VENU HLDG CORP. ON

Venu reported a Q2 2026 loss of $0.29 per share versus an expected loss of $0.21, on revenue of $4.8 million. Total assets rose to $511.8 million; cumulative FireSuite sales exceed $285 million. Management described the quarter as an investment phase ahead of major openings, expects Broken Arrow in roughly 90 days and McKinney in March 2027, and anticipates C‑PACE financings of more than $150 million. Profitability is targeted for mid‑to‑late 2027, while construction and preopening costs are weighing on near‑term results. » Más en de.investing.com

Venu Holding reports progress at the Regent Bank Amphitheater in Broken Arrow, Oklahoma: roof structure, HVAC, exterior concession buildings, artist area, stage fit-out, parking and wind-protection steel structures are largely complete; completion is planned for fall 2026. At the Sunset Amphitheater in McKinney, Texas, the parking garage, parts of the main canopy and steel structures in the grandstand area are well advanced; finishing work on ancillary buildings and installation work are ongoing, with completion scheduled for Q1 2027. The company operates and develops live-entertainment venues and has additional projects under construction in several US states. » Más en de.investing.com

Venu has closed a secured convertible note totaling $25 million, with $12.5 million available immediately and a further $12.5 million upon satisfaction of certain conditions. The funds will advance construction of the 12,500‑seat Regent Bank Amphitheater in Broken Arrow, scheduled for completion in fall 2026. The bridge financing is intended to cover the project until permanent C‑PACE financing is completed in Q3 2026; the convertible note is expected to be repaid in cash but may be converted into common stock under certain conditions. » Más en de.investing.com