M&A
confidence high
sentiment neutral
materiality 0.45
IGTA extends business combination closing deadline to March 31, 2025; adds delisting termination right
Inception Growth Acquisition Ltd
- Amendment No. 2 to BCA extends Outside Closing Date from Nov 30, 2024 to March 31, 2025.
- Company may terminate agreement if IGTA common stock is delisted from Nasdaq and not relisted on Nasdaq or NYSE by March 31, 2025.
- Condition added: Purchaser Ordinary Shares must be approved for listing on Nasdaq Capital Market, subject only to official notice.
- No other material changes to the existing Business Combination Agreement.