Inception Growth Extends Special Meeting and Redemption Deadline
Inception Growth Acquisition Limited Postpones Special Meeting
New York, June 26, 2025 - Inception Growth Acquisition Limited (NASDAQ: IGTA), a company formed for investment purposes, has decided to postpone its special meeting of shareholders originally scheduled for July 1, 2025. The new date for this significant event is now set for July 14, 2025, at 10:00 a.m. Hong Kong Time. This adjustment allows stockholders extra time to review the newly issued supplement to the definitive proxy statement, which was filed with the Securities and Exchange Commission (SEC) on June 25, 2025.
Details on the Proxy Statement Supplement
The Supplement contains crucial updates, including a revised per share redemption price correction from $13.18 to $12.09. It also provides pertinent information regarding the Company’s annual meeting that occurred on June 5, 2025, and extends the deadline for stockholders to submit their redemption requests. Notably, there are no changes to the location, record date, or other proposals to be considered during the Special Meeting.
Location and Access for the Special Meeting
The Special Meeting will still be held at Loeb & Loeb LLP's offices. Stockholders will also have the option to participate virtually via teleconference. Here are the dial-in details:
US Toll Free: +1 866 213 0992
Hong Kong Toll: +852 2112 1888
Participant Passcode: 2910077#
This meeting is essential for stockholders to consider multiple proposals, including a critical business combination with AgileAlgo Holdings Ltd. Stockholders who had cast their votes previously do not need to take any further action, as their votes will remain valid for this new date unless they decide to change their preferences.
Redemption Request Deadline Extension
With this postponement, the deadline for stockholders wishing to request redemption in connection with the proposed business combination has been extended to July 10, 2025. This delay of redemption requests from the original deadline of June 27, 2025, provides stockholders with additional time to consider their options. Those who have already submitted requests have the right to revoke these prior to the new deadline.
Contact Information and Guidance
For any questions regarding the certification of stock position or share delivery, stockholders can reach out to Continental Stock Transfer & Trust Company, LLC, located at 1 State Street, 30th Floor, New York, NY 10004-1561. They can be contacted via email at spacredemptions@continentalstock.com.
Company Guidelines for Stockholders
It is advised that stockholders closely review the Supplement and the Original Proxy Statement as they work together to provide the full context regarding the changes made, including the redemption price and extension details. Both documents are accessible via the SEC’s EDGAR database for complete transparency regarding these updates.
Conclusion and Looking Forward
Inception Growth Acquisition Limited is diligently working to ensure that all stockholders are informed and can participate in this significant moment for the company, which is positioned to make moves with AgileAlgo Holdings Ltd. Stockholders are encouraged to reach out with any inquiries or requests for additional information.
Frequently Asked Questions
Why was the Special Meeting postponed?
The postponement was made to give shareholders more time to review important updates in the proxy statements.
What is the new date for the Special Meeting?
The Special Meeting has been rescheduled to July 14, 2025.
How can I participate in the Special Meeting?
Shareholders can attend in person or join via teleconference using the provided dial-in details.
When is the new deadline for redemption requests?
The deadline for redemption requests has been extended to July 10, 2025.
Where can I find more information about the proxy statements?
All relevant documents are available on the SEC’s EDGAR database or through contacting the proxy solicitor.
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