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Inspirato Announces Second Quarter Results and Closing of $10 Million Investment Agreement with One Planet Group LLC
ISPOInspirato rporated(ISPO) GlobeNewswire News Room·2024-08-13 20:30

DENVER, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated ("Inspirato" or the "Company") (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2024 second quarter financial and operating results, the closing of its previously announced 10millionInvestmentAgreementwithOnePlanetGroupLLC("OnePlanetGroup")andisintheprocessofimplementinginitiativesexpectedtoreducecostsbyapproximately10 million Investment Agreement with One Planet Group LLC ("One Planet Group") and is in the process of implementing initiatives expected to reduce costs by approximately 25 million on an annualized basis. Except as otherwise stated, all financial re ...