---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-089675"
form_type: "8-K"
ticker: "IGTA"
cik: "0001866838"
company_name: "Inception Growth Acquisition Ltd"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:50:08.562806+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Inception Growth Acquisition converts sponsor loans & reduces EF Hutton cash payout ahead of AgileAlgo merger

## Summary
- Sponsor loans and monthly $10k admin fee convert into 240,000 PubCo ordinary shares upon closing.
- Deferred underwriting commission (up to $2.25M) replaced by 50,000 PubCo shares ($500k) and $500k promissory note.
- Both conversion and discharge agreements are contingent on closing of the business combination with AgileAlgo.
- EF Hutton note matures later of 13 months from issuance or 92 days after termination of SEPA convertible notes.

## SEC filing metadata
- accession: 0001213900-24-089675
- form_type: 8-K
- ticker: IGTA
- cik: 0001866838
- company_name: Inception Growth Acquisition Ltd
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- 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/1866838/000121390024089675/0001213900-24-089675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866838/000121390024089675/ea0217916-8k425_inception.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-089675
- JSON: https://secwatch.observer/filing/0001213900-24-089675.json
- Plain text: https://secwatch.observer/filing/0001213900-24-089675.txt

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