Company: ONCHW
Filing Date: 2025-04-08
Form Type: DRS/A
Source: 0001213900-25-029786
Chunk: 239

Company: 1RT Acquisition Corp.
Filing Date: 2025-04-08
Form: DRS/A
Chunk 239
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 have not consummated an initial business combination within the completion window; or (v) with respect to any other material provisions relating to shareholders’ rights or pre -initialbusiness combination activity, (A) waive their rights to liquidating distributions from the trust account with respect to their founder shares if we fail to complete our initial business combination within the completion window, although they will be entitled to liquidating distributions from the trust account with respect to any public shares they hold if we fail to complete our initial business combination within such time period and to liquidating distributions from assets outside the trust account and (B) vote any founder shares held by them and any public shares purchased during or after this offering (including in open market and privately negotiated transactions, aside from shares they may purchase in compliance with the requirements of Rule 14e -5under the Exchange Act, which would not be voted in favor of approving the business combination transaction) in favor of our initial business combination, (iv) the founder shares are automatically convertible into Class A ordinary shares at any time and from time to time at the option of the holders thereof or in connection with the consummation of our initial business combination, on a one -for -onebasis, subject to adjustment as described herein and in our amended and restated memorandum and articles of association, and (v) prior to the closing of our initial business combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Our sponsor, officers and directors did not receive any consideration for such waivers. The founder shares will automatically convert into Class A ordinary shares at any time and from time to time at the option of the holders thereof or in connection with the consummation of our initial business combination, on a one -for -onebasis, subject to adjustment for share sub -divisions, share capitalizations, reorganizations, recapitalizations and the like, and subject to further adjustment as provided herein. In the case that additional Class A ordinary shares, or any other equity -linkedsecurities, are issued or deemed issued in excess of the amounts sold in this offering and 157 related to or in connection with the closing of the initial business combination, the ratio at which Class B ordinary shares convert into Class A