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Venu shareholders approve plan amendment increasing reserved shares from 7.5 million to 10 million
VENUVenu Holding Corp
Venu Holding Corporation held its 2026 Annual Meeting of Shareholders on September 23, 2026, where shareholders approved an amendment to the Omnibus Incentive Compensation Plan to increase reserved shares from 7.5 million to 10 million and ratified Grassi & Co., CPAs as independent auditors for fiscal year 2026. The board also secured approval for a potential issuance of 20% or more of outstanding common stock under the July 2026 Debt Financing with YA II PN, Ltd., which could be triggered by default on Senior Secured Convertible Debentures and warrants. Seven directors were elected to serve until the next annual meeting. Venu Holding Corporation operates in the cannabis industry.