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Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period

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Inception Growth Acquisition (NASDAQ: IGTA) has announced a strategic move to extend its business combination timeline. The company deposited $11,199.60 into its Trust Account on December 12, 2024, securing a one-month extension from December 13, 2024, to January 13, 2025. This extension aims to provide the SPAC with additional time to complete its planned business combination.

Inception Growth Acquisition (NASDAQ: IGTA) ha annunciato una mossa strategica per estendere il proprio termine di fusione aziendale. L'azienda ha depositato $11.199,60 nel suo Trust Account il 12 dicembre 2024, assicurandosi un'estensione di un mese dal 13 dicembre 2024 al 13 gennaio 2025. Questa estensione ha lo scopo di fornire al SPAC ulteriore tempo per completare la sua fusione aziendale pianificata.

Inception Growth Acquisition (NASDAQ: IGTA) ha anunciado un movimiento estratégico para extender su cronología de combinación de negocios. La compañía depositó $11,199.60 en su Cuenta de Fideicomiso el 12 de diciembre de 2024, asegurando una extensión de un mes desde 13 de diciembre de 2024 hasta 13 de enero de 2025. Esta extensión tiene como objetivo proporcionar al SPAC tiempo adicional para completar su combinación empresarial planificada.

Inception Growth Acquisition (NASDAQ: IGTA)는 비즈니스 조합 기한 연장을 위한 전략적 조치를 발표했습니다. 회사는 2024년 12월 12일에 신탁 계좌에 $11,199.60를 입금하여 2024년 12월 13일부터 2025년 1월 13일까지 한 달 연장을 확보했습니다. 이번 연장은 SPAC이 계획한 비즈니스 조합을 완료할 수 있는 추가 시간을 제공하기 위한 것입니다.

Inception Growth Acquisition (NASDAQ: IGTA) a annoncé une mesure stratégique pour prolonger son calendrier de combinaison commerciale. La société a déposé $11,199.60 sur son compte fiduciaire le 12 décembre 2024, sécurisant ainsi une prolongation d'un mois du 13 décembre 2024 au 13 janvier 2025. Cette prolongation vise à fournir au SPAC du temps supplémentaire pour finaliser sa combinaison commerciale prévue.

Inception Growth Acquisition (NASDAQ: IGTA) hat einen strategischen Schritt angekündigt, um den Zeitrahmen für die Geschäftskombination zu verlängern. Das Unternehmen hat am 12. Dezember 2024 $11.199,60 auf sein Treuhandkonto eingezahlt und sich so eine einmonatige Verlängerung vom 13. Dezember 2024 bis zum 13. Januar 2025 gesichert. Diese Verlängerung soll dem SPAC zusätzliche Zeit zur Verfügung stellen, um die geplante Geschäftskombination abzuschließen.

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New York, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that on December 12, 2024, the Company deposited $11,199.60 into the Company’s trust account (the “Trust Account”)  in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from December 13, 2024 to January 13, 2025. The purpose of the extension is to provide additional time for the Company to complete a business combination.

About Inception Growth Acquisition Limited

Inception Growth Acquisition Limited is a blank check company incorporated under the laws of Delaware whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. 

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact

Inception Growth Acquisition Limited
Investor Relationship Department
(315) 636-6638


FAQ

How much did IGTA deposit to extend its business combination deadline?

Inception Growth Acquisition (IGTA) deposited $11,199.60 into its Trust Account on December 12, 2024.

What is the new business combination deadline for IGTA after the December 2024 extension?

Following the extension, IGTA's new business combination deadline is January 13, 2025.

How long is the extension period granted to IGTA in December 2024?

IGTA received a one-month extension period, moving the deadline from December 13, 2024, to January 13, 2025.

Why did IGTA extend its business combination period in December 2024?

IGTA extended the period to provide additional time for the company to complete a business combination.

When did IGTA make the trust account deposit for the December 2024 extension?

IGTA made the trust account deposit on December 12, 2024.

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