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Inspirato Chairman & CEO Payam Zamani Significantly Increases Ownership To ~8.2M Shares, Or ~50% Of Fully Diluted Shares Outstanding

Benzinga·12/19/2024 14:20:34
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Inspirato Incorporated ("Inspirato" or the "Company") (NASDAQ:ISPO), the premier members-only luxury vacation club, today announced increased ownership by Chairman and CEO Payam Zamani.

The investment was made both directly by Zamani, as well as his fully owned investment firm One Planet Group, further demonstrating his strong commitment to Inspirato, the future of the Company, and its position within the luxury club and vacation market.

Zamani's recent increased investment consisted of the following transactions, equating to a total of approximately one million shares:

  • Exercised investment option to acquire an additional $2.5 million shares.
  • Converted $600,000 cash owed to One Planet Group into additional shares at market price.
  • Invested approximately $350,000 to acquire 100,000 shares through open market purchases.

     

Including warrants, Zamani and One Planet Group now own approximately 8.2 million shares equating to approximately 50% of Inspirato's fully diluted shares outstanding.