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Inspire Veterinary Partners, Inc. - Class A Common Stock (IVP)

2.5100
-0.1800 (-6.69%)

Inspire Veterinary Partners, Inc. is a company focused on advancing the veterinary care industry by partnering with and supporting veterinary practices

By providing resources, operational support, and strategic guidance, the company aims to enhance the quality of animal healthcare services. Inspire Veterinary Partners collaborates with a network of veterinary professionals to facilitate growth, efficiency, and innovation within practices, ultimately improving the overall experience for pet owners and their beloved animals. Through these partnerships, the company fosters a commitment to excellence in veterinary medicine, ensuring that practitioners can deliver the highest standard of care.

SummaryNewsPress ReleasesChartHistoricalFAQ
Samantha A. Ciulla Joins Inspire Veterinary Partners as Director of Business Development
Ciulla has over a decade of leadership experience in operations, acquisition integration and business development within the veterinary sector
Via ACCESS Newswire · January 29, 2025
Inspire Veterinary Partners Announces 1-for-25 Reverse Stock Split
VIRGINIA BEACH, VA / ACCESS Newswire / January 22, 2025 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that it will effect a 1-for-25 reverse stock split ("Reverse Stock Split") of its authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Split will become effective at 12:01am, Eastern Time, on January 27, 2025. At such time, each 25 shares of issued and outstanding Common Stock will automatically be reclassified into one new share of Common Stock. The total number of shares of Common Stock authorized for issuance will then be reduced by a corresponding proportion from 36,998,148 shares to 1,479,926 shares. Proportional adjustments will also be made to outstanding equity awards, warrants and convertible notes, and to the number of shares issued and issuable under the Company's stock incentive plans and certain existing agreements. No fractional shares will be issued in connection with the Reverse Stock Split. All fractional shares will be rounded up. The Reverse Stock Split will affect all common stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity.
Via ACCESS Newswire · January 22, 2025
Inspire Veterinary Partners Reports Third Quarter 2024 Financial Results
VIRGINIA BEACH, VA / ACCESSWIRE / November 13, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today reported its financial results for the third quarter and nine months ended September 30, 2024.
Via ACCESSWIRE · November 13, 2024
Inspire Veterinary Partners Announces $2.5 Million Registered Direct Offering of Common Stock
VIRGINIA BEACH, VA / ACCESSWIRE / October 22, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that it has entered into a securities purchase agreement with institutional investors, providing for the purchase and sale of 10,000,000 million shares of Class A common stock in a registered direct offering, at a price per share of $0.25. The offering is expected to close on or about October 23, 2024, subject to the satisfaction of customary closing conditions.
Via ACCESSWIRE · October 22, 2024
Inspire Veterinary Partners Announces Non-Binding Acquisition Proposal of Vetsie.ai
VIRGINIA BEACH, VA / ACCESSWIRE / August 27, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that it has entered into a non-binding letter of intent (the "LOI") with Vetsie.ai, an Artificial Intelligence ("AI") software platform designed to empower veterinary professionals with quick, accurate access to critical information on patient conditions, treatments, and medications, to engage in diligence and initial negotiations regarding the terms of a potential transaction whereby Inspire may Acquire Vetsie.ai in an all- stock transaction. This potential equity-only acquisition, if consummated, would be completed without the need for any operating capital infusion from Inspire into the acquired business for the first fiscal year.
Via ACCESSWIRE · August 27, 2024
Inspire Veterinary Partners Reaffirms Plans to Accelerate Acquisition and Growth Strategy Following Closing of Recent Public Offering
Strategy includes multiple paths for long-term growth in the economically resilient pet health and wellness marketplace
Via ACCESSWIRE · August 6, 2024
CORRECTION: Inspire Veterinary Partners Announces 1-for-100 Reverse Stock Split
(This release updates the release that posted on May 6, 2024 to correct the total number of shares of Common Stock and the date the Company's board approved the reverse stock split)
Via ACCESSWIRE · May 7, 2024
Inspire Veterinary Partners Unveils Plans for New Verticals to Drive Next Phase of Growth in Veterinary Care
VIRGINIA BEACH, VA / ACCESSWIRE / August 20, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced its plans to accelerate its growth through acquisitions of single and multi-unit providers, broadening its service offerings, and enhancing business operations and consumer engagement by implementing Artificial Intelligence (AI) tools.
Via ACCESSWIRE · August 20, 2024
Inspire Veterinary Partners Announces Phillip Balatsos as New Independent Nominee for Election to Board of Directors
VIRGINIA BEACH, VA / ACCESSWIRE / August 16, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that its board of directors has nominated Phillip Balatsos to stand for election as an independent director at its annual meeting of stockholders on October 9, 2024.
Via ACCESSWIRE · August 16, 2024
Inspire Veterinary Partners Reports Second Quarter 2024 Financial Results
VIRGINIA BEACH, VA / ACCESSWIRE / August 14, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today reported its financial results for the second quarter and six months ended June 30, 2024.
Via ACCESSWIRE · August 14, 2024
Inspire Veterinary Partners to Present at Sidoti Virtual Investor Conference August 14
VIRGINIA BEACH, VA / ACCESSWIRE / July 31, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that Kimball Carr, President & Chief Executive Officer of Inspire, will be presenting at the upcoming Sidoti Virtual Investor Conference on August 14th at 1:45 PM Eastern. Investors and other interested individuals may access the virtual presentation here: https://sidoti.meetmax.com/sched/event_108949/conference_presentations.html
Via ACCESSWIRE · July 31, 2024
Inspire Veterinary Partners CEO and President Kimball Carr Provides Corporate Update in Letter to Shareholders
VIRGINIA BEACH, VA / ACCESSWIRE / July 24, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today issued a corporate update in a Letter to Shareholders from CEO & President, Kimball Carr.
Via ACCESSWIRE · July 24, 2024
Inspire Veterinary Partners Reports Full Year 2023 Financial Results
Full year 2023 revenue increases approximately 70% year-over-year to $16.7 million
Via ACCESSWIRE · April 8, 2024
Inspire Veterinary Partners Announces Closing of $6 Million Public Offering
VIRGINIA BEACH, VA / ACCESSWIRE / July 10, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced the closing of its previously announced public offering of 6,000,000 units, each unit consisting of either one share of the Company's Class A common stock or one pre-funded warrant to purchase one share of the Company's Class A common stock and one warrant to purchase one share of the Company's Class A common stock at a public offering price of $1.00 per unit.The pre-funded warrants are issuable to purchasers in lieu of shares of Class A common stock that would otherwise result in such purchaser's beneficial ownership exceeding 4.99% (or, at the election of the purchaser, 9.99%) of the Company's outstanding Class A common stock, if any such purchaser so chooses. Each pre-funded warrant is exercisable at any time to purchase one common share at an exercise price of $0.0001 per share. Gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, were approximately $6.0 million. The Company intends to use the proceeds of the offering for working capital, general corporate purposes, payments to a third-party marketing agency for services related to marketing and advertising, strategic investments, and any additional future acquisition (if any).
Via ACCESSWIRE · July 10, 2024
Inspire Veterinary Partners Announces Pricing of $6 Million Public Offering
VIRGINIA BEACH, VA / ACCESSWIRE / July 8, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., announces the pricing of its public offering of 6,000,000 units, each unit consisting of either one share of the Company's Class A common stock or one pre-funded warrant to purchase one share of the Company's Class A common stock and one warrant to purchase one share of the Company's Class A common stock at a public offering price of $1.00 per unit.The pre-funded warrants are issuable to purchasers in lieu of shares of Class A common stock that would otherwise result in such purchaser's beneficial ownership exceeding 4.99% (or, at the election of the purchaser, 9.99%) of the Company's outstanding Class A common stock, if any such purchaser so chooses. Each pre-funded warrant is exercisable at any time to purchase one common share at an exercise price of $0.0001 per share. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, were approximately $6.0 million. The Company intends to use the proceeds of the offering for working capital, general corporate purposes, payments to a third-party marketing agency for services related to marketing and advertising, strategic investments, and any additional future acquisition (if any).
Via ACCESSWIRE · July 8, 2024
Inspire Veterinary Partners Reports First Quarter 2024 Financial Results
VIRGINIA BEACH, VA / ACCESSWIRE / May 15, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today reported its financial results for the first quarter ended March 31, 2024.
Via ACCESSWIRE · May 15, 2024
Inspire Veterinary Partners Announces 1-for-100 Reverse Stock Split
VIRGINIA BEACH, VA / ACCESSWIRE / May 6, 2024 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that it will effect a 1-for-100 reverse stock split ("Reverse Stock Split") of its authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Split will become effective at 12:01am, Eastern Time, on May 8, 2024. At such time, each 100 shares of issued and outstanding Common Stock will automatically be reclassified into one new share of Common Stock. The total number of shares of Common Stock authorized for issuance will then be reduced by a corresponding proportion from 100,00,000 shares to 1,000,000 shares. Proportional adjustments also will be made to outstanding equity awards, warrants and convertible notes, and to the number of shares issued and issuable under the Company's stock incentive plans and certain existing agreements. No fractional shares will be issued in connection with the Reverse Stock Split. All fractional shares will be rounded up. The Reverse Stock Split will affect all common stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity.
Via ACCESSWIRE · May 6, 2024
Inspire Veterinary Partners Announces New Employee Benefit Program With BetterHelp to Support the Wellbeing of Staff
VIRGINIA BEACH, VA / ACCESSWIRE / February 29, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced a new benefit for its employees with BetterHelp.com, a provider of professional, affordable, and personalized therapy in a convenient online format. Starting April 1, 2024, all Inspire employees will have access to convenient, and professional therapy online.
Via ACCESSWIRE · February 29, 2024
More Millennials Are Opting For Pets Over Children As Pet Industry Continues To Grow
VIRGINIA BEACH, VA / ACCESSWIRE / February 28, 2024 / Millennials and their "fur babies" are taking center stage in modern society. As millennials are increasingly delaying major life milestones like marriage, children and home buying, pets seem to be the exception. As of 2024, 66% of American households own a pet, and more than half of pet owners consider their pet a part of the family as much as human family members. Isolation during the pandemic notably increased pet ownership, with 78% of surveyed pet owners obtaining a pet during the pandemic. However, the surge in pet ownership spurred by COVID-19 is only one piece of the puzzle. As the cost of living and inflation continue to skyrocket while the threat of climate change burns in the background, many millennials are seeing pets as the economical and ethical choice for companionship.
Via ACCESSWIRE · February 28, 2024
Inspire Veterinary Partners Newly Built and Designed Family Pet Care Animal Hospital in Sugarland, Texas is Now Open to Serve Houston Area Pet Owners
VIRGINIA BEACH, VA / ACCESSWIRE / February 21, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced that its Family Pet Care animal hospital in Lakeside Town Center, Sugarland, Texas, designed to enhance customer service and improve staff support, is now open to serve the greater Houston community.
Via ACCESSWIRE · February 21, 2024
Inspire Veterinary Partners Announces Closing of $4.0 Million Public Offering
VIRGINIA BEACH, VA / ACCESSWIRE / February 13, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced it has closed its previously announced public offering of shares of Class A common stock for gross proceeds of approximately $4.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for strategic acquisitions, the engagement of external, third-party marketing and business consultants, working capital and general corporate purposes.
Via ACCESSWIRE · February 13, 2024
Inspire Veterinary Partners Announces Pricing of $4.0 Million Public Offering
VIRGINIA BEACH, VA / ACCESSWIRE / February 9, 2024 / Inspire Veterinary Partners, Inc. (NASDAQIVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S., today announced today the pricing of its "reasonable best efforts" public offering of shares of Class A common stock for gross proceeds of approximately $4.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company.
Via ACCESSWIRE · February 9, 2024
Nasdaq Stocks Under $1 to Watch Now! VTAK, IVP, ONCO, AKTS, RDHL
Exploring the stock market can pose challenges, yet categorizing stocks can simplify the process for investors. This article delves into NASDAQ-listed stocks currently priced below $1 per share, examining five such options.
Via AB Newswire · January 31, 2024
Paws And Prosperity: Exploring U.S. Pet Services Growth And The Anticipated Surge In Annual Pet Spending From $980 To $1,292 By 2025
VIRGINIA BEACH, VA / ACCESSWIRE / January 31, 2024 / The number of U.S. homes with pets has been trending upward for decades, with more than 5 million more pets in the U.S. than before the pandemic. Beyond the pandemic-driven boom, the trends continue, driven by changing social dynamics as well as technological advancements. According to Morgan Stanley, the pet services industry is set to grow at a compound annual growth rate (CAGR) of 8% over 2022-2030, reaching a projected total of $277 billion.
Via ACCESSWIRE · January 31, 2024
Inspire Veterinary Partners (NASDAQ: IVP): Empowering Veterinary Professionals Through Its Employee-Oriented Ownership Model
VIRGINIA BEACH, VA / ACCESSWIRE / January 25, 2024 / Inspire Veterinary Partners Inc. (NASDAQIVP) introduces a distinctive approach to veterinary practice ownership that is markedly different from traditional investment models. This approach, diverging from the top-down that uses short-term strategies typical in private equity, emphasizes engaged ownership and a commitment to the well-being of both pets and veterinary professionals.
Via ACCESSWIRE · January 25, 2024