---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-016178"
form_type: "8-K"
ticker: "IGTA"
cik: "0001866838"
company_name: "Inception Growth Acquisition Ltd"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T19:03:06.184506+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Inception Growth Acquisition director Suen resigns; Yan Xu appointed as independent director and audit chair

## Summary
- Stephen Man Tak Suen resigned from board and all committees effective March 1, 2023 for personal reasons; no disagreement with company.
- Board appointed Yan Xu as independent director, replacing Suen on Compensation, Nominating, and as Audit Committee Chair.
- Yan Xu has over 9 years experience in Chinese gaming and Japanese markets; currently head of Japanese division at Whiz Partners Asia Ltd.
- Xu also serves as independent director for Ace Global Business Acquisition Limited since February 2021.
- No family relationships or reportable transactions between Xu and the company.

## SEC filing metadata
- accession: 0001213900-23-016178
- form_type: 8-K
- ticker: IGTA
- cik: 0001866838
- company_name: Inception Growth Acquisition Ltd
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866838/000121390023016178/0001213900-23-016178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866838/000121390023016178/ea174462-8k_inception.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-016178
- JSON: https://secwatch.observer/filing/0001213900-23-016178.json
- Plain text: https://secwatch.observer/filing/0001213900-23-016178.txt

## Key facts
- Executive change
  Stephen Man Tak Suen resigned as Director at Inception Growth Acquisition Ltd.
  - Action: resigned
  - Role: Director
  source text: On March 1, 2023, Mr. Stephen Man Tak Suen resigned from the board of directors (the “Board”), including from his committee positions on the Compensation Committee, the Nominating Committee, and as Chairperson of the Audit Committee for his personal reason, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866838/000121390023016178/0001213900-23-016178-index.htm
- Executive change
  Yan Xu was appointed as Independent Director at Inception Growth Acquisition Ltd.
  - Action: appointed
  - Role: Independent Director
  source text: On the same date, the Board appointed Ms. Yan Xu as the independent director of the Board effective immediately replacing Mr. Suen, including his positions on the Compensation Committee, the Nominating Committee, and as Chairperson of the Audit Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866838/000121390023016178/0001213900-23-016178-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.