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Inspire Veterinary Partners Priced, Nasdaq: IVP

Acquires and operates veterinary hospitals across the US.

Industry: Health Care

Latest Trade: $0.69 +0.04 (+5.8%)

First Day Return: -23.3%

Return from IPO: -99.4%

Inspire Veterinary was incorporated in the state of Delaware in 2020 and on June 29, 2022, converted into a Nevada corporation. The Company owns and operates veterinary hospitals throughout the United States. The Company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds. As the Company expands, additional services are becoming a part of the offerings at its hospitals, including mixed animal facilities, critical care and other specialty services, and, as of December 2022, equine, or horse, care and emergency in one location. As of the date of this prospectus, the Company currently has thirteen veterinary hospitals located in nine states. Inspire Veterinary has expanded and plans to further expand through acquisitions of existing hospitals which have the financial track record, marketplace advantages and future growth potential. Because the Company leverages a leadership and support structure which is distributed throughout the United States, acquisitions are not centralized to one geographic area; the Company recently acquired its first veterinary hospital in the Northeast with the acquisition of Williamsburg Animal Clinic in Williamsburg, Massachusetts.
IPO Data
IPO Date 08/29/2023
Offer Price $4.00
Price Range $4.00 - $6.00
Offer Shares (mm) 1.6
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Spartan Capital Securities
Company Data
Headquarters Virginia Beach, VA, United States
Founded 2020
Employees at IPO 30
Website www.inspirevet.com

Inspire Veterinary Partners (IVP) Performance

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