secwatch.observer — SEC 8-K summary
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Issuer:     Inspirato Inc (—)
CIK:        0001820566
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001104659-23-109710
Event type: other
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspirato effects 1-for-20 reverse stock split to regain Nasdaq $1 bid compliance
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- Reverse split effective at close Oct 16, 2023; trading on split-adjusted basis begins Oct 17 under ISPO.
- Ratio 1:20 applied to all classes of common and preferred stock; authorized shares reduced proportionally.
- Outstanding warrants and options adjusted: every 20 pre-split warrants become exercisable for 1 share at $230.
- Company took action after stockholders approved reverse split proposal at Sept 26 special meeting.
- No fractional shares issued; cash in lieu based on prior day's closing price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820566/000110465923109710/0001104659-23-109710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820566/000110465923109710/tm2328580d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-109710

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