About Inspirato
Launched in 2011, Inspirato is the innovative luxury travel subscription company that provides affluent travelers access to a managed and controlled portfolio
of hand-selected vacation options, delivered through a subscription model to ensure the service and certainty that affluent customers demand. The Inspirato Collection includes branded luxury vacation homes available exclusively to subscribers and
guests, accommodations at five-star hotel and resort partners, and custom travel experiences. In 2019, Inspirato improved travel by introducing Inspirato Pass, the worlds first luxury travel subscription inclusive of nightly rates, taxes, and
fees.
About Thayer Ventures Acquisition Corporation
Thayer Ventures Acquisition Corporation (Thayer) is a blank check company incorporated for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While Thayer may pursue an acquisition opportunity in any industry or sector, it is focusing on the travel and transportation
technology sectors, which align with the background and investing experience of the Thayer management team.
Forward-Looking Statements
This document may contain a number of forward-looking statements. Forward-looking statements include information concerning Thayers or
Inspiratos possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities and the effects of regulation, including whether this proposed business
combination will generate returns for shareholders. These forward-looking statements are based on Thayers or Inspiratos managements current expectations, estimates, projections and beliefs, as well as a number of assumptions
concerning future events. When used in this press release, the words estimates, projected, expects, anticipates, forecasts, plans, intends, believes,
seeks, may, will, should, future, propose and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify
forward-looking statements.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of
known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Thayers or Inspiratos managements control, that could cause actual results to differ materially from the results discussed
in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of
the definitive merger agreement between Thayer and the Company (the Business Combination Agreement) and the proposed business combination contemplated thereby; (b) the inability to complete the proposed business combination due to
the failure to obtain approval of the shareholders of Thayer or other conditions to closing in the Business Combination Agreement; (c) the ability to meet Nasdaqs listing standards following the consummation of the proposed business
combination; (d) the inability to complete the PIPE; (e) the risk that the proposed business combination disrupts current plans and operations of Inspirato or its subsidiaries as a result of the announcement and consummation of the
transactions described herein; (f) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth
profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) costs related to the proposed business combination; (h) changes in applicable laws or regulations, including legal or
regulatory developments (such as the U.S.