Press Release

Thayer Ventures Acquisition Corp. Completes Merger With Inspirato

February 18, 2022

Denver – February 18, 2022 – Cooley advised Thayer Ventures Acquisition Corp., a publicly traded special purpose acquisition company affiliated with Thayer Ventures, on its completed business combination with innovative luxury travel subscription brand Inspirato. Lawyers Daniel Peale, John McKenna, Milson Yu, Michelle Peleg, Shawn Fateh, Jonathan Camello, Brian Kloeblen and Angel Nwachukwu led the Cooley team advising Thayer Ventures.

Known as Inspirato, the combined company began trading its Class A common stock and warrants on the Nasdaq Stock Market under the ticker symbols ISPO and ISPOW, respectively, on February 14, 2022.

“Inspirato continues to show all the hallmarks of a disruptive leader in the luxury travel space,” Chris Hemmeter, former co-CEO of Thayer Ventures Acquisition Corp., said in a news release. “With its network-effect subscription business model, relentless focus on subscriber satisfaction, and growing supply-side momentum, it is custom-designed to help travelers make the most of their valuable time in a post-pandemic world. We look forward to supporting Inspirato’s future growth.”

Founded in 2009, Thayer Ventures has built a platform for travel and transportation entrepreneurs to leverage unequaled guidance from an experienced team, strategic limited partners, industry-leading advisers and the entire Thayer portfolio ecosystem.

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