Inception Growth Acquisition Clarifies Unit Components

TL;DR

**Inception Growth Acquisition just clarified its unit structure, detailing common stock, warrants, and rights.**

AI Summary

Inception Growth Acquisition Limited filed an 8-K on January 4, 2024, to clarify the components of its publicly traded units. Each unit consists of one share of common stock (par value $0.0001), one-half of one redeemable warrant (exercisable at $11.50), and one right entitling the holder to receive one-tenth of a share of common stock. This filing is important for investors as it precisely defines the assets they own when purchasing a unit, which directly impacts valuation and potential future returns.

Why It Matters

This filing provides clarity on the exact composition of Inception Growth Acquisition's units, which is crucial for investors to understand what they own and how it might be valued.

Risk Assessment

Risk Level: low — This filing is a clarification of existing unit components, not a new event, and therefore presents low risk.

Analyst Insight

An investor should review their holdings of Inception Growth Acquisition Limited units to ensure they understand the exact components and their potential value, especially regarding the fractional warrants and rights.

Key Numbers

• $0.0001 — Common Stock Par Value (The nominal value of each share of common stock included in a unit.)
• $11.50 — Warrant Exercise Price (The price at which each redeemable warrant can be exercised for one share of common stock.)
• 1/2 — Redeemable Warrants per Unit (The fraction of a redeemable warrant included in each unit.)
• 1/10 — Rights per Unit (The fraction of a common stock share a holder is entitled to receive from each right included in a unit.)

Key Players & Entities

• Inception Growth Acquisition Limited (company) — the registrant filing the 8-K
• $0.0001 (dollar_amount) — par value of common stock
• $11.50 (dollar_amount) — exercise price of redeemable warrants
• January 4, 2024 (date) — date of earliest event reported

FAQ

Key Financial Figures

• $0.0001 — onsisting of one share of common stock, $0.0001 par value , one-half (1/2) of one redee
• $11.50 — of common stock at an exercise price of $11.50 IGTAW The Nasdaq Stock Market LLC
• $100,000 — ion Limited (the " Company ") deposited $100,000 into the Trust Account in order to exte

Filing Documents

• ea191223-8k_inception.htm (8-K) — 36KB
• ea191223ex99-1_inception.htm (EX-99.1) — 4KB
• 0001213900-24-002034.txt ( ) — 270KB
• igta-20240104.xsd (EX-101.SCH) — 4KB
• igta-20240104_def.xml (EX-101.DEF) — 27KB
• igta-20240104_lab.xml (EX-101.LAB) — 38KB
• igta-20240104_pre.xml (EX-101.PRE) — 26KB
• ea191223-8k_inception_htm.xml (XML) — 8KB

01

Item 8.01. Other Events. On January 4, 2024, Inception Growth Acquisition Limited (the " Company ") deposited $100,000 into the Trust Account in order to extend the amount of time it has available to complete a business combination from January 13, 2024 to February 13, 2024. The Company issued the press release filed herewith on January 9, 2024. The materials attached as Exhibit 99.1 are incorporated by reference herein.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated January 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

SIGNATURES

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: January 9, 2024 2

View Full Filing

View this 8-K filing on SEC EDGAR