Inspirato Inc. (NASDAQ: ISPO) to remove Class A stock and warrants from Nasdaq listing

Rhea-AI Filing Summary

Inspirato Inc. is being removed from the Nasdaq Stock Market. Nasdaq Stock Market LLC filed a Form 25 to strike Inspirato’s Class A common stock and related warrants from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.

The filing states that Nasdaq has complied with its own rules for removal and that Inspirato has complied with Nasdaq’s rules and SEC Rule 12d2-2(c) governing the voluntary withdrawal of its securities from listing and registration.

Positive

• None.

Negative

• Delisting from Nasdaq: Nasdaq Stock Market LLC filed Form 25 to remove Inspirato Inc.’s Class A common stock and warrants from listing and registration under Section 12(b), which generally reduces liquidity and market visibility for the securities.

Insights

Equity markets & listing standards analyst

Inspirato’s Class A shares and warrants are being delisted from Nasdaq.

The filing shows that Nasdaq Stock Market LLC has filed Form 25 to remove Inspirato Inc. Class A common stock and warrants from listing and registration under Section 12(b). This means those securities will no longer trade on Nasdaq once the process is completed.

The document also notes that Inspirato has complied with the exchange’s rules and SEC Rule 12d2-2(c) for a voluntary withdrawal. Delisting typically affects trading liquidity and visibility, and future disclosures or market communications would need to clarify any alternative trading venues or quotation arrangements.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-39791

Issuer:	Inspirato Inc
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	1544 Wazee Street
	Denver	COLORADO	80202
Telephone number:					(303) 586-7771

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Class A Common Stock, Warrants

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-02-03	By	Tara Petta		AVP
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Inspirato Inc. (ISPO) Form 25 filing mean for its Nasdaq listing?

The Form 25 filing means Inspirato’s Class A common stock and warrants are being removed from Nasdaq listing and registration under Section 12(b). Nasdaq certifies it followed its rules, indicating these securities will no longer trade on the exchange once the delisting process completes.

Which Inspirato Inc. (ISPO) securities are affected by the Form 25?

The filing covers Inspirato Inc.’s Class A common stock and warrants. Form 25 notifies the SEC that these specific classes of securities are being struck from listing and registration on Nasdaq, changing where and how they may trade going forward.

Is Inspirato Inc. (ISPO) voluntarily withdrawing from Nasdaq?

Yes. The filing cites SEC Rule 12d2-2(c), stating Inspirato has complied with Nasdaq’s rules and the SEC requirements governing voluntary withdrawal of a class of securities from listing and registration, indicating the company is participating in the delisting process.

Who filed the Form 25 for Inspirato Inc. (ISPO) and who signed it?

The Form 25 was filed by Nasdaq Stock Market LLC. The certification states Nasdaq has reasonable grounds to believe it meets all requirements, and the notification is signed on Nasdaq’s behalf by a duly authorized person, identified as AVP Tara Petta.

Under what legal authority is Inspirato Inc. (ISPO) being delisted from Nasdaq?

The delisting is filed as a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, referencing SEC Rule 12d2-2 and confirming compliance with exchange and regulatory procedures for removal.