Inception Growth Acquisition Ltd. Files 8-K
Ticker: IGTAW · Form: 8-K · Filed: Jan 10, 2025 · CIK: 1866838
| Field | Detail |
|---|---|
| Company | Inception Growth Acquisition Ltd (IGTAW) |
| Form Type | 8-K |
| Filed Date | Jan 10, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $11,199.60 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, securities-structure, filing-update
Related Tickers: IGTA
TL;DR
IGTA filed an 8-K detailing its stock, warrants, and rights structure.
AI Summary
Inception Growth Acquisition Ltd. filed an 8-K on January 10, 2025, reporting on events from January 9, 2025. The filing details the company's structure, including units consisting of common stock, redeemable warrants, and rights. It also specifies the par value of its common stock and the exercise price for its redeemable warrants.
Why It Matters
This filing provides crucial details about the structure and components of Inception Growth Acquisition Ltd.'s securities, which is important for investors to understand their rights and potential value.
Risk Assessment
Risk Level: low — The filing is a standard corporate disclosure and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 0.0001 — Par Value of Common Stock (Specifies the nominal value per share of common stock.)
- 11.50 — Warrant Exercise Price (Indicates the price at which redeemable warrants can be exercised.)
Key Players & Entities
- Inception Growth Acquisition Ltd (company) — Registrant
- January 9, 2025 (date) — Earliest event reported
- January 10, 2025 (date) — Date of report
- 0.0001 (dollar_amount) — Par value of common stock
- 11.50 (dollar_amount) — Exercise price of redeemable warrants
FAQ
What is the primary purpose of this 8-K filing for Inception Growth Acquisition Ltd?
The primary purpose is to report on events that occurred on January 9, 2025, and to provide details about the company's securities structure, including units, common stock, warrants, and rights.
What are the components of a unit offered by Inception Growth Acquisition Ltd?
A unit consists 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 issued by Inception Growth Acquisition Ltd?
The redeemable warrants are exercisable for one share of common stock at an exercise price of $11.50.
What is the significance of the 'Rights' component in the company's units?
Each right entitles the holder to receive one-tenth of a share of common stock, indicating a potential future issuance of additional shares based on the rights held.
Filing Stats: 515 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2025-01-10 16:15:09
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
- $11,199.60 — ion Limited (the " Company ") deposited $11,199.60 into the Trust Account in order to exte
Filing Documents
- ea0227354-8k_inception.htm (8-K) — 37KB
- ea022735401ex99-1_inception.htm (EX-99.1) — 4KB
- 0001213900-25-002655.txt ( ) — 273KB
- igta-20250109.xsd (EX-101.SCH) — 4KB
- igta-20250109_def.xml (EX-101.DEF) — 27KB
- igta-20250109_lab.xml (EX-101.LAB) — 38KB
- igta-20250109_pre.xml (EX-101.PRE) — 26KB
- ea0227354-8k_inception_htm.xml (XML) — 9KB
01. Other Events
Item 8.01. Other Events. On January 9, 2025, Inception Growth Acquisition Limited (the " Company ") deposited $11,199.60 into the Trust Account in order to extend the amount of time it has available to complete a business combination from January 13, 2025 to February 13, 2025. The Company issued the press release filed herewith on January 10, 2025. 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 10, 2025 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 10, 2025 2