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Inception Growth (IGTA) uses $5.3K trust interest to pay taxes, keeps $2.13M

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Inception Growth Acquisition Limited reported a small administrative cash movement related to its trust account. On March 16, 2026, the company withdrew $5,269.61 of interest earned on funds held in its trust account to pay taxes. After this tax payment, approximately $2,129,824.68 remained in the trust account, which continues to hold the bulk of the funds.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 16, 2026

 

INCEPTION GROWTH ACQUISITION LIMITED

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-41134   86-2648456
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

875 Washington Street

New York, NY

  10014
(Address of Principal Executive Offices)    (Zip Code)

 

Registrant’s telephone number, including area code: (315636-6638

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Units, each consisting of one share of common stock, $0.0001 par value, one-half (1/2) of one redeemable warrant and one right entitling the holder to receive one-tenth of a share of common stock   IGTAU   OTC Markets Group, Inc
Common Stock, par value $0.0001 per share   IGTA   OTC Markets Group, Inc
Redeemable warrants, each exercisable for one share of common stock at an exercise price of $11.50   IGTAW   OTC Markets Group, Inc
Rights, each to receive one-tenth of one share of common stock   IGTAR   OTC Markets Group, Inc

 

 

 

 

 

 

Item 8.01. Other Events.

 

On March 16, 2026, the Company withdrew interest earned on the funds held in its trust account in the amount of $5,269.61 to pay its taxes. Following such withdrawal, the amount of funds remaining in the trust account is approximately $ 2,129,824.68.

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INCEPTION GROWTH ACQUISITION LIMITED
   
  By: /s/ Cheuk Hang Chow
  Name:  Cheuk Hang Chow
  Title: Chief Executive Officer

 

Date: March 19, 2026

 

 

2

 

 

FAQ

What tax-related action did Inception Growth Acquisition Limited (IGTA) report?

Inception Growth Acquisition Limited withdrew interest from its trust account to pay taxes. On March 16, 2026, it used $5,269.61 of interest earned on trust funds to satisfy tax obligations, a routine administrative use of interest income.

How much money remains in IGTA’s trust account after the March 16, 2026 withdrawal?

Approximately $2,129,824.68 remains in IGTA’s trust account. After withdrawing $5,269.61 of interest to pay taxes, the company reported that the trust account continued to hold about $2.13 million in funds.

Did Inception Growth Acquisition Limited use its trust principal or only interest to pay taxes?

IGTA used only interest earned on the trust account to pay taxes. The company specified that the $5,269.61 withdrawn on March 16, 2026 represented interest earned on trust funds, preserving the remaining trust balance of about $2,129,824.68.

Why is the IGTA trust account balance important for investors?

The trust account balance represents funds held for the company’s business combination process. IGTA reported about $2,129,824.68 remaining after a small tax-related interest withdrawal, indicating most of the capital set aside in trust is still intact.

What securities of Inception Growth Acquisition Limited are listed and where do they trade?

IGTA lists units, common stock, warrants, and rights on OTC Markets Group. The trading symbols are IGTAU for units, IGTA for common stock, IGTAW for redeemable warrants with an $11.50 exercise price, and IGTAR for rights to one-tenth of a share.

Filing Exhibits & Attachments

4 documents
INCEPTION GROWTH ACQUSTN LTD

OTC:IGTA

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