{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-017437","form_type":"8-K","ticker":"IGTA","cik":"0001866838","company_name":"Inception Growth Acquisition Ltd","filed_at":"2023-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.264535+00:00","generated_at":"2026-06-18T12:16:23.223223+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Inception Growth Acquisition enters non-redemption agreements to retain $400K shares in trust for extension vote","bullets":["Sponsor will transfer up to 120,000 founder shares to third parties who agree not to redeem 400,000 public shares at March 13 meeting.","Meeting seeks approval to extend business combination deadline by six months to Sept 13, 2023 without trust payment.","Non-redemption agreements expected to increase funds remaining in trust after meeting, not necessarily increase approval likelihood.","Company waives transfer restrictions on founder shares for these transfers; underwriter EF Hutton consents."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-017437","json":"https://secwatch.observer/filing/0001213900-23-017437.json","markdown":"https://secwatch.observer/filing/0001213900-23-017437.md","text":"https://secwatch.observer/filing/0001213900-23-017437.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866838/000121390023017437/0001213900-23-017437-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866838/000121390023017437/ea174682-8k_inception.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T12:16:23.223223+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"270c94d1dd8754484c35040a186fe058615dfc73","claim":"Inception Growth Acquisition Ltd entered into Non-Redemption Agreement with unaffiliated third party valued at Third party agreed not to redeem 400,000 shares of common stock in exchange for up to 120,000 shares (effective 2023-03-03).","evidence_excerpt":"On March 3, 2023, Inception Growth Acquisition Limited (the “ Company ”) and Soul Venture Partners LLC (the “ Sponsor ”) entered into non-redemption agreements (“ Non-Redemption Agreement ”) with an unaffiliated third parties in exchange for such third party agreeing not to redeem an aggregate of 400,000 shares of the Company’s common stock (the “ Common Stock ”) sold in its initial public offering (“ Non-Redeemed Shares ”) in connection with the annual meeting of the stockholders called by the Company to be held on March 13, 2023 (the “ Meeting ”) to consider and approve, among other things, an amendment to the Company’s investment management trust agreement dated December 8, 2021, (the “ Trust Amendment Proposal ”) to extend the time for the Company to complete its initial business combination for a period of six months without having to make any payment to the trust account established in connection with the Company’s initial public offering.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866838/000121390023017437/0001213900-23-017437-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"unaffiliated third party"},{"label":"Value","value":"Third party agreed not to redeem 400,000 shares of common stock in exchange for up to 120,000 shares"},{"label":"Effective","value":"2023-03-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}