Venu Holding Corp 8K

Notes CS I, DST agreed to sell a 9.5‑acre Colorado Springs property for $49.7 million to ONeil Roth Ford, LLC, with structured financing and concurrent equity and warrant transactions involving Venu Holding Corporation and specified distributions to the trust’s beneficial interest holders, subject to customary closing conditions.

On June 5, 2026, Notes CS I, DST, a Delaware statutory trust ultimately managed by Venu Holding Corporation, entered into a Purchase and Sale Agreement to sell approximately 9.5 acres of real property in Colorado Springs, Colorado, to ONeil Roth Ford, LLC for a total purchase price of $49.7 million, funded by a $29.82 million senior bank loan from Columbia Bank and a $19.88 million subordinated purchase-money promissory note; concurrently, the seller agreed to use a portion of the sale proceeds for a related $9,999,998 common stock purchase in Venu Holding Corporation under stock transfer agreements and to cause Venu Holding Corporation to issue common stock purchase warrants, while the sale proceeds are to be distributed in a defined priority among closing costs, trust administrative expenses, share purchase obligations, buyouts of beneficial interest holders, and residual proceeds to the seller, subject to various closing contingencies including bank loan approval, payoff of certain existing indebtedness, execution of purchase option agreements by all beneficial interest holders, and board approval by Venu Holding Corporation.

Filing Facts

CIK

1770501

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-028302

Alert Tier

7