nSpire agrees to repay creditor in bankruptcy case

LONGMONT — nSpire Health Inc., a developer of respiratory medical devices and software for respiratory information systems that filed for Chapter 11 bankruptcy protection in April, has agreed to repay a portion of the money owed to its largest creditor.

nSpire, which was formed in late 2006 in Louisville and moved to Longmont in 2007, entered into a loan and security agreement with Denver-based Montage Capital LP in June 2018, under which nSpire received an initial advance of $1.65 million, according to court documents filed by nSpire’s attorneys.

In the months that followed, nSpire failed to…