Company: ONCHW
Filing Date: 2025-02-11
Form Type: DRS
Source: 0001213900-25-012094
Chunk: 214

Company: 1RT Acquisition Corp.
Filing Date: 2025-02-11
Form: DRS
Chunk 214
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 filed subsequent to our completion of our initial business combination. Notwithstanding anything to the contrary, Cantor Fitzgerald & Co. may only make a demand on one occasion and only during the five -yearperiod beginning on the effective date of the registration statement of which this prospectus forms a part. In addition, Cantor Fitzgerald & Co. may participate in a “piggy -back” registration only during the seven -yearperiod beginning on the effective date of the registration statement of which this prospectus forms a part. We will bear the expenses incurred in connection with the filing of any such registration statements. 148 Certain relationships and related party transactions On December 31, 2024, our sponsor paid $25,000, or approximately $0.006 per share, to cover certain of our offering costs in exchange for 4,312,500 founder shares. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 17,250,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 20% of the outstanding shares after this offering. Up to 562,500 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. If we increase or decrease the size of the offering, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares at 20% of our issued and outstanding ordinary shares upon the consummation of this offering. Our sponsor and Cantor Fitzgerald & Co., the representative of the underwriters of this offering, have committed to purchase an aggregate of 4,500,000 warrants, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per warrant, or $4,500,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. Of those 4,500,000 warrants, our sponsor has agreed to purchase 3,000,000 warrants and Cantor Fitzgerald & Co. has agreed to purchase 1,500,000 warrants. The private placement warrants will be identical to the warrants sold in this offering except that, so long as they are held by our