Inspirato (ISPO) shares were up more than 47% in recent Wednesday trading after the company said it signed a definitive deal to be acquired by Exclusive Investments in a $59 million all-cash transaction.
Under the agreement, Exclusive Investments will acquire all outstanding Inspirato shares for $4.27 in cash per share, implying an equity value of about $59 million on a fully diluted basis, Inspirato said.
Inspirato said the purchase price represents about a 50% premium to its Tuesday closing price.
Inspirato's board has approved the transaction and the company said it signed a voting and support agreement for Chief Executive Officer Payam Zamani to vote in favor of the deal. Zamani is the company's largest shareholder, owning about 36% of its class A shares, Inspirato added.
The transaction is expected to close in early 2026, after which Inspirato said it will become a privately held company.
Price: 4.18, Change: +1.34, Percent Change: +47.22
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