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Venu Holding Corporation Converts Notes to Equity Shares

Story Highlights
  • Venu Holding Corporation issued $18 million in promissory notes in early 2025.
  • On June 24, 2025, $15 million of these notes were converted into shares, affecting financial structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venu Holding Corporation Converts Notes to Equity Shares

Elevate Your Investing Strategy:

Venu Holding Corporation ( (VENU) ) has issued an announcement.

Between February 28, 2025, and May 6, 2025, Venu Holding Corporation issued five convertible promissory notes totaling $18 million. On June 22, 2025, the holder of three notes, totaling $15 million, converted them into 1,542,367 shares of common stock at $10 per share, instead of using the prior 10-day trading average. This conversion, completed on June 24, 2025, satisfied all obligations under the notes, impacting the company’s financial structure and shareholder equity.

The most recent analyst rating on (VENU) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Venu Holding Corporation stock, see the VENU Stock Forecast page.

Spark’s Take on VENU Stock

According to Spark, TipRanks’ AI Analyst, VENU is a Neutral.

Venu Holding Corporation’s stock score reflects its strong revenue growth and positive corporate developments, which are tempered by significant profitability challenges and a weak valuation. Technical indicators show stable momentum, contributing positively to the overall score.

To see Spark’s full report on VENU stock, click here.

More about Venu Holding Corporation

Average Trading Volume: 67,274

Current Market Cap: $443.4M

See more data about VENU stock on TipRanks’ Stock Analysis page.

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