Inspirato rporated(ISPO)
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The Exclusive Collective and Inspirato Announce Completion of Acquisition
Businesswire· 2026-02-03 21:35
DENVER--(BUSINESS WIRE)--The Exclusive Collective and Inspirato today jointly announce the completed acquisition of Inspirato Incorporated ("Inspirato†) by Exclusive Investments, LLC ("Exclusive Investments†). CEO, James Henderson said: "We're excited to welcome Inspirato as a marquee pillar within our portfolio, supporting meaningful travel across all stages of life.†Share Under the terms of the transaction, Exclusive Investments acquired all outstanding shares of Inspirato Class A common stock for $ ...
Inspirato Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Inspirato Incorporated - ISPO
Prnewswire· 2026-01-16 19:10
NEW YORK and NEW ORLEANS, Jan. 16, 2026 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Inspirato Incorporated (NasdaqGM: ISPO) to Exclusive Investments LLC. Under the terms of the proposed transaction, shareholders of Inspirato will receive $4.27 in cash for each share of Inspirato that they own. KSF is seeking to determine whether this consideration and the process that led to it are ...
Inspirato Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Inspirato Incorporated - ISPO
Businesswire· 2025-12-19 18:14
Core Viewpoint - The proposed sale of Inspirato Incorporated to Exclusive Investments LLC involves shareholders receiving $4.27 in cash per share [1] Company Investigation - Former Attorney General of Louisiana Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating the proposed sale [1] - The investigation aims to determine the fairness of the cash consideration and the process leading to the transaction [1]
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Inspirato Incorporated (NASDAQ: ISPO)
Prnewswire· 2025-12-19 18:13
Group 1 - Class Action Attorney Juan Monteverde's firm, Monteverde & Associates PC, has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1] - The firm is investigating Inspirato Incorporated (NASDAQ: ISPO) regarding its sale to Exclusive Investments LLC, with shareholders expected to receive $4.27 per share in cash [1] - The firm operates from the Empire State Building in New York City and has a successful track record in trial and appellate courts, including the U.S. Supreme Court [3] Group 2 - The firm emphasizes that not all law firms are equal and encourages potential clients to inquire about their track record before hiring [3] - Monteverde & Associates PC offers free consultations for shareholders with concerns about the proposed transaction involving Inspirato [4]
Why Is Inspirato Stock Gaining Today? - Inspirato (NASDAQ:ISPO)
Benzinga· 2025-12-17 18:24
Core Viewpoint - Inspirato Incorporated has agreed to a buyout deal with Exclusive Investments LLC, valuing the company at approximately $59 million, with a cash offer of $4.27 per share, representing a 50% premium over the stock's closing price on December 16 [1][2]. Acquisition Details - The acquisition will result in Inspirato's Class A common stock being delisted from Nasdaq, and the company will operate privately [2]. - The transaction has received unanimous support from Inspirato's board, which will recommend shareholder approval at a special meeting [2]. - Payam Zamani, the Chair and CEO, will vote his shares, which represent about 36% of the outstanding stock, in favor of the sale [2]. Leadership Changes - Following the acquisition, Payam Zamani will step down as CEO and chairman, with James Henderson serving as interim CEO until a permanent leader is appointed [3]. - Henderson expressed that the acquisition reflects confidence in Inspirato's potential and that private ownership can enhance stability and execution [4]. Business Model - Inspirato operates a subscription-style club model that provides access to luxury vacation homes, five-star hotels, and custom travel experiences [4]. Stock Performance - Following the announcement of the acquisition, Inspirato shares increased by 46.83%, trading at $4.175 [4].
Shareholder Alert: The Ademi Firm investigates whether Inspirato Incorporated is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-17 17:38
Core Viewpoint - The Ademi Firm is investigating Inspirato for potential breaches of fiduciary duty and other legal violations related to its transaction with Exclusive Investments [1][2]. Group 1: Transaction Details - Inspirato shareholders are set to receive $4.27 per share in an all-cash transaction [2]. - The transaction includes substantial benefits for Inspirato insiders as part of change of control arrangements [2]. Group 2: Board Conduct - The transaction agreement imposes significant penalties on Inspirato if it accepts competing bids, which may limit competing transactions unreasonably [2]. - The investigation focuses on whether the Inspirato board of directors is fulfilling their fiduciary duties to all shareholders [2].
The Exclusive Collective Launches with Agreement to Acquire Inspirato, Uniting Three Market-Leading Luxury Travel Brands
Businesswire· 2025-12-17 14:31
Core Insights - The launch of 'The Exclusive Collective' brings together Exclusive Resorts, Inspirato, and onefinestay to form a comprehensive private network in the luxury hospitality sector [1] Company Overview - Exclusive Resorts, Inspirato, and onefinestay are key players in the luxury hospitality market, now collaborating to enhance their offerings and customer experience [1] Industry Impact - The formation of 'The Exclusive Collective' is expected to create a significant impact on the luxury hospitality industry by providing a broader range of exclusive travel options and services [1]
Inspirato Announces Agreement to be Acquired by Exclusive Investments LLC
Globenewswire· 2025-12-17 14:15
DENVER, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato”) (Nasdaq: ISPO), the premier luxury vacation club and property technology company, today announced that it has entered into a definitive agreement to be acquired by Exclusive Investments LLC (“Exclusive Investments”), the parent company of Exclusive Resorts. Under the terms of the agreement, Exclusive Investments will acquire all outstanding shares of Inspirato for $4.27 per share in an all-cash transaction, valuing Inspirato at a ...
Inspirato Adds Iconic Destinations to Its Global Portfolio
Globenewswire· 2025-11-20 14:00
Core Insights - Inspirato has announced the addition of several new luxury properties to its global portfolio, enhancing its offerings in Italy, Austria, and Germany [1][9] - The new properties emphasize unique accommodations combined with high-quality service, reinforcing Inspirato's commitment to providing meaningful travel experiences [9] Property Additions - Villa Sassella in Lake Como, Italy, features stunning lake and mountain views, a private pool, and easy access to lakeside towns [3] - Rocco Forte Villa Igea in Palermo, Italy, is a historic seaside palazzo with views of the Tyrrhenian Sea and elegant Art Nouveau interiors [4] - Rocco Forte House Roma in Rome, Italy, consists of five private residences that blend 18th-century architecture with modern design [5] - Rocco Forte House Milan in Milan, Italy, offers sophisticated apartments with frescoed ceilings and a tranquil courtyard [6] - Rosewood Munich in Munich, Germany, is set in two restored historic buildings and includes a wellness spa and Alpine-inspired dining [7] - Rosewood Schloss Fuschl in Salzburg, Austria, is a 15th-century lakeside castle transformed into a serene retreat with a destination spa [8] - Almanac Palais Vienna in Vienna, Austria, features restored palaces with contemporary design and proximity to cultural landmarks [9] Strategic Partnerships - The expansion of Inspirato's portfolio strengthens its partnerships with renowned luxury brands such as Rosewood, Rocco Forte, and Almanac Hotels [9] - Each new property reflects the hallmark standards of Inspirato, including iconic design, exceptional service, and immersive local experiences [9]
Inspirato rporated(ISPO) - 2025 Q3 - Quarterly Report
2025-11-05 21:17
Revenue Performance - Revenue for Q3 2025 was $55,541,000, a decrease of 19.6% compared to $69,114,000 in Q3 2024[19] - For the three months ended September 30, 2025, total revenues decreased to $55.5 million, down 19.6% from $69.1 million in the same period of 2024[34][47] - For the nine months ended September 30, 2025, total revenues declined to $184.5 million, a decrease of 14.9% from $216.7 million for the same period in 2024[34][47] - Total revenue for the nine months ended September 30, 2025, was $184.538 million, down 14.9% from $216.741 million in 2024[127] - Total revenue decreased by $13.6 million, from $69.1 million in Q3 2024 to $55.5 million in Q3 2025, a decline of 20%[158] Profitability and Loss - Net loss for Q3 2025 was $4,521,000, compared to a net income of $6,622,000 in Q3 2024, indicating a significant shift in profitability[19] - The company reported a net loss of $5,313,000, compared to a net loss of $4,521,000 for the same period in 2024[25] - The basic earnings per share (EPS) for the three months ended September 30, 2025, was $(0.36), while for the same period in 2024, it was $0.77[90] - The diluted EPS for the three months ended September 30, 2025, was $(0.36), compared to $0.62 for the same period in 2024[91] - Net loss and comprehensive loss increased by $1.7 million from $6.5 million for the nine months ended September 30, 2024, to $8.2 million for the nine months ended September 30, 2025, an increase of 26%[173] Expenses and Cost Management - General and administrative expenses for Q3 2025 were $9,658,000, down from $19,795,000 in Q3 2024, a decrease of 51.2%[19] - General and administrative expenses decreased by $17.0 million from $48.4 million for the nine months ended September 30, 2024, to $31.4 million for the nine months ended September 30, 2025, a decrease of 35%[180] - Sales and marketing expenses decreased by $8.7 million from $24.7 million for the nine months ended September 30, 2024, to $16.0 million for the nine months ended September 30, 2025, a decrease of 35%[181] - Technology and development expenses decreased by $2.9 million from $6.0 million for the nine months ended September 30, 2024, to $3.1 million for the nine months ended September 30, 2025, a decrease of 48%[183] Assets and Liabilities - Total current assets decreased to $45,869,000 as of September 30, 2025, down from $58,383,000 at the end of 2024, a reduction of 21.4%[17] - Total liabilities decreased to $362,263,000 as of September 30, 2025, compared to $403,737,000 at the end of 2024, a decline of 10.3%[17] - Total assets decreased to $228,286,000 as of September 30, 2025, down from $273,885,000 at the end of 2024, a reduction of 16.6%[17] - Cash and cash equivalents decreased to $13,715,000 from $21,845,000, representing a decrease of 37.2%[17] Cash Flow and Financing Activities - The company generated $2,058,000 in net cash from financing activities, primarily from proceeds of $10,000,000 from the Investment Agreement[25] - Net cash used in operating activities decreased from $22.7 million in 2024 to $7.8 million in 2025, driven by changes in operating assets and liabilities[198] - Net cash used in investing activities decreased from $4.8 million in 2024 to $2.5 million in 2025, due to lower expenditures for property and equipment[199] - Net cash provided by financing activities decreased from $9.4 million in 2024 to $2.1 million in 2025, primarily due to the absence of proceeds from the Investment Agreement[200] Revenue Sources and Trends - Subscription revenue fell by $3.6 million, from $23.0 million in Q3 2024 to $19.4 million in Q3 2025, primarily due to a 14% decrease in the number of subscriptions[160] - Active subscriptions decreased from 12,400 as of September 30, 2024, to 10,700 as of September 30, 2025, reflecting a decline in market penetration[145] - Total travel revenue decreased by $8.7 million, from $42.6 million in Q3 2024 to $33.9 million in Q3 2025, driven by lower paid nights delivered[159] Operational Changes and Future Plans - The Company is executing a Reorganization Plan to address operational challenges and improve liquidity[35] - The Company has plans for market expansion through curated luxury experiences and personalized services to enhance customer satisfaction[28] - The Company believes its plans will allow it to meet projected working capital and capital expenditure requirements for at least the next twelve months[38] Legal and Compliance Issues - The Company is involved in ongoing legal disputes with former executives, with litigation currently in the discovery phase[105][106] - The Company paid a full and final settlement amount of $0.3 million for the termination of the Tax Receivable Agreement on August 9, 2024[81]