Brief: Inspirato Announces $10 Million Capital Infusion By One Planet Group, Appoints Payam Zamani As CEO And Chairman

Inspirato

13/08/2024 14:46

Aug 13 (Reuters) - Inspirato Inc  ISPO.O :
    * INSPIRATO ANNOUNCES $10 MILLION CAPITAL INFUSION BY ONE
PLANET
GROUP, APPOINTS PAYAM ZAMANI AS CEO AND CHAIRMAN
    * PLANS TO IMPLEMENT INITIATIVES EXPECTED TO REDUCE COSTS BY
APPROXIMATELY $25 MILLION ON AN ANNUALIZED BASIS
    * PLAN INCLUDES REDUCTION IN WORKFORCE OF 15% AND
TERMINATION OF
PREVIOUSLY IMPAIRED, POORLY PERFORMING LEASES

Source text for Eikon:  ID:nGNX4ZJC18 
Further company coverage:  ISPO.O 

 ((Reuters.Briefs@thomsonreuters.com;))