Martin Kjellberg

Steve Emerson

- Venu Holding Corporation priced an underwritten public offering of **2,500,000** shares of common stock at **$12.00** per share, generating **$30 million** in gross proceeds.  **[1770501_0001641172-25-025825_form8-k.htm:0]** **[1770501_0001641172-25-025825_ex99-1.htm:0]** 
- The company also granted the underwriters a 45-day option to purchase up to an additional **375,000** shares to cover over-allotments.  **[1770501_0001641172-25-025825_form8-k.htm:0]** **[1770501_0001641172-25-025825_ex99-1.htm:0]** 
- The offering closed on **August 28, 2025**, with the full exercise of the over-allotment option, resulting in a total of **2,875,000** shares sold for gross proceeds of **$34,500,000**.  **[1770501_0001641172-25-025825_ex99-2.htm:0]** **[1770501_0001641172-25-025825_form8-k.htm:1]** 
- The net proceeds to the company, approximately **$32.0 million**, will be used to fund development costs for the Sunset McKinney and Sunset Broken Arrow, and for working capital and other general corporate purposes.  **[1770501_0001641172-25-025825_ex99-1.htm:0]** **[1770501_0001641172-25-025825_ex99-2.htm:0]** **[1770501_0001641172-25-025825_form8-k.htm:1]**

Venu Holding (VENU)