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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), a special purpose acquisition company, has announced a significant development in its business strategy. On October 2, 2024, the company deposited $50,000 into its Trust Account, extending its deadline to complete a business combination by one month.

This extension moves the completion date from October 13, 2024 to November 13, 2024. The primary purpose of this action is to provide the company with additional time to finalize a business combination. This move demonstrates IGTA's commitment to finding the right opportunity and maximizing value for its shareholders.

Inception Growth Acquisition (NASDAQ: IGTA), una società di acquisizione per scopi speciali, ha annunciato un importante sviluppo nella sua strategia aziendale. Il 2 ottobre 2024, l'azienda ha depositato $50.000 nel suo Trust Account, estendendo la scadenza per completare una combinazione aziendale di un mese.

Questa estensione sposta la data di completamento dal 13 ottobre 2024 al 13 novembre 2024. Lo scopo principale di questa azione è fornire all'azienda ulteriore tempo per finalizzare una combinazione aziendale. Questa mossa dimostra l'impegno di IGTA nella ricerca della giusta opportunità e nell'ottimizzazione del valore per i suoi azionisti.

Inception Growth Acquisition (NASDAQ: IGTA), una empresa de adquisición de propósito especial, ha anunciado un desarrollo significativo en su estrategia empresarial. El 2 de octubre de 2024, la compañía depositó $50,000 en su Cuenta de Fideicomiso, extendiendo su plazo para completar una combinación empresarial por un mes.

Esta extensión mueve la fecha de finalización del 13 de octubre de 2024 al 13 de noviembre de 2024. El propósito principal de esta acción es proporcionar a la empresa tiempo adicional para finalizar una combinación empresarial. Esta movida demuestra el compromiso de IGTA con la búsqueda de la oportunidad adecuada y la maximización del valor para sus accionistas.

인셉션 그로스 인수(NASDAQ: IGTA)는 특별목적 인수회사로서 비즈니스 전략에서 중요한 개발을 발표했습니다. 2024년 10월 2일, 회사는 신탁 계좌에 $50,000를 예치하여 사업 결합을 완료할 기한을 한 달 연장했습니다.

이 연장은 완료 날짜를 2024년 10월 13일에서 2024년 11월 13일로 연기합니다. 이 조치의 주요 목적은 회사가 사업 결합을 마무리할 추가 시간을 제공하는 것입니다. 이 움직임은 IGTA가 적절한 기회를 찾고 주주를 위한 가치를 극대화하기 위해 노력하고 있음을 보여줍니다.

Inception Growth Acquisition (NASDAQ: IGTA), une société d'acquisition à vocation spéciale, a annoncé un développement significatif dans sa stratégie commerciale. Le 2 octobre 2024, la société a déposé 50 000 $ sur son compte fiduciaire, prolongeant ainsi son délai pour compléter une combinaison d'affaires d'un mois.

Cette extension déplace la date de finalisation du 13 octobre 2024 au 13 novembre 2024. L'objectif principal de cette action est de donner à l'entreprise plus de temps pour finaliser une combinaison d'affaires. Ce mouvement démontre l'engagement d'IGTA à trouver la bonne opportunité et à maximiser la valeur pour ses actionnaires.

Inception Growth Acquisition (NASDAQ: IGTA), ein Unternehmen für spezielle Zweckakquisitionen, hat eine bedeutende Entwicklung in seiner Geschäftsstrategie angekündigt. Am 2. Oktober 2024 hat das Unternehmen $50.000 auf sein Treuhandkonto eingezahlt, wodurch die Frist zur Vollziehung einer Unternehmenszusammenschluss um einen Monat verlängert wird.

Diese Verlängerung verschiebt das Abschlussdatum vom 13. Oktober 2024 auf den 13. November 2024. Der Hauptzweck dieser Maßnahme besteht darin, dem Unternehmen zusätzliche Zeit zu geben, um einen Unternehmenszusammenschluss abzuschließen. Dieser Schritt zeigt das Engagement von IGTA, die richtige Gelegenheit zu finden und den Wert für die Aktionäre zu maximieren.

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New York, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that on October 2, 2024, the Company deposited $50,000 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 October 13, 2024 to November 13, 2024. 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

What did Inception Growth Acquisition (IGTA) announce on October 4, 2024?

Inception Growth Acquisition (IGTA) announced that it deposited $50,000 into its Trust Account to extend the period for completing a business combination by one month, from October 13, 2024 to November 13, 2024.

How much did IGTA deposit into its Trust Account on October 2, 2024?

IGTA deposited $50,000 into its Trust Account on October 2, 2024.

What is the new deadline for IGTA to complete a business combination?

The new deadline for IGTA to complete a business combination is November 13, 2024.

Why did IGTA extend its business combination period?

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

What is Inception Growth Acquisition 's stock symbol?

Inception Growth Acquisition 's stock symbol is IGTA, and it is traded on NASDAQ.

Inception Growth Acquisition Limited

NASDAQ:IGTA

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