Inception Growth Acquisition Ltd
IGTAOTCFinancials · Blank Checks · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | −$1.1M | −$1.0M | −$2.0M | −$742,265 | — |
| Net income | −$1.0M | $130,063 | $640,087 | $475,491 | −$181,960 |
| Total assets | $2.3M | $3.6M | $32.1M | $106.9M | $106.3M |
| Total liabilities | $7.3M | $6.4M | $4.3M | $2.9M | $3.1M |
| Equity | −$7.3M | −$6.4M | −$4.2M | −$2.0M | −$965,907 |
| EPS (diluted) | — | — | $0.25 | $0.07 | $17.67 |
| Shares out. | 2.9M | 5.6M | 7.1M | 13.0M | 2.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- 13.8%
- Return on assets
- −43.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 318.4%
- Debt / equity
- —
- Book value / share
- $-2.49
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −874.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -28.93distress
- Accruals / assets
- 1.1%clean
- Piotroski F-Score
- 2/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 2 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 13, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Hudson Bay Capital Management LpPassive (13G)Feb 10, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Soul Venture Partners Llc10% owner | Jun 13, 2023 | Sell | 1.3M | — |
| Soul Venture Partners Llc10% owner | Mar 1, 2023 | Buy | 12,500 | $120.78 |
| Soul Venture Partners Llc10% owner | Feb 17, 2023 | Buy | 140,000 | $1352.66 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 368 | 1.0 | -3.7% |
| Apr 30, 2026 | 382 | 3.1 | +3.8% |
| Apr 15, 2026 | 368 | 6.7 | 0.0% |
| Mar 31, 2026 | 368 | 368.0 | -1.3% |
| Mar 13, 2026 | 373 | 1.5 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMay 12, 2026
- Other material eventApr 17, 2026
- Other material eventApr 13, 2026
- Other material eventMar 19, 2026
- Other material eventMar 13, 2026
- Other material eventFeb 13, 2026
- Entered a material agreement · Amended charter or bylaws · Shareholder vote · Other material eventFeb 11, 2026
- Other material eventJan 15, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- NT 10-QNOTIFICATION OF LATE FILINGMay 15, 2026
- 8-KCURRENT REPORTMay 12, 2026
- 425CURRENT REPORTApr 17, 2026
- 8-KCURRENT REPORTApr 17, 2026
- 10-KANNUAL REPORTApr 15, 2026
- 8-KCURRENT REPORTApr 13, 2026
- NT 10-KNOTIFICATION OF LATE FILINGMar 31, 2026
- 8-KCURRENT REPORTMar 19, 2026
- 8-KCURRENT REPORTMar 13, 2026
- 8-KCURRENT REPORTFeb 13, 2026
- 8-KCURRENT REPORTFeb 11, 2026
- DEF 14ADEFINITIVE PROXY STATEMENTJan 20, 2026
- 8-KCURRENT REPORTJan 15, 2026
- PRE 14APRELIMINARY PROXY STATEMENTJan 8, 2026
- 8-KCURRENT REPORTDec 10, 2025
Event-driven situations (3)
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