Inception Growth (IGTAW) extends business combination deadline to Oct 13
Rhea-AI Filing Summary
Inception Growth Acquisition Limited reported that on September 10, 2025 it deposited $13,249.65 into its Trust Account. This payment extends the time the company has to complete a business combination from September 13, 2025 to October 13, 2025, giving it an additional month to seek and close a suitable transaction.
The company’s securities trade on OTC Markets under the symbols IGTAU for units, IGTA for common stock, IGTAW for redeemable warrants exercisable at $11.50 per share, and IGTAR for rights to receive one-tenth of a share of common stock. A press release dated September 12, 2025, was provided as an exhibit describing this extension.
Positive
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FAQ
What event did Inception Growth Acquisition Limited (IGTAW) report on September 10, 2025?
Inception Growth Acquisition Limited reported that on September 10, 2025 it deposited $13,249.65 into its Trust Account to extend the time available to complete a business combination.
How long did IGTAW extend its business combination deadline?
The company extended its business combination deadline by one month, moving it from September 13, 2025 to October 13, 2025.
How much money did Inception Growth Acquisition deposit into its Trust Account?
The company deposited $13,249.65 into its Trust Account in connection with the deadline extension.
Where are Inception Growth Acquisition Limited’s securities traded and under what symbols?
The securities trade on OTC Markets Group, Inc under the symbols IGTAU for units, IGTA for common stock, IGTAW for redeemable warrants, and IGTAR for rights.
What do the IGTAW warrants and IGTAR rights represent?
The IGTAW redeemable warrants are each exercisable for one share of common stock at an exercise price of $11.50. The IGTAR rights each entitle the holder to receive one-tenth of one share of common stock.
Did Inception Growth Acquisition provide any additional communication about the extension?
Yes. The company issued a press release dated September 12, 2025, which was included as Exhibit 99.1 describing the extension.