secwatch.observer — SEC 8-K summary
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Issuer:     Inspirato Inc (—)
CIK:        0001820566
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001104659-23-122865
Event type: regulatory
Sentiment:  negative
Materiality: 0.72
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspirato receives Nasdaq delisting notice for failing $15M public float requirement
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- Nasdaq notified Inspirato on Nov 27, 2023 that it failed MVPHS Rule for 30 consecutive business days.
- Must regain compliance by May 28, 2024; market value of publicly held shares must be at least $15M for 10 business days.
- No immediate impact on listing or trading of ISPO common stock or ISPOW warrants.
- Company evaluating options to regain compliance; if unsuccessful, may face delisting and can appeal.
- Risk of delisting if not compliant by May 28, 2024; no assurance appeal would succeed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820566/000110465923122865/0001104659-23-122865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820566/000110465923122865/tm2331727d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-122865

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