Inception Growth Acquisition Ltd. 8-K Filing
Ticker: IGTAW · Form: 8-K · Filed: Sep 10, 2024 · CIK: 1866838
| Field | Detail |
|---|---|
| Company | Inception Growth Acquisition Ltd (IGTAW) |
| Form Type | 8-K |
| Filed Date | Sep 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $50,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, securities-structure, warrants
Related Tickers: IGTA
TL;DR
IGTA filed an 8-K detailing unit structure, warrant terms ($11.50 exercise price), and rights.
AI Summary
Inception Growth Acquisition Ltd. filed an 8-K on September 10, 2024, reporting events as of September 5, 2024. The filing details the company's structure, including units consisting of common stock, redeemable warrants, and rights, and specifies the par value of its common stock. It also outlines the exercise price for its redeemable warrants at $11.50.
Why It Matters
This filing provides crucial details about the structure and terms of Inception Growth Acquisition Ltd.'s securities, which are important for investors to understand their rights and potential future transactions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate structure and security terms, not indicating any immediate financial distress or significant operational changes.
Key Numbers
- $11.50 — Warrant Exercise Price (The price at which redeemable warrants can be exercised for common stock.)
Key Players & Entities
- Inception Growth Acquisition Ltd. (company) — Registrant
- September 5, 2024 (date) — Earliest event reported
- September 10, 2024 (date) — Date of report
- $11.50 (dollar_amount) — Redeemable warrant exercise price
FAQ
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 entitling the holder to receive one-tenth of a share of common stock.
What is the par value of Inception Growth Acquisition Ltd.'s common stock?
The par value of Inception Growth Acquisition Ltd.'s common stock is $0.0001 per share.
What is the exercise price for the redeemable warrants?
The redeemable warrants are exercisable for one share of common stock at an exercise price of $11.50.
What is the purpose of the rights issued by Inception Growth Acquisition Ltd.?
The rights entitle the holder to receive one-tenth of a share of common stock.
What is the filing date of this 8-K report?
The 8-K report was filed on September 10, 2024.
Filing Stats: 517 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-09-10 06:23:00
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
- $50,000 — ion Limited (the " Company ") deposited $50,000 into the Trust Account in order to exte
Filing Documents
- ea0214068-8k_inception.htm (8-K) — 35KB
- ea021406801ex99-1_inception.htm (EX-99.1) — 4KB
- 0001213900-24-077107.txt ( ) — 270KB
- igta-20240905.xsd (EX-101.SCH) — 4KB
- igta-20240905_def.xml (EX-101.DEF) — 27KB
- igta-20240905_lab.xml (EX-101.LAB) — 38KB
- igta-20240905_pre.xml (EX-101.PRE) — 26KB
- ea0214068-8k_inception_htm.xml (XML) — 9KB
01. Other Events
Item 8.01. Other Events. On September 5, 2024, Inception Growth Acquisition Limited (the " Company ") deposited $50,000 into the Trust Account in order to extend the amount of time it has available to complete a business combination from September 13, 2024 to October 13, 2024. The Company issued the press release filed herewith on September 10, 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 S eptember 10 , 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: September 10, 2024 2