Inception Growth Acquisition Ltd (IGTA), a special purpose acquisition company, has extended its timeline multiple times to close its merger with AgileAlgo Holdings Ltd, now facing a May 13, 2026 deadline. The company's liquidity position has eroded significantly, showing a current ratio near zero and increasing operating losses from 2023 through 2025. Delisted from Nasdaq in December 2024, IGTA's shares now trade on the OTC Markets, adding regulatory and market risks. Its capital structure reflects limited cash reserves and declining equity amid ongoing operating cash flow deficits. The success of IGTA’s strategic focus on Technology, Media & Telecom, Sports & Entertainment, and Non-gambling games sectors hinges on completing this merger within the revised timeframe.