--- title: "Inspire Veterinary Partners Signs Cancellation and Exchange Agreement With Target Capital 1" description: "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 pr" type: "news" locale: "en" url: "https://longbridge.com/en/news/273120876.md" published_at: "2026-01-20T18:23:00.000Z" --- # Inspire Veterinary Partners Signs Cancellation and Exchange Agreement With Target Capital 1 > 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. Inspire Veterinary Partners entered into a Cancellation and Exchange Agreement to reduce debt through a debt-for-equity swap. The company cancelled $25,000 of principal outstanding under a June 10, 2025 promissory note in exchange for 2,500,000 shares of Class A common stock priced at $0.01 per share. The private exchange was completed under securities law exemptions and is intended to improve the company's balance sheet and financial flexibility. **Agreement details:** - **Agreement type**: Cancellation and Exchange Agreement (debt-for-equity exchange) - **Counterparty**: Target Capital 1 - **Signed / Effective**: Jan 14 2026 / same - **Duration / Termination**: At will - **Reason**: Reduce debt and strengthen equity Original SEC Filing: INSPIRE VETERINARY PARTNERS, INC. \[ IVP \] - 8-K - Jan. 20, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [IVP.US - Inspire Veterinary Partners](https://longbridge.com/en/quote/IVP.US.md) - [IVPR.US - Inspire Veterinary Partners, Inc.](https://longbridge.com/en/quote/IVPR.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 23:00 ETYVL Capital Partners Officially Launches in Dubai Following Strong Pre-Launch Momentum Across MENA and Global Tech Hubs | YVL Capital Partners, an AI-native venture capital firm, has officially launched in Dubai after establishing strong mome | [Link](https://longbridge.com/en/news/276828269.md) | | 3G Capital Partners Ltd Boosts Microsoft Stake by 55,000 Shares | 3G Capital Partners Ltd has increased its stake in Microsoft by 55,000 shares. Despite recent volatility in Microsoft's | [Link](https://longbridge.com/en/news/276501449.md) | | VC, PE capital yet to flow into India’s AI sector: Investor | Anirudh Suri, Founding Partner of the India Internet Fund, emphasizes the need for private equity and venture capital to | [Link](https://longbridge.com/en/news/276418024.md) | | Not so fast: Quick-moving AI leaves accountability behind in the dust | The rapid advancement of artificial intelligence (AI) in medicine raises concerns about accountability. While AI can enh | [Link](https://longbridge.com/en/news/276514026.md) | | Blue Owl Capital gets reprieve after Saba Capital and Cox Capital’s tender offers | Activist investors Saba Capital and Cox Capital Partners have proposed to buy stakes in three private credit funds manag | [Link](https://longbridge.com/en/news/276517570.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.