Venu Holding Corp (EXCHANGE:VENU) confirmed that its Chief Executive Officer and Chairman, Jay W. Roth, acquired 5,000 shares of company common stock on January 30, 2026. The shares were purchased at $5.55 each, producing an aggregate outlay of $27,750.
Following the purchase, Roth's direct ownership in Venu Holding Corp stands at 9,249,644 shares. He also retains indirect ownership of 999,720 shares through the KMR Living Trust dated November 19, 2012, for which he serves as trustee.
In a separate update, Venu Holding Corporation issued preliminary results for the fourth quarter. The company estimated revenue in the range of $4.4 million to $4.8 million for the quarter, compared with $4.3 million in the same period a year earlier. The update also highlighted a substantial increase in the company's balance sheet, with total assets expanding to approximately $354 million by the end of 2025, nearly double prior levels.
Alongside those financial indicators, Venu Holding Corporation announced it had terminated a previously planned public offering of common stock that would have raised up to $75 million. The company attributed the decision to unfavorable market conditions. The offering had been announced on January 27 and was structured as a sale of common stock with Deutsche Bank Securities and ThinkEquity named as joint book-running managers.
Prior to the cancellation, the company had intended to grant the underwriters a 30-day option to purchase up to an additional $11.25 million in shares to cover potential over-allotments. That option will not be exercised in light of the offering's termination.
Clear summary
Jay W. Roth purchased 5,000 Venu Holding shares on January 30, 2026 for $5.55 per share, totaling $27,750. Post-transaction holdings include 9,249,644 shares directly and 999,720 shares indirectly through the KMR Living Trust dated November 19, 2012. Separately, the company provided preliminary Q4 revenue guidance of $4.4 million to $4.8 million versus $4.3 million a year earlier, reported total assets near $354 million at year-end 2025, and cancelled a planned $75 million public stock offering citing unfavorable market conditions. Deutsche Bank Securities and ThinkEquity had been named joint book-running managers; the planned 30-day over-allotment option of $11.25 million was part of the original structure.
Key points
- Insider purchase - CEO Jay W. Roth bought 5,000 shares at $5.55 per share, totaling $27,750, increasing his direct stake to 9,249,644 shares.
- Preliminary Q4 results - Venu Holding projected revenues of $4.4 million to $4.8 million, up from $4.3 million in the year-earlier quarter, while total assets grew to roughly $354 million by the end of 2025.
- Capital markets action - The company withdrew a proposed $75 million common stock offering, which had named Deutsche Bank Securities and ThinkEquity as joint book-running managers and included a planned 30-day over-allotment option of $11.25 million.
Risks and uncertainties
- Market conditions - The cancellation of the $75 million offering was explicitly attributed to unfavorable market conditions, creating uncertainty around near-term access to equity capital - relevant to the company and public equity markets.
- Funding and liquidity considerations - With the planned equity raise terminated, the company may face questions about its capital plan or liquidity strategy in the near term, an issue that impacts corporate finance and investor confidence.
These items together outline recent strategic moves and financial indicators for Venu Holding Corp. The insider purchase updates ownership figures precisely while the company's preliminary financials and the cancelled offering indicate active decisions around funding and balance-sheet composition.