---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-085895"
form_type: "8-K"
ticker: "IGTA"
cik: "0001866838"
company_name: "Inception Growth Acquisition Ltd"
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:36:57.951845+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IGTA enters $30M standby equity facility with YA II PN; $3M pre-paid advances at 8% discount

## Summary
- Pre-paid advances total $3M: $2M at business combination close; $1M after registration effective and shareholder approval.
- SEPA allows IGTA to issue up to $30M in common stock to YA II PN on a discretionary basis, subject to conditions.
- Original issue discount of 8% on pre-paid advances; promissory notes are convertible into shares.
- Investor may also trigger advances while promissory note outstanding, using a conversion price.
- Concurrent Registration Rights Agreement and Global Guaranty Agreement entered into with YA II PN.

## SEC filing metadata
- accession: 0001213900-24-085895
- form_type: 8-K
- ticker: IGTA
- cik: 0001866838
- company_name: Inception Growth Acquisition Ltd
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866838/000121390024085895/0001213900-24-085895-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866838/000121390024085895/ea0216947-8k425_inception.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-085895
- JSON: https://secwatch.observer/filing/0001213900-24-085895.json
- Plain text: https://secwatch.observer/filing/0001213900-24-085895.txt

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