Thayer Ventures Acquisition Corp. ("Thayer Ventures") (NASDAQ:TVAC) today announced that its registration statement on Form S-4 (the "Registration Statement"), relating to the previously announced proposed business combination (the "Business Combination") of Thayer Ventures with Inspirato LLC ("Inspirato"), the innovative luxury travel subscription brand, has been declared effective by the U.S. Securities and Exchange Commission ("SEC"). The Registration Statement provides important information about Thayer Ventures, Inspirato, and the Business Combination.

Thayer Ventures also announced a record date of December 21, 2021 (the "Record Date") and a meeting date of February 8, 2022 for the special meeting of its stockholders (the "Special Meeting") to approve the Business Combination. If the proposals at the Special Meeting are approved, the parties anticipate that the Business Combination will close shortly thereafter, subject to the satisfaction of all other closing conditions.

Upon closing, the combined company is expected to be listed on Nasdaq with its Class A common stock and warrants trading under the new ticker symbols "ISPO" and "ISPOW," respectively.

The Special Meeting will be held at 10:00 a.m. Eastern Time, on February 8, 2022 via live webcast at https://www.cstproxy.com/tvac/2022. Additionally, participants have the option to listen only to the Special Meeting by dialing 1-800-450-7155 (toll-free within the U.S. and Canada) or 1-857-999-9155 (outside of the U.S. and Canada, standard rates apply). The passcode for telephone access is 1862580#. Please note that you cannot vote or ask questions if you choose to participate telephonically. Please note that you will only be able to access the Special Meeting by means of remote communication.

Given the ongoing health concerns relating to the COVID-19 pandemic and to best protect the health and welfare of Thayer's stockholders and personnel, the special meeting will be held virtually. Stockholders are nevertheless urged to vote their proxies by completing, signing, dating and returning their proxy cards in the accompanying pre-addressed postage paid envelope, or to direct their brokers or other agents on how to vote the share in their accounts, as applicable.

Your vote FOR ALL proposals is important, no matter how many or how few shares you own. If you have any questions or need assistance voting, please contact Morrow Sodali LLC, Thayer Ventures' proxy solicitor, by calling (800) 662-5200 or banks and brokers can call (203) 658-9400, or by emailing TVAC.info@investor.morrowsodali.com.

Thayer Ventures, Inspirato Announce Effectiveness Of Registration Statement, Special Meeting To Approve Business Combination