Company: ONCHW
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075689
Chunk: 25

Company: 1RT Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 to do so, vote in person or, where proxies are allowed, by
proxy at a general meeting of the company is generally required to approve any matter voted on by the Company’s shareholders. Approval
of certain actions require a special resolution under Cayman Islands law, which (except as specified below) requires the affirmative
vote of at least two-thirds of the shareholders who, being entitled to do so, vote in person or, where proxies are allowed, by proxy
at a general meeting, and pursuant to the Company’s amended and restated memorandum and articles of association, such actions include
amending the amended and restated memorandum and articles of association and approving a statutory merger or consolidation with another
company. There is no cumulative voting with respect to the appointment of directors, meaning, following the Company’s initial business
combination, the holders of more than 50% of the ordinary shares voted for the appointment of directors can elect all of the directors.
Prior to the consummation of the initial Business Combination, only holders of the Class B ordinary shares will (i) have the
right to vote on the appointment and removal of directors and (ii) be entitled to vote on continuing the Company in a jurisdiction
outside the Cayman Islands (including any special resolution required to amend the constitutional documents or to adopt new constitutional
documents, in each case, as a result of approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders
of the Class A ordinary shares will not be entitled to vote on these matters during such time. These provisions of the amended and
restated memorandum and articles of association may only be amended if approved by a special resolution passed by the affirmative vote
of at least 90% (or, where such amendment is proposed in respect of the consummation of the initial Business Combination, two-thirds)
of the shareholders who, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting of the
Company.

NOTE 8. SEGMENT INFORMATION

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statement information about operating segments, products, services,
geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information
is available that is regularly evaluated by the Company’s CODM, or group, in deciding how to allocate resources and assess performance.

The Company’s CODM has been identified
as the Chief