Company: ONCHW
Filing Date: 2025-07-03
Form Type: 8-K
Source: 0001213900-25-061572
Chunk: 2

Company: 1RT Acquisition Corp.
Filing Date: 2025-07-03
Form: 8-K
Item: Item 8.01
Chunk 2
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Item 8.01. Other Events.

A total of $172,500,000 of
the proceeds from the IPO and the sale of the Private Placement Warrants (which amount includes $8,212,500 of the underwriter’s
deferred discount), was placed in a U. S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee.
Except with respect to interest earned on the funds in the trust account that may be released to the Company to pay its taxes and for
winding up and dissolution expenses, the funds held in the trust account will not be released from the trust account until the earliest
of (i) the completion of the Company’s initial business combination, (ii) the redemption of the Company’s public shares if
it is unable to complete its initial business combination within 24 months from the closing of the IPO (or by such earlier liquidation
date as the Board may approve), subject to applicable law, and (iii) the redemption of the Company’s public shares properly submitted
in connection with a shareholder vote to amend the Company’s Amended and Restated Memorandum and Articles of Association to modify
the substance or timing of its obligation to redeem 100% of the Company’s public shares if it has not consummated an initial business
combination within 24 months from the closing of the IPO or with respect to any other material provisions relating to shareholders’
rights or pre-initial business combination activity.

On July 1, 2025, the Company
issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

On July 3, 2025, the Company
issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.