---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-030463"
form_type: "8-K"
ticker: "IVPR"
cik: "0001939365"
company_name: "INSPIRE VETERINARY PARTNERS, INC."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:32:09.074933+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Inspire Veterinary issues $500K in senior notes with 15-30% OID; amends Series A preferred floor to $0.01

## Summary
- Two Increasing OID Senior Notes issued, each $250,000 aggregate principal, total $500,000.
- OID escalates: 15% if repaid in 45 days, 20% by 90 days, 30% thereafter; no prepayment penalty.
- Notes convertible at $0.03 per share; default conversion at lower of fixed price or 20% discount to 3-day VWAP.
- Notes must be repaid from any future capital raises; default triggers 20% face value increase.
- Series A preferred stock floor price lowered to $0.01 via amendment filed with Nevada Secretary of State.

## SEC filing metadata
- accession: 0001213900-24-030463
- form_type: 8-K
- ticker: IVPR
- cik: 0001939365
- company_name: INSPIRE VETERINARY PARTNERS, INC.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1939365/000121390024030463/0001213900-24-030463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1939365/000121390024030463/ea0203343-8k_inspire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-030463
- JSON: https://secwatch.observer/filing/0001213900-24-030463.json
- Plain text: https://secwatch.observer/filing/0001213900-24-030463.txt

## Key facts
- Governance Changes
  INSPIRE VETERINARY PARTNERS, INC.: Lowered the floor price of the Series A preferred stock to $0.01 via a Certificate of Amendment to the Certificate of Designation (effective 2024-04-04).
  - Change: charter amendment
  - Effective: 2024-04-04
  source text: The Company filed a second Certificate of Amendment to the Certificate of Designation of its Series A preferred stock with the Nevada Secretary of State (the “Amendment”). Pursuant to the Amendment, the floor price of the Company’s Series A preferred stock was lowered to $0.01.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1939365/000121390024030463/0001213900-24-030463-index.htm
- Material Agreements
  INSPIRE VETERINARY PARTNERS, INC. entered into Purchase Agreement with certain investors valued at each for $250,000 (effective 2024-03-28).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain investors
  - Value: each for $250,000
  - Effective: 2024-03-28
  source text: On March 28, Inspire Veterinary Partners, Inc. (the “Company”) entered into a securities purchase agreement (each a “Purchase Agreement”) with certain investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1939365/000121390024030463/0001213900-24-030463-index.htm

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