1rt Acquisition Corp.(NASDAQ) ONCH

1RT Acquisition Corp. helps private companies join the stock market through a merger. It acts as a pool of money waiting for the right business deal. This process gives companies a faster way to become publicly traded.

A Mission to Merge

• Business Combination Search: Finding a target company to acquire or merge with to create a new public entity.
• Capital Management: Holding funds from the initial public offering in a trust account until a deal is finalized.
• Administrative Operations: Managing the legal and financial tasks required to maintain a public shell company.

Path to a Partnership

• Consummated its initial public offering on July 3, 2025, raising $172.5 million to fund a future business combination.
• Sold 2.25 million private placement warrants to 1RT Acquisition Sponsor LLC and Cantor Fitzgerald & Co. to provide working capital.
• Granted membership interests to company directors on July 1, 2025, for their services through the completion of a deal.

The Blank Check Advantage

The company operates as a shell entity with no current business operations or revenue. It uses interest earned on its trust account to fund the search for a merger partner.

The Money in the Bank

• Net income reached $1.4 million in Q1 2026, up from a loss of $31,000 in Q1 2025.
• Operating income was negative $172,510 in Q1 2026, which worsened by 456.5% from the previous year.
• Marketable securities held in the trust account totaled $177.4 million as of March 31, 2026.
• Cash held outside the trust account for finding a target business was $191,060 on March 31, 2026.

Wait and See

1RT Acquisition Corp. remains in its development stage as it evaluates potential targets for a business combination. Its focus is on preserving capital while identifying a company that meets its merger criteria.