Inspirato Inc. Terminates Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Inspirato Inc |
| Form Type | 8-K |
| Filed Date | Sep 23, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: termination, agreement, filing
TL;DR
Inspirato terminated a key deal, filing 8-K today.
AI Summary
Inspirato Incorporated announced on September 18, 2025, the termination of a material definitive agreement. The company, formerly known as Thayer Ventures Acquisition Corp, filed this 8-K report with the SEC on September 23, 2025.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement suggests potential issues or changes in strategic partnerships that could affect the company's business.
Key Players & Entities
- Inspirato Incorporated (company) — Registrant
- Thayer Ventures Acquisition Corp (company) — Former name of registrant
- September 18, 2025 (date) — Date of earliest event reported
- September 23, 2025 (date) — Date of report filing
FAQ
What specific material definitive agreement was terminated by Inspirato Incorporated?
The filing states the termination of a material definitive agreement but does not specify which agreement was terminated.
When was the termination of the material definitive agreement effective?
The earliest event reported is September 18, 2025, which is the date of the report.
What is the primary reason cited for the termination of the agreement?
The provided text does not specify the reason for the termination of the material definitive agreement.
Has Inspirato Incorporated undergone any name changes recently?
Yes, Inspirato Incorporated was formerly known as Thayer Ventures Acquisition Corp, with a date of name change on August 6, 2020.
Where is Inspirato Incorporated's principal executive office located?
Inspirato Incorporated's principal executive offices are located at 1544 Wazee Street, Denver, CO 80202.
Filing Stats: 623 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2025-09-23 16:02:39
Key Financial Figures
- $0.0001 — hich registered Class A common stock, $0.0001 par value per share ISPO The Nasdaq Sto
Filing Documents
- ispo-20250918.htm (8-K) — 35KB
- ispo-09232025x8kxex101.htm (EX-10.1) — 21KB
- image_0.jpg (GRAPHIC) — 65KB
- image_2.jpg (GRAPHIC) — 59KB
- 0001820566-25-000184.txt ( ) — 385KB
- ispo-20250918.xsd (EX-101.SCH) — 2KB
- ispo-20250918_def.xml (EX-101.DEF) — 16KB
- ispo-20250918_lab.xml (EX-101.LAB) — 27KB
- ispo-20250918_pre.xml (EX-101.PRE) — 16KB
- ispo-20250918_htm.xml (XML) — 4KB
02. Termination of a Material Definitive Agreement
Item 1.02. Termination of a Material Definitive Agreement. On September 18, 2025, Inspirato Incorporated (" Inspirato "), RR Merger Sub, Inc. (" Merger Sub ") and Buyerlink Inc. (" Buyerlink ") entered into a Mutual Termination Agreement (the " Termination Agreement ") pursuant to which the parties mutually terminated the Agreement and Plan of Merger, dated June 25, 2025 (the " Merger Agreement "). The Termination Agreement provides that the Merger Agreement is terminated pursuant to Section 6.1(a) thereof and shall be of no further force or effect, except that provisions expressly stated to survive termination shall remain in effect in accordance with their terms. The Termination Agreement further provides that no termination fee or reverse termination fee is payable by any party and that each party will bear its own fees and expenses incurred in connection therewith. The Termination Agreement also includes mutual releases subject to customary exceptions for obligations that expressly survive termination. The foregoing description of the Termination Agreement is a summary only and is qualified in its entirety by reference to the full text of the Termination Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Mutual Termination Agreement, dated September 18, 2025, by and among Inspirato Incorporated, RR Merger Sub, Inc., and Buyerlink Inc. 104 Cover Page Interactive Data File (Cover Page XBRL tags are embedded within the Inline XBRL document)
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. INSPIRATO INCORPORATED Date: September 23, 2025 By: /s/ Brent Wadman Name: Brent Wadman Title: General Counsel