 27, 2026), then prime + 25 bps.","Secured by first lien on real property and assets of subsidiary Sunset Hospitality Collection, LLC.","Proceeds to fund completion of mixed-use development including restaurant, rooftop bar, and event spaces.","Personal guarantees from certain affiliates; $60K upfront closing fee paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-013203","json":"https://secwatch.observer/filing/0001641172-25-013203.json","markdown":"https://secwatch.observer/filing/0001641172-25-013203.md","text":"https://secwatch.observer/filing/0001641172-25-013203.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770501/000164117225013203/0001641172-25-013203-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770501/000164117225013203/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T03:07:09.516744+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":[{"claim_id":"2b2921e854d1aeb1d5fd1552d8df0ea7de4e613a","claim":"Venu Holding Corp incurred term loan of $6 million with PB&T Bank at 8.5% maturing March 27, 2031.","evidence_excerpt":"the documents and agreements governing the Construction Loan, the Company may from time-to-time request advances under the Construction Loan not to exceed an aggregate amount of $6 million. During the Draw Period, the Construction Loan will bear interest at a fixed rate of 8.5%. On the last day of the Draw Period and continuing until the Maturity Date, the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770501/000164117225013203/0001641172-25-013203-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$6 million"},{"label":"Counterparty","value":"PB&T Bank"},{"label":"Rate","value":"8.5%"},{"label":"Maturity","value":"March 27, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}