Inception Growth Acquisition Limited announced that the company deposited $100,000 into trust to extend the completion deadline from Oct. 13 to Nov. 13.
The SPAC last month announced a merger agreement with AgileAlgo Holdings at an equity value of $160 million.
The target is a British Virgin Islands company that, through its Singapore-based subsidiary, AgileAlgo Pte Ltd., is a maker of enterprise-grade natural language code generator for machine-learning and data management platforms. Read more.