Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition (NASDAQ: IGTA) deposited $13,242.15 into its trust account on December 9, 2025 to extend its SPAC business combination period by one month.
Rhea-AI Summary
Inception Growth Acquisition (NASDAQ: IGTA) deposited $13,242.15 into its trust account on December 9, 2025 to extend its SPAC business combination period by one month. The extension moves the deadline from December 13, 2025 to January 13, 2026. The company said the additional funds are intended to provide more time to complete a business combination.
Positive
- Deadline extended to January 13, 2026
- Trust account topped up by $13,242.15 on December 9, 2025
Negative
- Extension is short-term: only one month added
Key Figures
- Trust deposit
- $13,242.15
- Contribution on Dec 9, 2025 to extend combination period
- Extension length
- 1 month
- Business combination deadline extended to Jan 13, 2026
- New deadline
- Jan 13, 2026
- Extended from Dec 13, 2025 for business combination
- Trust balance
- $2,201,073.74
- Funds remaining in trust after Oct 2025 redemption
- Extension rate
- $0.075 per share
- Per-share deposit for each one‑month extension per trust agreement
- Shares redeemed
- 100 shares
- Redemptions reported in Oct 2025 8‑K
- Share price
- $8.25
- Pre-news price from market context
- 52-week high
- $14.00
- Compared with pre-news price of $8.25
Historical Context
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Deposit to extend business combination deadline by one month.
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Special meeting on AgileAlgo deal adjourned; redemption deadline extended.
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Special meeting postponed; shareholders’ redemption deadline pushed later.
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Trust contribution extended business combination deadline by one month.
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Special meeting postponed; redemption request deadline extended for holders.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
special purpose acquisition company financial
trust account financial
business combination financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that on December 9, 2025, the Company deposited
About Inception Growth Acquisition Limited
Inception Growth Acquisition Limited is a blank check company incorporated under the laws of Delaware whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities.
Forward Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Contact
Inception Growth Acquisition Limited
Investor Relationship Department
(315) 636-6638
FAQ
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