Inception Growth Acquisition Limited Announces Extension of Business Combination Period

Rhea-AI Summary

Inception Growth Acquisition Limited (NASDAQ: IGTA) announced that its stockholders approved amendments at a special meeting on February 9, 2026 to permit up to six one‑month extensions of its business combination period, moving the trust deadline from February 13, 2026 to August 13, 2026.

The Company may extend each month by depositing into the Trust Account $0.075 per issued, non‑redeemed share for each one‑month extension. The extensions are intended to provide additional time to complete a business combination.

Positive

• Stockholders approved amendments allowing up to six one‑month extensions to August 13, 2026
• Extension provides additional time to complete a business combination

Negative

• Each one‑month extension requires a deposit of $0.075 per issued, non‑redeemed share
• Extensions dilute trust account economics and may reduce pro rata cash per public share

Key Figures

Price change 24h: 21.43% Current price: $12.75 Today’s volume: 3,793 shares +5 more

8 metrics

Price change 24h 21.43% Move on latest business combination period extension news

Current price $12.75 Pre-news trading level on latest extension announcement day

Today’s volume 3,793 shares Compared with 20-day average volume of 1,125 shares

Extension window Feb 13, 2026 to Aug 13, 2026 Up to six one-month extensions to complete a business combination

Monthly extension deposit $0.075 per share Per unredeemed IPO share for each one‑month extension in new plan

Prior planned deposit $0.05 per share Per unredeemed Public Share for each monthly extension in PRE 14A

Trust account balance $2,201,073.74 Funds remaining after 100-share redemption in October 2025 8‑K

Avg move, acquisition news 4.25% Average 24h move over 5 acquisition-tag events

Market Reality Check

Price: $12.75 Vol: Volume 3,793 is 3.37x the...

high vol

$12.75 Last Close

Volume Volume 3,793 is 3.37x the 20-day average of 1,125, signaling elevated trading interest. high

Technical Price $12.75 is trading above the 200-day MA at $11.27 and within 8.93% of the 52-week high.

Peers on Argus

IGTA gained 21.43% while key SPAC peers were mixed: WTMA fell 37.5% and NBST ros...

IGTA gained 21.43% while key SPAC peers were mixed: WTMA fell 37.5% and NBST rose 15.4%, with others flat, indicating a stock-specific reaction.

Previous Acquisition Reports

5 past events · Latest: Nov 13 (Neutral)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 13	Trust extension deposit	Neutral	+0.0%	Deposit of <b>$13,242.15</b> to extend business combination deadline by one month.
Aug 08	Meeting adjournment	Neutral	+65.7%	Adjournment of special meeting and extension of redemption deadline tied to AgileAlgo deal.
Jul 28	Meeting adjournment	Neutral	-42.3%	Special meeting postponed and redemption deadline extended ahead of combination proposals.
Jul 11	Trust extension deposit	Neutral	-1.1%	Deposit of <b>$13,249.65</b> to extend business combination deadline by one month.
Jul 10	Meeting postponement	Neutral	-1.1%	Postponement of special meeting and extension of deadline for stockholder redemption requests.

Pattern Detected

Acquisition- and combination-related updates have produced mixed reactions, from flat moves around trust extensions to sharp swings around meeting adjournments and redemption deadlines.

Recent Company History

Over the past year, IGTA has repeatedly updated investors on its business combination process. Prior releases highlighted adjournments of special meetings tied to the proposed AgileAlgo transaction, extensions of redemption deadlines, and several one‑month extensions funded by deposits such as $13,249.65 and $13,242.15 into the Trust Account. Price reactions ranged from flat to swings above +65% and below -40%. Today’s extension of the combination period continues this pattern of using short extensions and shareholder votes to preserve time to complete a deal.

Historical Comparison

acquisition

+4.3 %

Average Historical Move

Historical Analysis

In the past, IGTA’s acquisition-related updates moved the stock by an average of 4.25%. Today’s 21.43% move on an extension stands out as a much larger reaction.

Typical Pattern

The company has followed a consistent path of short-term deadline extensions, meeting adjournments, and trust contributions to keep optionality open for completing a business combination.

Market Pulse Summary

This announcement extends IGTA’s deadline to complete a business combination from February 13, 2026 ...

Analysis

This announcement extends IGTA’s deadline to complete a business combination from February 13, 2026 to as late as August 13, 2026 via up to six one‑month extensions funded at $0.075 per unredeemed share. It continues a pattern of short extensions and meeting adjustments used over the past year. Investors may focus on how these added months, higher per-share deposits, and past trust balances influence the likelihood and terms of any eventual transaction.

Key Terms

special purpose acquisition company, certificate of incorporation, investment management trust agreement, trust account, +1 more

5 terms

special purpose acquisition company financial

"Inception Growth Acquisition Limited ..., a publicly traded special purpose acquisition company, announced today"

A special purpose acquisition company (SPAC) is a company formed with the sole purpose of raising money through a public offering to buy or merge with an existing private business. It acts like a vehicle that allows private companies to go public more quickly and with less complexity. For investors, it offers an opportunity to invest early in a potential acquisition, though it also carries risks if the intended deal doesn’t materialize.

certificate of incorporation regulatory

"voted in favor of ... the proposals to amend (i) its amended and restated certificate of incorporation"

A certificate of incorporation is an official government document that creates a corporation and records key facts such as its legal name, basic governance structure, and stock authorization—think of it as a company's birth certificate plus its basic rulebook. Investors care because it establishes the company’s legal existence, limits owners’ personal liability, and sets the framework for issuing shares and enforcing shareholder rights, which affects ownership, control and the company’s ability to raise capital.

investment management trust agreement financial

"and (ii) the investment management trust agreement with Continental Stock Transfer"

A written contract that names who will run and make investment decisions for a trust’s assets, spells out their authority, duties, fees and how performance and risks will be handled. It matters to investors because it defines who is responsible for growing and protecting the money—like hiring a caretaker with a clear job description—and sets the rules and safeguards that affect returns, costs and how disputes or withdrawals are resolved.

trust account financial

"extend the date on which to commence liquidating the trust account established in connection"

A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.

business combination financial

"The purpose of the extension is to provide additional time for the Company to complete a business combination."

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

AI-generated analysis. Not financial advice.

New York, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that at its special meeting of stockholders held on February 9, 2026 (the “Meeting”), the Company’s stockholders voted in favor of, among others, the proposals to amend (i) its amended and restated certificate of incorporation; and (ii) the investment management trust agreement with Continental Stock Transfer & Trust Company, giving the Company the right to extend the date on which to commence liquidating the trust account established in connection with the Company’s initial public offering (the “Trust Account”)  by six (6) times for an additional one (1) month each time from February 13, 2026 to August 13, 2026 by depositing into the trust account an aggregate amount equal to $0.075 multiplied by the number of common stock issued in the Company’s initial public offering that has not been redeemed for each one-month extension. The purpose of the extension is to provide additional time for the Company to complete a business combination.

Contact

Inception Growth Acquisition Limited
Investor Relationship Department
(315) 636-6638

FAQ

What extension did Inception Growth Acquisition Limited (NASDAQ: IGTA) approve on February 9, 2026?

They approved up to six additional one‑month extensions, moving the trust deadline to August 13, 2026. According to the company, each extension requires a deposit of $0.075 per issued, non‑redeemed share into the Trust Account.

How much must IGTA deposit per share for each one‑month extension to the trust account?

IGTA must deposit $0.075 per issued, non‑redeemed share for each one‑month extension. According to the company, that amount is multiplied by the number of such shares and added to the Trust Account monthly.

How will the IGTA extension to August 13, 2026 affect shareholders?

The extension gives shareholders more time for a potential business combination while affecting Trust Account economics. According to the company, monthly deposits of $0.075 per non‑redeemed share are required for each extension.

Does the IGTA extension automatically dilute public shareholders' redemption value?

Monthly extension deposits reduce cash available per public share in the Trust Account and can lower redemption value. According to the company, each one‑month extension requires a $0.075 per non‑redeemed share deposit.

What is the new deadline for IGTA to complete a business combination after the approved extensions?

The new deadline can be extended to August 13, 2026 if all six one‑month extensions are used. According to the company, stockholders authorized extending the Trust Account deadline from February 13, 2026 to August 13, 2026.