---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-003112"
form_type: "8-K"
ticker: "IVPR"
cik: "0001939365"
company_name: "INSPIRE VETERINARY PARTNERS, INC."
filed_at: "2026-01-12T23:59:59+00:00"
generated_at: "2026-05-16T10:57:57.145928+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Inspire Veterinary issues $975K convertible note at 23% OID, 10% interest; director resigns

## Summary
- Issued $975K principal secured convertible note to Manetto Hill Fund for $750K; 10% interest, matures Dec 31, 2026.
- Conversion price at lesser of $0.06 or 80% of 15-day low (floor $0.01); up to 2.5M commitment shares.
- Proceeds for general working capital; note secured by first-priority lien on certain veterinary clinics.
- Agreement allows up to $1.626M aggregate principal; additional closings possible.
- Director Timothy Watters resigned effective Jan 6, 2026; no disagreement with company.

## SEC filing metadata
- accession: 0001213900-26-003112
- form_type: 8-K
- ticker: IVPR
- cik: 0001939365
- company_name: INSPIRE VETERINARY PARTNERS, INC.
- filed_at: 2026-01-12T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1939365/000121390026003112/0001213900-26-003112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1939365/000121390026003112/ea0272511-8k_inspire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-003112
- JSON: https://secwatch.observer/filing/0001213900-26-003112.json
- Plain text: https://secwatch.observer/filing/0001213900-26-003112.txt

## Key facts
- Debt Financings
  INSPIRE VETERINARY PARTNERS, INC. incurred convertible notes of up to an aggregate of $1,626,000 principal amount of convertible promissory notes with Manetto Hill Fund Series I LLC.
  - Instrument: convertible notes
  - Principal: up to an aggregate of $1,626,000 principal amount of convertible promissory notes
  - Counterparty: Manetto Hill Fund Series I LLC
  - Event: incurrence
  source text: On January 6, 2026, effective as of December 31, 2025, Inspire Veterinary Partners, Inc. (the "Company") entered into a securities purchase agreement with Manetto Hill Fund Series I LLC, a Delaware limited liability company ("Manetto") whereby the Company may issue up to an aggregate of $1,626,000 principal amount of convertible promissory notes in one or more closings, subject to the terms and conditions set forth therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1939365/000121390026003112/0001213900-26-003112-index.htm
- Debt Financings
  INSPIRE VETERINARY PARTNERS, INC. incurred convertible notes of $975,000 with Manetto Hill Fund Series I LLC at 10% per annum maturing December 31, 2026.
  - Instrument: convertible notes
  - Principal: $975,000
  - Counterparty: Manetto Hill Fund Series I LLC
  - Rate: 10% per annum
  - Maturity: December 31, 2026
  - Event: incurrence
  source text: On January 6, 2026, effective as of December 31, 2025, the Company issued to a secured convertible promissory note in the principal amount of $975,000 for a purchase price of $750,000 (the "Note").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1939365/000121390026003112/0001213900-26-003112-index.htm
- Material Agreements
  INSPIRE VETERINARY PARTNERS, INC. entered into securities purchase agreement with Manetto Hill Fund Series I LLC valued at up to an aggregate of $1,626,000 principal amount of convertible promissory notes (effective 2026-01-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Manetto Hill Fund Series I LLC
  - Value: up to an aggregate of $1,626,000 principal amount of convertible promissory notes
  - Effective: 2026-01-06
  source text: On January 6, 2026, effective as of December 31, 2025, Inspire Veterinary Partners, Inc. (the “Company”) entered into a securities purchase agreement with Manetto Hill Fund Series I LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1939365/000121390026003112/0001213900-26-003112-index.htm

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