BlackRock (VENU) discloses 5.03% beneficial stake in VENU Holding Corp
Rhea-AI Filing Summary
BlackRock, Inc. reported beneficial ownership of common stock of VENU HOLDING CORP on a Schedule 13G filing. BlackRock’s reporting business units hold 2,894,402 shares of VENU common stock, representing 5.03% of the class. They have sole voting power over 2,859,983 shares and sole dispositive power over 2,894,402 shares, with no shared voting or dispositive power. The shares are held for various underlying clients, and no single other person has more than five percent of VENU’s outstanding common stock through these holdings.
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Key Figures
Beneficial ownership: 2,894,402 shares
Percent of class: 5.03%
Sole voting power: 2,859,983 shares
+2 more
5 metrics
Beneficial ownership
2,894,402 shares
Common stock of VENU beneficially owned by BlackRock reporting business units
Percent of class
5.03%
Portion of VENU common stock class beneficially owned by BlackRock
Sole voting power
2,859,983 shares
VENU shares over which BlackRock has sole power to vote or direct the vote
Sole dispositive power
2,894,402 shares
VENU shares over which BlackRock has sole power to dispose or direct disposition
Shared voting power
0 shares
VENU shares with shared voting power reported by BlackRock
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,859,983.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 2,894,402.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... this Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of VENU (VENU) common stock does BlackRock report owning?
BlackRock reports beneficial ownership of 5.03% of VENU’s common stock. This ownership is held by certain BlackRock business units and reflects shares managed on behalf of various clients rather than a single proprietary position.
What voting power does BlackRock have over its VENU (VENU) holdings?
BlackRock has sole voting power over 2,859,983 VENU shares and no shared voting power. This means BlackRock alone can vote or direct the vote for those 2,859,983 shares on matters submitted to shareholders.
Who signed the Schedule 13G filing for BlackRock regarding VENU (VENU)?
The Schedule 13G was signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc. The signature is supported by a Power of Attorney referenced as Exhibit 24 in the filing.