Inception Growth Acquisition Limited (NASDAQ:IGTA – Get Free Report)’s share price shot up 90,809.1% during trading on Thursday . The company traded as high as $1.00 and last traded at $1.00. Approximately 100 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 1,065 shares. The stock had previously closed at $0.0011.
Inception Growth Acquisition Trading Up 90,809.1%
The stock has a 50 day moving average price of $4.90 and a two-hundred day moving average price of $7.94.
About Inception Growth Acquisition
Inception Growth Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) sponsored by Inception Capital, a private investment firm based in New York. The company was formed in 2020 with the sole purpose of effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses, and it maintains its capital in a trust account until such a transaction is completed.
Inception Growth Acquisition completed its initial public offering in June 2020, raising approximately $150 million in gross proceeds.
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