VENU 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-08-13

• ● November 2025: Venu opened its first fine-dining restaurant and bar and lounge, Roth’s Sea & Steak and Brohan’s, on November 8, 2025, in Colorado Springs, Colorado.

• ● May 2026: In May 2026, Sunset at Chattanooga, LLC, a wholly owned subsidiary of Venu, entered into a Purchase and Sale Agreement to acquire an approximately 15-acre parcel of real property in Chattanooga, Tennessee. After closing on the acquisition of the property, the Company intends to utilize t…

• ● July 2026: Venu entered into an operating agreement with Legends with respect to the operation of the Regent Bank Amphitheater being developed in Broken Arrow, Oklahoma, which is anticipated to open Fall 2026.

• The Sunset Chattanooga Chattanooga, TN Expected to open in late 2028***

• BBST Centennial Centennial, CO Expected to open in mid- to late 2027

相对上期删除的文字 · 来源:10-Q · 2026-05-15

• November 2025: Venu, through its wholly owned subsidiary NLRE, closed on a sale-leaseback transaction on November 5, 2025 with a related party to convey the land owned by PPP that is used for parking at Ford Amphitheater and concurrently lease the property back for a 20-year term under a triple-net …

• November 2025: Venu opened its first fine-dining restaurant and bar and lounge, Roth’s Sea & Steak and Brohan’s, on November 8, 2025, in Colorado Springs, Colorado.

• BBST Centennial Centennial, CO Expected to open early to mid-2027

• Event Operations. The Event Operations portion of our business involves the promotion of live music and events in our owned or operated venues, the operation and management of our venues, the creation of content from concerts and events hosted in our venues, and the provision of management and other…

• Our Event Operations business generated $1,067,098, or 27%, of our total revenue during the three months ended March 31, 2026, and $1,264,910, or 36%, of our total revenue during the three months ended March 31, 2025. The 16% decrease of $197,812 in revenue generated from 2025 to 2026 was primarily …

相对上期新增的文字 · 来源:10-Q · 2026-08-13

• As of June 30, 2026, Venu’s Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of Venu’s “disclosure controls and procedures,” as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Exchange Act, and concluded that the disclosure controls a…

• The material weaknesses in our internal control over financial reporting relate to the fact that Venu did not have the necessary business processes and related internal controls fully implemented to provide reasonable assurance regarding the reliability of the financial reporting and the preparation…

• As of June 30, 2026, Venu has implemented controls that Venu believes will remediate the identified material weaknesses. While certain controls were fully operational for part of the year ended December 31, 2025, certain control implementations are still ongoing, with significant remediation efforts…

• ●Entity-Level Controls: We enhanced support, oversight, and accountability over key financial reporting functions. Since February 2025, we have strengthened the capabilities of our accounting team through the addition of four qualified personnel with the skills, knowledge, and expertise to support c…

• ●Information Technology General Controls: We implemented enhanced systems to support more reliable and accurate reporting of accounting transactions and financial statements. We are evaluating user access to ensure appropriate access permissions are in place.

相对上期删除的文字 · 来源:10-Q · 2026-05-15

• As of March 31, 2026, Venu’s Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of Venu’s “disclosure controls and procedures,” as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Exchange Act, and concluded that the d…

• While Venu has processes to identify and appropriately apply applicable accounting requirements, its remediation plan includes the continuation of system enhancements, increased segregation of duties and growth of headcount in our accounting and finance department and/or increased use of third-party…

• During the quarter ended March 31, 2026, there has been no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

相对上期删除的文字 · 来源:10-Q · 2026-05-15

• Otherwise, we are not currently engaged in any legal proceedings that are expected, individually or in aggregate, to have a material adverse impact on our financial position or results of operations.

相对上期新增的文字 · 来源:10-Q · 2026-08-13

• Among the risk factors identified in our Annual Report is a risk factor entitled “Venu’s debt obligations may adversely affect cash flow and impose restrictions on Venu’s ability to operate its business” and a risk factor entitled “Venu is involved in a number of related-party transactions.” During …

相对上期删除的文字 · 来源:10-Q · 2026-05-15

• As previously disclosed, our officers, directors, and certain other shareholders have entered into agreements that contractually restrict their ability to sell or transfer a portion of their shares during the first three-year period in which our Common Stock is listed on a national stock exchange or…

• Of the 59,351,055 shares of Common Stock that are issued and outstanding as of May 15, 2026:

• ■ approximately 34,095,689 are freely tradable in the public market without restriction on transfer or subject to contractual “leak-out” restrictions or limitations.

• ■ 25,255,366 are subject to “leak-out” restrictions, of which 3,208,885 are to be released of these restrictions on November 25, 2026; 22,042,981 are to be released of these restrictions on November 25, 2027; and 3,500 are scheduled released of these restrictions on November 25, 2028.

• Of the aggregate of 15,244,800 shares beneficially owned by our officers and directors as of May 15, 2026: