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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 January 9, 2025, effectively extending the period to complete a business combination by one month, from January 13, 2025 to February 13, 2025.

This extension provides the SPAC with additional time to finalize a business combination, demonstrating the company's commitment to completing a successful merger within the new timeframe.

Inception Growth Acquisition (NASDAQ: IGTA) ha annunciato una mossa strategica per estendere il termine della sua combinazione aziendale. L'azienda ha depositato $11,199.60 nel suo Conto di Fiducia il 9 gennaio 2025, estendendo effettivamente il periodo per completare una combinazione aziendale di un mese, dal 13 gennaio 2025 al 13 febbraio 2025.

Questa estensione offre alla SPAC ulteriore tempo per finalizzare una combinazione aziendale, dimostrando l'impegno dell'azienda a completare una fusione di successo entro il nuovo termine.

Inception Growth Acquisition (NASDAQ: IGTA) ha anunciado un movimiento estratégico para extender su plazo de combinación empresarial. La compañía depositó $11,199.60 en su Cuenta de Fideicomiso el 9 de enero de 2025, extendiendo efectivamente el período para completar una combinación empresarial en un mes, desde el 13 de enero de 2025 hasta el 13 de febrero de 2025.

Esta extensión proporciona a la SPAC tiempo adicional para finalizar una combinación empresarial, demostrando el compromiso de la empresa de completar una fusión exitosa dentro del nuevo plazo.

Inception Growth Acquisition (NASDAQ: IGTA)는 사업 결합 기한을 연장하기 위한 전략적 조치를 발표했습니다. 회사는 2025년 1월 9일에 $11,199.60를 신탁 계좌에 예치했으며, 이는 사업 결합을 완료할 기간을 2025년 1월 13일에서 2025년 2월 13일로 한 달 연장하는 것입니다.

이 연장은 SPAC이 사업 결합을 최종 확정할 추가 시간을 제공하며, 회사가 새로운 기한 내에 성공적인 인수합병을 완료하기 위해 헌신하고 있음을 보여줍니다.

Inception Growth Acquisition (NASDAQ: IGTA) a annoncé un mouvement stratégique pour prolonger son calendrier de combinaison d'affaires. L'entreprise a déposé $11,199.60 dans son Compte Fiduciaire le 9 janvier 2025, prolongeant ainsi la période pour finaliser une combinaison d'affaires d'un mois, du 13 janvier 2025 au 13 février 2025.

Cette extension offre à la SPAC un temps supplémentaire pour finaliser une combinaison d'affaires, démontrant l'engagement de l'entreprise à réussir une fusion dans le nouveau délai.

Inception Growth Acquisition (NASDAQ: IGTA) hat einen strategischen Schritt angekündigt, um den Zeitrahmen für die Unternehmenszusammenschluss zu verlängern. Das Unternehmen hat am 9. Januar 2025 $11,199.60 auf sein Treuhandkonto eingezahlt, wodurch sich der Zeitraum zur Fertigstellung eines Unternehmenszusammenschlusses um einen Monat verlängert, von 13. Januar 2025 auf 13. Februar 2025.

Diese Verlängerung bietet der SPAC zusätzliche Zeit, um einen Unternehmenszusammenschluss abzuschließen, und zeigt das Engagement des Unternehmens, innerhalb des neuen Zeitrahmens eine erfolgreiche Fusion zu vollziehen.

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New York, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Inception Growth Acquisition Limited (NASDAQ: IGTA, the “Company”), a publicly traded special purpose acquisition company, announced today that on January 9, 2025, 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 January 13, 2025 to February 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?

IGTA deposited $11,199.60 into its Trust Account on January 9, 2025.

What is the new business combination deadline for IGTA after the January 2025 extension?

The new deadline for IGTA to complete a business combination is February 13, 2025.

How long is the extension period granted to IGTA in January 2025?

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

Why did IGTA extend its business combination period in January 2025?

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

When did IGTA make the trust account deposit for the deadline extension?

IGTA made the trust account deposit on January 9, 2025.

Inception Growth Acquisition Limited

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