Company: ONCHW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110042
Chunk: 30

Company: 1RT Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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, the Company seeks to maximize the use of
observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions
about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and
liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

    Level 1:
    Quoted prices
    in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions
    for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

    Level 2:
    Observable inputs other
    than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted
    prices for identical assets or liabilities in markets that are not active.

    Level 3:
    Unobservable inputs based
    on assessment of the assumptions that market participants would use in pricing the asset or liability.

The fair value of the Public Warrants issued
in the Initial Public Offering is $1,854,375, or $0.43 per Public Warrant. The Public Warrants issued in the Initial Public Offering
have been classified within shareholders’ deficit and will not require remeasurement after issuance. The following table presents
the quantitative information regarding market assumptions used in the valuation of the Public Warrants issued in the Initial Public Offering:

     July 3, 2025   Traded unit price  $10.34   Expected term to De-SPAC   2 years   Warrant term   7 years   Probability of De-SPAC and market adjustment   30.0%  Risk-free rate (continuous)   4.02% 

At September 30, 2025, assets held in the Trust
Account were comprised of $174,183,318 in money market funds which are invested primarily in U.S. Treasury Securities. 

The following table presents information about
the Company’s assets that are measured at fair value on a recurring basis at September 30, 2025 and indicates the fair value hierarchy
of the valuation inputs the Company utilized to determine such fair value:

    Description
     
    Level
     
    September 30,
 2025

    Assets:

    Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund