Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors. Inception Growth Acquisition Limited was incorporated in 2021 and is based in New York, New York.
Company profile
Ticker
IGTA, IGTAW, IGTAU, IGTAR
Exchange
CEO
Mr. Cheuk Hang Chow
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Baidu • Rackspace Technology • IHS Markit • Match • IAC • Bumble • Twitter • Cyxtera • Chindata • Payoneer Global ...
SEC CIK
Corporate docs
IRS number
862648456
IGTA stock data
Latest filings (excl ownership)
8-K
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
10 Sep 24
10-Q
2024 Q2
Quarterly report
13 Aug 24
8-K
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
7 Aug 24
8-K
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
11 Jul 24
Latest ownership filings
SC 13G/A
WOLVERINE ASSET MANAGEMENT LLC
11 Apr 24
SC 13G
AQR CAPITAL MANAGEMENT LLC
14 Feb 24
SC 13G
WOLVERINE ASSET MANAGEMENT LLC
8 Feb 24
SC 13G
Hudson Bay Capital Management LP
5 Feb 24
SC 13G
Harraden Circle Investments, LLC
31 Jan 24
SC 13G/A
Weiss Asset Management LP
26 Jan 24
SC 13G/A
Yakira Capital Management, Inc.
26 Jan 24
4
Change in insider ownership
24 Aug 23
SC 13G/A
Lighthouse Investment Partners, LLC
5 May 23
4/A
Change in insider ownership (amended)
30 Mar 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 83.66 k | 83.66 k | 83.66 k | 83.66 k | 83.66 k | 83.66 k |
Cash burn (monthly) | (no burn) | 38.26 k | (no burn) | 85.21 k | 105.02 k | 90.70 k |
Cash used (since last report) | n/a | 111.20 k | n/a | 247.65 k | 305.21 k | 263.60 k |
Cash remaining | n/a | -27.54 k | n/a | -163.98 k | -221.55 k | -179.93 k |
Runway (months of cash) | n/a | -0.7 | n/a | -1.9 | -2.1 | -2.0 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 29 |
Closed positions | 1 |
Increased positions | 2 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 1.13 bn |
Total shares | 10.83 mm |
Total puts | 0.00 |
Total calls | 25.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Soul Venture Partners | 2.37 mm | $0.00 |
Yakira Capital Management | 989.63 k | $117.99 mm |
Polar Asset Management Partners | 834.90 k | $116.75 mm |
Space Summit Capital | 600.00 k | $6.02 mm |
CNH Partners | 433.15 k | $66.08 mm |
Shaolin Capital Management | 425.00 k | $46.77 mm |
Harraden Circle Investments | 400.00 k | $4.12 mm |
MMCAP International Inc. SPC | 375.00 k | $45.64 mm |
D. E. Shaw & Co. | 375.00 k | $57.21 mm |
Feis Lawrence Michael | 371.32 k | $3.65 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Jun 23 | Soul Venture Partners | Common stock, par value $0.0001 per share | Sell | Dispose S | No | No | 0 | 1,271,510 | 0.00 | 1,195,990 |
Press releases
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
10 Sep 24
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
7 Aug 24
Inception Growth Acquisition Limited Announces Additional Contribution to Trust Account to Extend Business Combination Period
11 Jul 24