Inspire Veterinary Partners Files 8-K on Security Holder Rights
Ticker: IVPR · Form: 8-K · Filed: Apr 17, 2024 · CIK: 1939365
| Field | Detail |
|---|---|
| Company | Inspire Veterinary Partners, Inc. (IVPR) |
| Form Type | 8-K |
| Filed Date | Apr 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, rights-modification
TL;DR
Inspire Vet Partners filed an 8-K about changes to security holder rights - check for details.
AI Summary
Inspire Veterinary Partners, Inc. filed an 8-K on April 16, 2024, to report material modifications to the rights of security holders. The filing indicates changes related to the company's charter and potentially its corporate structure or governance, though specific details of these modifications are not elaborated in the provided text.
Why It Matters
This filing signals potential changes in the rights or structure affecting Inspire Veterinary Partners' shareholders, which could impact their investment.
Risk Assessment
Risk Level: medium — Filings concerning modifications to security holder rights can introduce uncertainty and potential shifts in corporate control or value.
Key Numbers
- 001-41792 — Commission File Number (Identifies the company's filing with the SEC.)
- 85-4359258 — I.R.S. Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- INSPIRE VETERINARY PARTNERS, INC. (company) — Registrant
- April 16, 2024 (date) — Date of Report
- Nevada (jurisdiction) — State of Incorporation
- 780 Lynnhaven Parkway, Suite 400 Virginia Beach, VA 23452 (address) — Principal Executive Offices
- (757) 734-5464 (phone_number) — Registrant's telephone number
FAQ
What specific modifications were made to the rights of security holders?
The provided text of the 8-K filing does not specify the exact nature of the modifications to the rights of security holders, only that such modifications have occurred.
When was this 8-K filing submitted?
The 8-K filing was submitted on April 17, 2024, and the date of the report is April 16, 2024.
What is the principal executive office address for Inspire Veterinary Partners, Inc.?
The principal executive office is located at 780 Lynnhaven Parkway, Suite 400, Virginia Beach, VA 23452.
Under which state was Inspire Veterinary Partners, Inc. incorporated?
Inspire Veterinary Partners, Inc. was incorporated in Nevada.
What is the telephone number for Inspire Veterinary Partners, Inc.?
The registrant's telephone number, including area code, is (757) 734-5464.
Filing Stats: 568 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-04-17 07:09:17
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 IVP Nasdaq Capital Market Indicat
- $1.00 — ice of the Company's Common Stock above $1.00 per share and bring the Company back in
Filing Documents
- ea0204040-8k_inspire.htm (8-K) — 25KB
- 0001213900-24-033587.txt ( ) — 194KB
- ivp-20240416.xsd (EX-101.SCH) — 3KB
- ivp-20240416_lab.xml (EX-101.LAB) — 33KB
- ivp-20240416_pre.xml (EX-101.PRE) — 22KB
- ea0204040-8k_inspire_htm.xml (XML) — 4KB
03 Material Modification to Rights
Item 3.03 Material Modification to Rights of Security Holders. On April 15, 2024, the board of directors of Inspire Veterinary Partners, Inc. (the "Company") approved a reverse stock split of the Company's authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share (the "Common Stock"), at a ratio of 100-for-1 (the "Reverse Stock Split"). The Reverse Stock Split will become effective when the Company files a Certificate of Change with the Secretary of State of the State of Nevada (the "Effective Date"). On the Effective Date, every one hundred (100) shares of the Common Stock issued and outstanding or held as treasury stock will be automatically reclassified into one (1) new share of Common Stock. The total number of shares of Common Stock authorized for issuance will then be reduced by a corresponding proportion from 100,00,000 shares to 1,000,000 shares. The Company is effectuating the Reverse Stock Split in order to raise the per share bid price of the Company's Common Stock above $1.00 per share and bring the Company back into compliance with Nasdaq Listing Rule 5550(a)(2). The Company will have regained compliance once the Company's Common Stock trades at or above $1.00 per share for a minimum of 10 consecutive trading days, at which time Nasdaq will provide the Company with notice that it has regained compliance. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 16, 2024 INSPIRE VETERINARY PARTNERS, INC. By: /s/ Kimball Carr Name: Kimball Carr Title: President and Chief Executive Officer 2