NEW YORK, Dec. 8, 2021 /PRNewswire/ -- Inception Growth Acquisition Limited (the "Company") announced today that it priced its initial public offering of 9,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market ("Nasdaq") and are expected to begin trading tomorrow, Thursday, December 9, 2021, under the ticker symbol "IGTAU". Each unit consists of one share of common stock, one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share, and one right to receive one-tenth of a share of common stock upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the shares of common stock, warrants, and rights are expected to be listed on Nasdaq under the symbols "IGTA", "IGTAW", and "IGTAR" respectively.
The Company is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company has not selected a business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. The Company intends to focus its search for a target business based in the United States and/or Asia (excluding China) with a focus in the technology, media and telecom (TMT), sports and entertainment, and/or non-gambling gaming sectors. The Company is led by its Chief Executive Officer, Paige E. Craig.
EF Hutton, division of Benchmark Investments, LLC and Brookline Capital Markets, a division of Arcadia Securities, LLC are acting as joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,350,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on December 13, 2021, subject to customary closing conditions.
The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from EF Hutton, division of Benchmark Investments, LLC, Attn: Syndicate Department, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 404-7002, by fax at (646) 861-4697, or by email at [email protected].
A registration statement on Form S-1 (File No. 333-257426) relating to these securities has been filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective by the SEC on December 8, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute "forward-looking statements", including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Inception Growth Acquisition Limited
875 Washington Street
New York, NY 10014
Paige E. Craig
Chief Executive Officer
[email protected]
(315) 636-6638
SOURCE Inception Growth Acquisition Limited
纽约2021年12月8日/美通社/--Inception Growth Acquisition Limited(以下简称“本公司”)今天宣布,该公司首次公开发行900万股股票的定价为每股10.00美元。这些部门将在纳斯达克全球市场(“纳斯达克”)上市,预计将于明天开始交易。2021年12月9日(星期四),股票代码为“IGTAU”。每个单位包括一股普通股,一个可赎回认股权证的一半,每个完整的认股权证持有人有权以每股11.50美元的价格购买一股普通股,以及在初始业务合并完成后获得十分之一股普通股的一项权利。一旦组成这两个单位的证券开始单独交易,普通股、权证和权利的股票预计将在纳斯达克上市,代码分别为“IGTA”、“IGTAW”和“IGTAR”。
本公司是一家空白支票公司,其业务目的是与一个或多个企业或实体进行合并、股本交换、资产收购、股票购买、重组或类似的业务合并。本公司并无选定业务合并目标,亦无任何人代表本公司直接或间接与任何业务合并目标进行任何实质性磋商。该公司打算重点寻找总部设在美国和/或亚洲(不包括中国),专注于科技、媒体和电信(TMT)、体育和娱乐,和/或非博彩博彩行业。该公司由其首席执行官领导,佩吉·E·克雷格.
基准投资公司(Benchmark Investments,LLC)的部门EF Hutton和阿卡迪亚证券公司(Arcadia Securities,LLC)的部门Brookline Capital Markets将担任此次发行的联合簿记管理人。该公司已授予承销商45天的选择权,可按首次公开募股(IPO)价格额外购买至多1,350,000个单位,以弥补超额配售(如果有的话)。根据惯例的成交条件,此次发行预计将于2021年12月13日完成。
此次发行仅通过招股说明书进行。招股说明书的副本可以从EF Hutton,of Benchmark Investments,LLC,Attn:Syndicate Department,590Madison Ave.,New York 10022,电话:(212)404-7002,传真:(646)861-4697,或通过电子邮件向EF Hutton,of Benchmark Investments,LLC,Attn:Syndicate Department,590Madison Ave.,New York 10022索取。[受电子邮件保护].
与这些证券相关的S-1表格注册声明(文件编号333-257426)已提交给美国证券交易委员会(以下简称“美国证券交易委员会”),并由美国证券交易委员会宣布于2021年12月8日生效。本新闻稿不应构成出售或征求购买本文所述任何证券的要约,也不应在任何州或司法管辖区出售这些证券,在这些州或司法管辖区,根据任何州或司法管辖区的证券法,此类要约、招揽或销售在注册或获得资格之前是非法的。
前瞻性陈述
本新闻稿包含构成“前瞻性陈述”的陈述,包括与首次公开募股和净收益的预期使用有关的陈述。不能保证上述讨论的发售将按描述的条款完成,或者根本不能保证发售的净收益将按规定使用。前瞻性陈述受许多条件的制约,其中许多条件不是本公司所能控制的,包括本公司向美国证券交易委员会提交的注册说明书和初步招股说明书中风险因素部分阐述的那些条件。可以在美国证券交易委员会的网站www.sec.gov上找到副本。除非法律另有要求,否则本公司不承担在本新闻稿发布之日后更新这些声明以进行修订或更改的义务。
联系人
启明成长收购有限公司
华盛顿大街875号
纽约州纽约市,邮编:10014
佩吉·E·克雷格
首席执行官
[受电子邮件保护]
(315) 636-6638
源先创成长收购有限公司