# EDGAR Filing Document

**Accession Number:** 0001820566
**File Stem:** 0001820566-25-000186
**Filing Date:** 2025-9
**Character Count:** 9694
**Document Hash:** 3a2c9d4f445e514b7cd18ddd8cafe7c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001820566-25-000186.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0001820566-25-000186

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250929

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Inspirato Inc
- **CENTRAL INDEX KEY:** 0001820566
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39791
- **FILM NUMBER:** 251352486

**BUSINESS ADDRESS:**
- **STREET 1:** 1544 WAZEE STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 303-586-7771

**MAIL ADDRESS:**
- **STREET 1:** 1544 WAZEE STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Thayer Ventures Acquisition Corp
- **DATE OF NAME CHANGE:** 20200806

?xml version='1.0' encoding='ASCII'? ispo-20250929

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(D)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): September 29, 2025**

**Inspirato Incorporated**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Delaware** | **001-39791** | **85-2426959** |
| **(State or other jurisdiction**<br>**of incorporation or organization)** | **(Commission**<br>**File Number)** | **(I.R.S. Employer**<br>**Identification Number)** |

---

---

| | |
|:---|:---|
| **1544 Wazee Street**<br>**Denver, CO** | **80202** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

**(303) 839-5060**

**(Registrant's telephone number, including area code)**

**Not Applicable**

**(Former name or former address, if changed since last report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 <br> ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 <br> ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 <br> ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 <br> ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br>**Symbol(s)** | **Name of each exchange**<br>**on which registered** |
| **Class A common stock, $0.0001 par value per share** | **ISPO** | **The Nasdaq Stock Market LLC** |
| **Warrants to purchase Class A common stock** | **ISPOW** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 7.01. Regulation FD Disclosure.**

On September 29, 2025, Inspirato Incorporated (the "Company") issued a press release announcing that it had received an unsolicited interest to acquire the Company. The Company's Board of Directors, through its Special Committee of independent directors, has reviewed the proposal in consultation with its legal and financial advisors and determined not to pursue the transaction. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.

**Item 9.01. Financial Statements and Exhibits.**

**(d) Exhibits.**

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| | | | |
|:---|:---|:---|:---|
| **Exhibit** | **No.** |  | **Description** |
| 99.1 | | | <u>[Press Released dated September 29, 2025](ispo-09292025x8kxex991.htm)</u> |
| 104 | | | Cover Page Interactive Data File (Cover Page XBRL tags are embedded within the Inline XBRL document) |

---

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**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 29, 2025 | By: | /s/ Brent Wadman |
|  | Name: | Brent Wadman |
|  | Title: | General Counsel |

---

## Exhibit 99.1

![image_0a.jpg](image_0a.jpg)

**Inspirato Reaffirms Independent Strategy, Highlights Recent Achievements and Its Focus on Long-Term Shareholder Value**

**DENVER, September 29, 2025 — <u>Inspirato Incorporated</u> ("Inspirato" or the "Company") (Nasdaq: ISPO)**, the premier luxury vacation club and property technology company, today reaffirmed its independent strategy following recent unsolicited interest in acquiring the Company. After careful review, the Board of Directors determined that pursuing such a transaction is not in the best interests of the Company, its shareholders, members, or employees.

**A Strengthened Foundation**<br> Over the past 14 months, Inspirato has executed a focused transformation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Reduced overhead by tens of millions, creating a leaner, more agile business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Relaunched *Inspirato Pass*, expanding access and delivering more value to members.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Deepened commitment to curated, bespoke luxury travel experiences for members.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Achieved trailing 12-month EBITDA¹ profitability as of Q2 2025.

**Commitment to Shareholders**

"Our responsibility is to maximize long-term shareholder value," said Payam Zamani, Chairman & CEO. "Inspirato is stronger today than at any point in its recent history. We have an extraordinary team, a resilient business model, and a clear vision for the future. While we will always evaluate strategic opportunities, we will only pursue those that align with our mission and deliver enduring value to all shareholders."

**Looking Ahead**

With a solid vision and a clear strategy, Inspirato is positioned for a strong future—defined by enhanced member offerings, profitable growth, and a steadfast commitment to transparency and long-term value creation. The Company is also actively exploring accretive financing options to support its growth strategy as a stand-alone entity.

For more information about Inspirato and its exclusive luxury travel offerings and partnerships, visit <u>www.inspirato.com</u>.

**About Inspirato**<br>Inspirato (NASDAQ: ISPO) is a luxury vacation club and a property technology company that provides access to a portfolio of curated vacation options, delivered through an innovative model designed to ensure the service, certainty, and value that discerning travelers demand. The Inspirato portfolio includes exclusive luxury vacation homes, accommodations at five-star hotel and resort partners, and custom travel experiences. For more information, visit www.inspirato.com and follow @inspirato on Instagram, Facebook, X, and LinkedIn.

**(1) Non-GAAP Financial Measures**<br> Reconciliation to the most relevant GAAP figures can be found in the Company's financial statements for the second quarter of 2025, filed with the SEC on <u>Form 10-Q</u>.

**Forward-Looking Statements** 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements generally relate to future events, the Company's future financial or operating performance or its potential strategic alternatives. In some cases, you can identify forward-looking statements because they contain words such as "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "would," "project," "forecast," "plan," "intend," "target," or the negative of these words or other similar expressions that concern the Company's expectations, strategy, priorities, plans, or intentions. Forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those projected. These risks include the risk that the Company's consideration of potential strategic alternatives will not result in a successful transaction or strategic direction and other risks detailed in the Company's filings with the Securities and Exchange Commission. All information provided in this release is as of the date hereof, and the Company undertakes no duty to update this information unless

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![image_0a.jpg](image_0a.jpg)

required by law. These forward-looking statements should not be relied upon as representing the Company's assessment as of any date subsequent to the date of this release.

Contacts: <br> Investor Relations<br><u>ir@inspirato.com</u> Media Relations<br><u>communications@inspirato.com</u>

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