---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-007160"
form_type: "8-K"
ticker: "IGTA"
cik: "0001866838"
company_name: "Inception Growth Acquisition Ltd"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:07:35.198630+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Inception Growth Acquisition issues $420K promissory note to sponsor; due at deal or Feb 13 deadline

## Summary
- Issued $420,000 unsecured promissory note to sponsor Soul Venture Partners LLC on Jan 24, 2024.
- Note bears no interest and matures upon closing of a business combination.
- If no business combination by Feb 13, 2024 (as may be extended), note is terminated and no amounts due.
- Proceeds likely to fund working capital as SPAC nears its deadline.
- Sponsor waives any claim against the trust account per note terms.

## SEC filing metadata
- accession: 0001213900-24-007160
- form_type: 8-K
- ticker: IGTA
- cik: 0001866838
- company_name: Inception Growth Acquisition Ltd
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866838/000121390024007160/0001213900-24-007160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866838/000121390024007160/ea192104-8k_inception.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-007160
- JSON: https://secwatch.observer/filing/0001213900-24-007160.json
- Plain text: https://secwatch.observer/filing/0001213900-24-007160.txt

## Key facts
- Debt Financings
  Inception Growth Acquisition Ltd incurred loan of $420,000 with Soul Venture Partners LLC at does not bear interest maturing upon the closing of a business combination by the Company.
  - Instrument: loan
  - Principal: $420,000
  - Counterparty: Soul Venture Partners LLC
  - Rate: does not bear interest
  - Maturity: upon the closing of a business combination by the Company
  - Event: incurrence
  source text: On January 24, 2024, Inception Growth Acquisition Limited (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $420,000 (the “Note”) to Soul Venture Partners LLC, the Company’s initial public offering sponsor (“Sponsor”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866838/000121390024007160/0001213900-24-007160-index.htm

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