{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-015324","form_type":"8-K","ticker":"VENU","cik":"0001770501","company_name":"Venu Holding Corp","filed_at":"2025-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.646078+00:00","generated_at":"2026-05-19T04:51:45.540263+00:00","sec_items":["1.01","5.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Venu issues Series B convertible preferred to Aramark for $10.125M; Russell 3000 inclusion withdrawn","bullets":["Aramark invests $10.125M via 675 shares of Series B 4% Convertible Preferred Stock at $15,000/share.","Aramark becomes exclusive provider of food, beverage, custodial, and maintenance services at three amphitheaters.","Series B pays 4% cumulative annual dividend, convertible into common at $15/share; mandatory conversion trigger at $20.","Holders can force redemption if amphitheaters not completed by Aug 14, 2027, or on change of control.","Russell 3000 inclusion withdrawn due to free float verification; Company believes eligible for 2026 reconstitution."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-015324","json":"https://secwatch.observer/filing/0001641172-25-015324.json","markdown":"https://secwatch.observer/filing/0001641172-25-015324.md","text":"https://secwatch.observer/filing/0001641172-25-015324.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770501/000164117225015324/0001641172-25-015324-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770501/000164117225015324/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T04:51:45.540263+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":"4c260cad0455867a651375a147c9df0e6b5a1bc0","claim":"Venu Holding Corp: Filed Certificate of Designation for Series B 4% Cumulative Convertible Preferred Stock (effective 2025-06-16).","evidence_excerpt":"On June 16, 2025, the Company and Aramark closed on the definitive agreements contemplated by the LOI for the purchase and sale of the Series B Preferred Stock, and the Company filed a Certificate of Designation, Preferences, and Rights of Series B 4% Convertible Preferred Stock (the “Certificate of Designation”) with the Colorado Secretary of State to create the Series B Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770501/000164117225015324/0001641172-25-015324-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-06-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}