Inception Growth Acquisition Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Cheuk Hang Chow
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 875 Washington Street New York City NY United States of America 10014
- IPO Date
- Jan 21, 2022
- CIK
- 0001866838
- Website
- inceptiongrowth.com
- Similar Companies
- Business
- Inception Growth Acquisition Limited (NASDAQ:IGTA) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company conducts no significant operations and generates no revenue; it focuses on sourcing opportunities in the technology, media and telecom (TMT), sports and entertainment, and non-gambling game sectors, primarily in the United States and Asia. Inception Growth Acquisition Limited was incorporated in 2021 and maintains its headquarters at 875 Washington Street, New York, New York. The company pursues public stockholders and institutional investors as its primary customer base through its special purpose acquisition company (SPAC) structure, which facilitates accelerated access to public markets for target entities via de-SPAC transactions. Core activities encompass target identification, due diligence, negotiation of definitive agreements, stockholder approvals, and post-combination integration; it raised approximately $103.5 million in its December 2021 initial public offering, with proceeds held in trust pending a business combination. Inception Growth Acquisition Limited entered into a definitive business combination agreement in September 2023 with AgileAlgo Holdings Limited, a Singapore-based provider of enterprise-grade AI tools including natural language code generators for machine learning and data management platforms that enable business process optimization and self-improving systems. The transaction, initially targeting a first-quarter 2024 close at a $160 million pre-money equity value for AgileAlgo, remains pending as of late 2025 following multiple amendments, including extensions of the outside closing date to July 31, 2025, and beyond via stockholder-approved monthly trust contributions (e.g., $13,249.65 deposits in July, September, October, and November 2025 pushing deadlines through February 13, 2026); adjustments to earnout provisions starting April 1, 2026; Standby Equity Purchase Agreement waivers; sponsor loan conversions to equity; and deferred underwriting commissions via promissory notes. Special stockholder meetings have been repeatedly adjourned (e.g., to August 8, August 19, and later dates) to secure approvals, with the combined entity expected to trade as Prodigy (PRGY) on Nasdaq post-closing, subject to customary conditions.
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Extension of Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition (NASDAQ:IGTA) Shares Up 3.1% – Should You Buy?
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Extension of Business Combination Period
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Adjournment of the Special Meeting to August 19, 2025 and Extension of Redemption Deadline
Inception Growth Acquisition Limited Announces Adjournment of the Special Meeting to August 8, 2025 and Extension of Redemption Deadline
Inception Growth Acquisition Limited Announces Adjournment of the Special Meeting to August 8, 2025
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
Inception Growth Acquisition Limited Announces Postponement of the Special Meeting to July 25, 2025 and Extension of Redemption Request Deadline
Inception Growth Acquisition Limited Announces Postponement of the Special Meeting to July 14, 2025 and Extension of Redemption Request Deadline
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period