Inception Growth Acquisition Limited Announces Extension of Business Combination Period
15 Mars 2023 - 11:00AM
Inception Growth Acquisition Limited (NASDAQ: IGTA, the
“Company”), a special purpose acquisition company, announced
today that at its annual meeting of stockholders on March 13, 2023
(the “Meeting”), the Company’s stockholders voted in favor of the
proposal to amend the investment management trust agreement (the
“Trust Amendment”), dated as of December 8, 2021, between the
Company and Continental Stock Transfer & Trust Company.
Pursuant to the Trust Amendment, the Company has the right to
extend the time to complete a business combination for a period of
six months from March 13, 2023 to September 13, 2023 without having
to make any payment to the trust account established in connection
with the Company’s initial public offering. On the same day, the
Company extended the time to complete a business combination for a
period of six months from March 13, 2023 to September 13, 2023. The
purpose of the extension is to provide more time for the Company to
complete a business combination.
About Inception Growth Acquisition
Limited
Inception Growth Acquisition Limited 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.
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 LimitedInvestor Relationship
Department(315) 636-6638
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