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 that on January 12, 2026 it deposited $13,242.15 into its trust account to extend the deadline to complete a business combination by one month, moving the cut-off from January 13, 2026 to February 13, 2026. The company said the additional funds are intended solely to provide more time to complete a business combination.

New York, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that on January 12, 2026, 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 January 13, 2026 to February 13, 2026. 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

Why did IGTA deposit $13,242.15 into its trust account on January 12, 2026?

To extend the SPAC's business combination deadline by one month, from January 13, 2026 to February 13, 2026.

How long is the IGTA business combination period extended to after the January 12, 2026 deposit?

The extension adds one month, moving the deadline to February 13, 2026.

Will IGTA shareholder approvals be required for the one-month extension to February 13, 2026?

The announcement notes the deposit was made to extend the period; it does not state any shareholder approval requirement.

How much did IGTA add to its trust account to extend the merger deadline?

$13,242.15 was deposited into the trust account on January 12, 2026.

What does the IGTA trust account deposit mean for shareholders' redemption rights?

The notice indicates the deposit is to extend the business combination period; it does not change stated redemption mechanics or cash-in-trust terms.