{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-077307","form_type":"8-K","ticker":"IGTA","cik":"0001866838","company_name":"Inception Growth Acquisition Ltd","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.918048+00:00","generated_at":"2026-06-10T15:24:19.022611+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IGTA (SPAC) enters definitive merger with AgileAlgo at $160M pre-money; combined entity Prodigy, Inc.","bullets":["AgileAlgo valued at $160M pre-money (16M shares at $10/share); SPAC IGTA to merge via Redomestication and Share Exchange.","12.5% of shares (2M shares) held in escrow as earnout; full vesting requires $15M revenue in 3 quarters from Oct 2024, partial below $7.5M.","Combined company renamed Prodigy, Inc.; PubCo board to have 5 directors, majority independent, designated by AgileAlgo.","Closing conditions include at least $5M cash, Nasdaq listing of PubCo shares, SEC effectiveness of Form S-4; outside date June 13, 2024.","Sponsor Support Agreement and Company Shareholder Support Agreement executed with 88.3% of AgileAlgo shareholders supporting the deal."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-077307","json":"https://secwatch.observer/filing/0001213900-23-077307.json","markdown":"https://secwatch.observer/filing/0001213900-23-077307.md","text":"https://secwatch.observer/filing/0001213900-23-077307.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866838/000121390023077307/0001213900-23-077307-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866838/000121390023077307/ea185236-8k425_inception.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:24:19.022611+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":"a1e852e8edffd76f93dbfbf0fd703e700bacf87b","claim":"Inception Growth Acquisition Ltd entered into Business Combination Agreement with AgileAlgo Holdings Ltd. valued at $160,000,000 (effective 2023-09-12).","evidence_excerpt":"On September 12, 2023, IGTA entered into that certain Business Combination Agreement with IGTA Merger Sub Limited, a British Virgin Islands company and wholly owned subsidiary of IGTA (such company before the Redomestication Merger (as defined below) is sometimes referred to as the “ Purchaser ” and upon and following the Redomestication Merger is hereinafter sometimes referred to as “ PubCo ”), AgileAlgo Holdings Ltd., a British Virgin Islands company (“ AgileAlgo ” or the “ Company ”), and certain shareholders of AgileAlgo (the “ Signing Sellers ”, who together own approximately 88.3% of AgileAlgo’s issued and outstanding shares)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866838/000121390023077307/0001213900-23-077307-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"AgileAlgo Holdings Ltd."},{"label":"Value","value":"$160,000,000"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}