Soul Venture Partners LLC - 13 Dec 2021 Form 4 Insider Report for Inception Growth Acquisition Ltd (IGTA)

Role
10%+ Owner
Signature
By: /s/ Jason Wong
Issuer symbol
IGTA
Transactions as of
13 Dec 2021
Net transactions value
$0
Form type
4
Filing time
20 Dec 2021, 09:28:06 UTC
Previous filing
08 Dec 2021
Next filing
30 Mar 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IGTA Warrants to purchase Common Stock Purchase +4,721,250 4,721,250 13 Dec 2021 Common Stock 4,721,250 $11.50 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants become exercisable during the period commencing on the later of (a) the date of the consummation by the Issuer of a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities and (b) December 12, 2022.
F2 The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.
F3 The purchase price of each warrant is $1.