<div id="readability-page-1">05:58 PM EST, 01/27/2026 (MT Newswires) -- Venu ( VENU ) said late Tuesday it launched a registered underwritten public offering of $75 million of common stock.The company also plans to grant underwriters a 30-day option to buy up to an additional $11.25 million of shares to cover over-allotments.Venu ( VENU ) said net proceeds will fund development of The Sunset McKinney, The Sunset Broken Arrow and The Sunset El Paso projects, complete the purchase of property in Centennial, Colorado, and support working capital and general corporate purposes.The company's shares fell more than 18% in after-hours trading. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

VENU

Venu has launched a $75 million underwritten public offering of common stock, with an option for underwriters to purchase an additional $11.25 million. The net proceeds will be used for the development of several projects, property acquisition in Colorado, and general corporate purposes. Following the announcement, Venu's shares dropped over 18% in after-hours trading.

Venu Launches $75 Million Stock Offering