Thayer Ventures Acquisition Corp - Ordinary Shares - Class A

NASDAQ:TVAC   3:20:32 PM EDT
10.04
+0.02 (+0.20%)
Exchange Changes, Mergers / Acquisitions, Equity Financing / Related

Inspirato To Be Publicly Listed Through Merger With Thayer Ventures Acquisition Corp

Published: 06/30/2021 12:35 GMT
Thayer Ventures Acquisition Corp - Ordinary Shares - Class A (TVAC) - Inspirato, the Innovative Luxury Travel Subscription Brand, to Be Publicly Listed Through a Merger With Thayer Ventures Acquisition Corp.
Thayer Ventures Acquisition Corp - Transaction Values Combined Company at an Estimated Pro Forma Enterprise Value of Approximately $1.1 Billion.
Thayer Ventures Acquisition - Combined Co to Operate As Inspirato, Its Class A Common Stock Expected to Be Listed on Nasdaq Under Ticker Symbol "ispo.
".
Thayer Ventures Acquisition - Transaction Expected to Provide Up to $260 Million in Net Cash Proceeds, Including Committed Pipe Totaling About $100 Million.
Thayer Ventures Acquisition Corp - Pipe is Led by Janus Henderson Investors and Rodina.
Thayer Ventures Acquisition Corp - Boards of Directors of Inspirato and Thayer Have Unanimously Approved Business Combination.
Thayer Ventures Acquisition Corp - Existing Inspirato Shareholders Will Roll 100% of Their Equity Into Combined Company.
Thayer Ventures Acquisition Corp - Chris Hemmeter, Co-ceo of Thayer, Will Join Combined Company's Board of Directors.
Thayer Ventures Acquisition - Combined Co to Continue to Be Led by Inspirato Founder & CEO Brent Handler.