---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-088902"
form_type: "8-K"
ticker: null
cik: "0001820566"
company_name: "Inspirato Inc"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:37:44.199354+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# Inspirato secures $25M convertible note from Capital One Ventures; Q2 results & guidance updated

## Summary
- Secured $25M convertible note from Capital One Ventures (Oakstone Ventures); 8% interest, due 2028, conversion at $1.50/share.
- Closing conditioned on stockholder approval and signing of a commercial agreement with Capital One.
- Company has right to issue up to $24.999M in additional notes with Purchaser's consent.
- Q2 2023 earnings press released; full-year guidance updated (specific figures not in filing text).

## SEC filing metadata
- accession: 0001104659-23-088902
- form_type: 8-K
- cik: 0001820566
- company_name: Inspirato Inc
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 1.01, 2.02, 2.03, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820566/000110465923088902/0001104659-23-088902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820566/000110465923088902/tm2323136d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088902
- JSON: https://secwatch.observer/filing/0001104659-23-088902.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088902.txt

## Key facts
- Debt Financings
  Inspirato Inc incurred convertible notes of $25,000,000 with Oakstone Ventures, Inc. at 8% per annum maturing five-year anniversary of the Closing.
  - Instrument: convertible notes
  - Principal: $25,000,000
  - Counterparty: Oakstone Ventures, Inc.
  - Rate: 8% per annum
  - Maturity: five-year anniversary of the Closing
  - Event: incurrence
  source text: Corporation (“ Capital One ”), relating to the issuance and sale to the Purchaser of an 8% Senior Secured Convertible Note due 2028 having an aggregate principal amount of $25,000,000 (the “ Initial Note ”). The closing of the transactions contemplated by the Investment Agreement (the “ Transaction ”) is subject to certain closing conditions as described below
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820566/000110465923088902/0001104659-23-088902-index.htm
- Earnings Releases
  Inspirato Inc updated its quarter ended June 30, 2023 guidance (reaffirmed).
  - Period: quarter ended June 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 8, 2023, the Company issued a press release announcing its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820566/000110465923088902/0001104659-23-088902-index.htm
- Material Agreements
  Inspirato Inc entered into Investment Agreement with Oakstone Ventures, Inc. valued at 8% Senior Secured Convertible Note due 2028, aggregate principal amount of $25,000,000 (effective 2023-08-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Oakstone Ventures, Inc.
  - Value: 8% Senior Secured Convertible Note due 2028, aggregate principal amount of $25,000,000
  - Effective: 2023-08-07
  source text: On August 7, 2023, Inspirato Incorporated (the “ Company ”) entered into an investment agreement (the “ Investment Agreement ”) with Oakstone Ventures, Inc. (the “ Purchaser ”), an affiliate of Capital One Financial Corporation (“ Capital One ”), relating to the issuance and sale to the Purchaser of an 8% Senior Secured Convertible Note due 2028 having an aggregate principal amount of $25,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820566/000110465923088902/0001104659-23-088902-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.