IG ACQUISITION CORP. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On September 29, 2022, IG Acquisition Corp., a Delaware corporation (the "Company"), issued a promissory note (the "Note") in the aggregate principal amount of up to $608,601.12 to IG Sponsor, LLC, a Delaware limited liability company (the "Sponsor"), pursuant to which the Sponsor agreed to loan to the Company up to $608,601.12 in connection with the extension of the Company's termination date from October 5, 2022 to April 5, 2023 (or such earlier date as determined by the board of directors of the Company (the "Board").

The Company will deposit $101,433.52 into the Trust Account in connection with the first drawdown under the Note as well as $101,433.52 into the Trust Account for each calendar month (commencing on November 6, 2022 and ending on the 5th day of each subsequent month), or portion thereof, that is needed by the Company to complete an initial business combination (the "Initial Business Combination"), and such amounts will be distributed either to: (i) all of the holders of shares of Class A common stock (the "Public Shares") upon the Company's liquidation or (ii) holders of Public Shares who elect to have their shares redeemed in connection with the consummation of the Initial Business Combination.

The Note bears no interest and is repayable in full upon the date of the consummation of the Initial Business Combination.

The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

The foregoing description is qualified in its entirety by reference to the Note, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-balance Sheet Arrangement of a Registrant.

The disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On September 29, 2022, the Company held a special meeting in lieu of the 2022 annual meeting of stockholders (the "Meeting"). At the Meeting, the Company's stockholders approved an amendment to the Company's Amended and Restated Certificate of Incorporation (the "Charter Amendment") to extend the date by which the Company must consummate its Initial Business Combination from October 5, 2022 to April 5, 2023 (or such earlier date as determined by the Board). The Company filed the Charter Amendment with the Secretary of State of the State of Delaware on September 29, 2022.

The foregoing description is qualified in its entirety by reference to the Charter Amendment, a copy of which is attached as Exhibit 3.1 hereto and is incorporated by reference herein.

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the Meeting, an aggregate of 27,500,842 shares of the Company's common stock, which represents a quorum of the outstanding common stock entitled to vote as of the record date of August 25, 2022, were represented in person or by proxy at the Meeting.

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At the Meeting, the Company's stockholders voted on the following proposals, each of which was approved:

(1) The Extension Amendment Proposal - a proposal to amend the Company's amended and restated certificate of incorporation to extend the date by which the Company has to consummate a business combination from October 5, 2022 to April 5, 2023 (or such earlier date as determined by the Board). The following is a tabulation of the votes with respect to this proposal, which was approved by the Company's stockholders:

   For       Against   Abstain   Broker Non-Votes
26,894,364   488,552   117,926          0

(2) The Director Election Proposal - to elect two persons as Class I directors (to serve until 2025 or until a successor is elected and qualified or their earlier resignation or removal). The following is a tabulation of the votes with respect to the election of directors, each of whom was elected by the Company's stockholders:

      Name             For       Withhold    Broker Non-Votes

Catharine Dockery 24,687,276 2,813,566 0 Peter Ward 24,683,903 2,816,939 0

In connection with the Meeting, stockholders holding 27,464,162 Public Shares exercised their right to redeem their shares for a pro rata portion of the funds in the Trust Account. As a result, approximately $275.7 million (approximately $10.04 per Public Share) will be removed from the Trust Account to pay such holders and approximately $25.5 million will remain in the Trust Account. Following redemptions, the Company will have 2,535,838 Public Shares outstanding.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed with this Form 8-K:

Exhibit No.   Description of Exhibits
3.1             Amendment to Amended and Restated Certificate of Incorporation.
10.1            Promissory Note issued to IG Sponsor LLC, dated September 30, 2022.
104           Cover Page Interactive Data File (embedded within the Inline XBRL document).




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