Shares of Inspirato Inc. (NASDAQ:ISPO) jumped 46.5% in premarket trading on Wednesday after the luxury vacation club announced it had agreed to be acquired by Exclusive Investments LLC in an all-cash deal priced at $4.27 per share.
The transaction values Inspirato at roughly $59 million on a fully diluted basis and represents a premium of about 50% compared with the company’s closing share price on December 16, 2025, the final trading day before the announcement.
Once the deal is completed, Inspirato will transition to private ownership, and its Class A common stock will be delisted from Nasdaq. The acquisition is expected to close in early 2026, subject to approval by shareholders and the satisfaction of customary closing conditions.
Inspirato’s Board of Directors has unanimously approved the transaction and is recommending that shareholders vote in favor of the deal. The company’s largest shareholder, Chairman and Chief Executive Officer Payam Zamani—who controls approximately 36% of Inspirato’s outstanding Class A shares—has also committed to support the acquisition.
“This agreement represents an important step forward. It delivers immediate value to our shareholders while placing Inspirato in the hands of an owner with the resources, patience, and long-term commitment needed to honor our people, support our members, and steward this brand with care for years to come,” said Zamani, who will step down from his executive and board roles following the completion of the transaction.
Following the closing, James Henderson, Chief Executive Officer of The Exclusive Collective and Exclusive Resorts, will assume the role of interim CEO until a permanent leader is appointed. Henderson said that operating as a private company will allow Inspirato to “focus on execution, consistency, and value creation for subscribers, partners, and employees over the long term.”