Inception Growth Acquisition Ltd. Files 8-K
Ticker: IGTAW · Form: 8-K · Filed: Jun 21, 2024 · CIK: 1866838
| Field | Detail |
|---|---|
| Company | Inception Growth Acquisition Ltd (IGTAW) |
| Form Type | 8-K |
| Filed Date | Jun 21, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, definitive-agreement, capital-structure
Related Tickers: IGTA
TL;DR
IGTA filed an 8-K detailing its stock, warrants ($11.50 strike), and rights. Important for understanding their structure.
AI Summary
Inception Growth Acquisition Ltd. entered into a material definitive agreement on June 20, 2024. The filing details the company's structure, including common stock, redeemable warrants exercisable at $11.50, and rights to receive fractional shares of common stock. The company is registered in Delaware and its fiscal year ends on December 31.
Why It Matters
This 8-K filing provides crucial details about the capital structure of Inception Growth Acquisition Ltd., including its common stock, warrants, and rights, which are important for investors to understand.
Risk Assessment
Risk Level: low — This filing is a standard 8-K reporting a material definitive agreement and company structure details, not indicating immediate financial distress or significant operational changes.
Key Numbers
- 0.0001 — Par Value (Par value of common stock)
- 11.50 — Exercise Price (Exercise price for redeemable warrants)
Key Players & Entities
- Inception Growth Acquisition Ltd. (company) — Registrant
- June 20, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- $11.50 (dollar_amount) — Exercise price for redeemable warrants
FAQ
What is the specific material definitive agreement that Inception Growth Acquisition Ltd. entered into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on June 20, 2024.
What are the components of the units offered by Inception Growth Acquisition Ltd.?
The units consist of one share of common stock, one-half of one redeemable warrant, and one right to receive one-tenth of a share of common stock.
What is the exercise price of the redeemable warrants?
The redeemable warrants are exercisable for one share of common stock at an exercise price of $11.50.
What is the fiscal year end for Inception Growth Acquisition Ltd.?
The company's fiscal year ends on December 31.
What is the SIC code for Inception Growth Acquisition Ltd.?
The Standard Industrial Classification (SIC) code is 6770, which corresponds to 'BLANK CHECKS'.
Filing Stats: 1,756 words · 7 min read · ~6 pages · Grade level 19.3 · Accepted 2024-06-21 16:40:29
Key Financial Figures
- $0.0001 — onsisting of one share of common stock, $0.0001 par value, one-half (1/2) of one redeem
- $11.50 — of common stock at an exercise price of $11.50 IGTAW The Nasdaq Stock Market LLC
Filing Documents
- ea0208172-8k_inception.htm (8-K) — 60KB
- ea020817201ex10-1_incept.htm (EX-10.1) — 12KB
- 0001213900-24-054828.txt ( ) — 310KB
- igta-20240620.xsd (EX-101.SCH) — 4KB
- igta-20240620_def.xml (EX-101.DEF) — 27KB
- igta-20240620_lab.xml (EX-101.LAB) — 38KB
- igta-20240620_pre.xml (EX-101.PRE) — 26KB
- ea0208172-8k_inception_htm.xml (XML) — 9KB
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 Dated: June 21, 2024 /s/ Cheuk Hang Chow Cheuk Hang Chow Chief Executive Officer 3