Inspirato agrees to pay $20M to terminate convertible note upon merger close

Inspirato Inc

Payoff amount of $20M to Oakstone Ventures upon merger with Buyerlink; contingent on closing.
Terminates 8% senior secured convertible note, guarantee, and master services agreements with Capital One.
If merger fails by December 15, 2025, Capital One can sell the note; Inspirato must cooperate.
Company in preliminary discussions for capital raise to fund payoff; no definitive agreement yet.

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