Nantahala Capital Management Establishes 6.59% Stake in Venu Holding Corporation (VENU)

On May 15, 2026, Nantahala Capital Management, LLC, along with its managing members Wilmot B. Harkey and Daniel Mack, filed a Schedule 13G disclosing a new 6.59% stake in Venu Holding Corporation (VENU). The reporting persons collectively beneficially own 4,089,205 shares of common stock as of the event date, March 31, 2026. This position includes 2,042,500 shares that may be acquired within sixty days through the exercise of convertible securities. Nantahala Capital Management operates as an investment adviser, and the shares are held by various funds and separately managed accounts under its control. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. All reporting persons share voting and dispositive power over the reported shares. This filing marks an increase from a previous 0% ownership level, establishing a significant passive holding in the Colorado Springs-based entertainment venue company.