Inspire Veterinary Partners Signs Cancellation and Exchange Agreement With Target Capital 1

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2026.01.20 18:23
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Inspire Veterinary Partners has signed a Cancellation and Exchange Agreement with Target Capital 1 to reduce debt through a debt-for-equity swap. The company will cancel $25,000 of principal from a promissory note in exchange for 2,500,000 shares of Class A common stock at $0.01 per share. This private exchange aims to enhance the company's balance sheet and financial flexibility. The agreement was signed on January 14, 2026, and is effective at will.