Venu scraps plan of $75M public offering

* Venu (VENU [https://seekingalpha.com/symbol/VENU]) had terminated [https://seekingalpha.com/pr/20380274-venu-holding-corporation-announces-termination-of-proposed-public-offering] its proposed $75M public offering of common stock, previously announced on January 27.
* The management said that current market conditions are not conducive for an offering on terms that would be in the best interests of the company’s shareholders.
* The stock price gained 2% on Wednesday during after-market hours of trading.

MORE ON VENU HOLDING CORPORATION

* Venu Holdings Keeps Leveraging And Adding Financial Complexity [https://seekingalpha.com/article/4857622-venu-holdings-keeps-leveraging-and-adding-financial-complexity]
* Venu announces $75M public offering of common stock, estimates higher Q4 revenue [https://seekingalpha.com/news/4543185-venu-announces-75m-public-offering-of-common-stock]
* Venu announces up to $10M stock buyback program [https://seekingalpha.com/news/4523795-venu-announces-up-to-10m-stock-buyback-program]
* Seeking Alpha’s Quant Rating on Venu Holding Corporation [https://seekingalpha.com/symbol/VENU/ratings/quant-ratings]
* Historical earnings data for Venu Holding Corporation [https://seekingalpha.com/symbol/VENU/earnings]