Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period

Rhea-AI Summary

Inception Growth Acquisition Limited (NASDAQ: IGTA) announced a $13,242.15 deposit to its trust account on October 9, 2025 to extend the SPAC business combination deadline by one month from October 13, 2025 to November 13, 2025.

The deposit is intended solely to provide additional time to complete a business combination; no other financial results, targets, or transaction details were disclosed.

Positive

• Trust deposit of $13,242.15 on Oct 9, 2025
• Business combination deadline extended to Nov 13, 2025

Negative

• Extension limited to one month
• Deposit amount is $13,242.15 (small absolute amount)

New York, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that on October 9, 2025, the Company deposited $13,242.15 into the Company’s trust account (the “Trust Account”)  in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from October 13, 2025 to November 13, 2025. The purpose of the extension is to provide additional time for the Company to complete a business combination.

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

What did IGTA announce on October 14, 2025 regarding its trust account?

IGTA announced a $13,242.15 deposit to the trust account on Oct 9, 2025 to extend its business combination period.

How long was IGTA's business combination period extended and to what date?

The period was extended by one month, from Oct 13, 2025 to Nov 13, 2025.

Why did IGTA deposit funds into the trust account on October 9, 2025?

The company said the deposit was made to provide additional time to complete a business combination.

Will the October 9, 2025 trust deposit change IGTA shareholder entitlements?

The announcement only reports the deposit and extension; it does not disclose any change to shareholder entitlements.

Does the IGTA announcement on Oct 14, 2025 include details of a target business combination?

No; the announcement only states the trust deposit and the one-month extension to complete a business combination.