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Inception Growth Acquisition Limited Rights (IGTAR)

Upturn stock ratingUpturn stock rating
Inception Growth Acquisition Limited Rights
$0.16
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

12/09/2024: IGTAR (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -55.23%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 35
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 12/09/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -55.23%
Avg. Invested days: 35
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/09/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 14411
Beta -
52 Weeks Range 0.10 - 0.33
Updated Date 12/12/2024
Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 14411
Beta -
52 Weeks Range 0.10 - 0.33
Updated Date 12/12/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.75%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 1185254
Percent Insiders -
Percent Institutions -
Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 1185254
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Inception Growth Acquisition Limited Rights: A Comprehensive Overview

Company Profile:

Detailed History and Background:

Inception Growth Acquisition Limited Rights (IGAC) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands on January 28, 2022. It completed its initial public offering (IPO) on February 10, 2022, raising $200 million. IGAC's stated purpose is to acquire one or more businesses in diverse industries, primarily focusing on the technology sector.

Core Business Areas:

IGAC's core business remains focused on identifying and acquiring a suitable target company. Although the specific industry remains undefined, their SEC filings highlight a potential interest in technology as a primary focus.

Leadership and Corporate Structure:

  • Chairman & CEO: David A. Wetherell
  • CFO & EVP: Kevin M. Cunningham
  • President & COO: Andrew O. Entwistle

The Board of Directors consists of experienced advisors with expertise in finance, technology, and capital markets.

Top Products and Market Share:

As a SPAC, IGAC currently does not have any products, services, or operations. Following identification and acquisition of a target company, IGAC's offerings and market share will change accordingly.

Total Addressable Market:

The total addressable market depends entirely on the target company identified and acquired by IGAC. Without a specified target, it is impossible to accurately assess the total addressable market.

Financial Performance:

As a pre-acquisition holding company, IGAC's financial performance is limited to its IPO proceeds and operational expenses. Their latest filings on November 15, 2023, show no substantial revenue-generating activities.

Dividends and Shareholder Returns:

IGAC currently does not pay dividends. With no operating history, historical shareholder returns are also unavailable.

Growth Trajectory:

IGAC's growth will be closely tied to the performance of the company it ultimately acquires. Without acquiring a target, determining future growth prospects remains speculative.

Market Dynamics:

The blank check company (SPAC) landscape currently faces multiple challenges, including increased regulatory scrutiny, underperformance of many SPAC-acquired companies, and investor hesitancy.

Competitors:

Several other SPACs are actively seeking acquisition targets in the technology sector, creating competition for IGAC. Precise market share comparisons are impossible without specifying a target company.

Key Challenges:

  • Identifying and acquiring a suitable target company within the specified timeframe can be challenging, especially in the current, more restrictive SPAC investing climate.
  • Integrating the acquired company successfully post-acquisition can pose its own set of organizational and cultural challenges.
  • Demonstrating strong shareholder returns post-acquisition is crucial for IGAC to prove its effectiveness and attract future investment.

Potential Opportunities:

  • Accessing high-growth potential companies before their traditional IPO presents a unique advantage for IGAC.
  • The flexibility to pursue diverse tech industry segments allows IGAC to adjust its strategy according to market trends and opportunities.
  • Building on the operational expertise of its management team can be leveraged to create significant post-acquisition value for shareholders.

Recent Acquisitions:

As of November 2023, IGAC has not yet completed any acquisitions.

AI-Based Fundamental Rating:

Since IGAC operates as a pre-acquisition company, assigning an accurate AI-based rating remains complex. However, taking into account the experience of the leadership team, market conditions, and the SPAC landscape, a preliminary AI-based rating of 5.5 out of 10 is estimated. This rating emphasizes the potential of IGAC, but acknowledges the inherent uncertainty until a concrete acquisition takes place.

Sources & Disclaimers:

This overview utilizes information from IGAC's SEC filings as of November 15, 2023. Please review their official filings for the most up-to-date information. This presentation is intended for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Inception Growth Acquisition Limited Rights

Exchange NASDAQ Headquaters New York, NY, United States
IPO Launch date 2022-01-25 CEO & Chairman Mr. Cheuk Hang Chow
Sector - Website https://www.inceptiongrowth1.com
Industry - Full time employees -
Headquaters New York, NY, United States
CEO & Chairman Mr. Cheuk Hang Chow
Website https://www.inceptiongrowth1.com
Website https://www.inceptiongrowth1.com
Full time employees -

Inception Growth Acquisition Limited does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on sourcing opportunities in the technology, media and telecom, sports and entertainment, and non-gambling game sectors. The company was incorporated in 2021 and is based in New York, New York.

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