Company: ONCHW
Filing Date: 2025-06-11
Form Type: S-1
Source: 0001213900-25-053361
Chunk: 16

Company: 1RT Acquisition Corp.
Filing Date: 2025-06-11
Form: S-1
Chunk 16
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 consummate an initial business combination. See “Risk Factors — Because of our limited resources and the significant competition for business combination opportunities, it may be more difficult for us to complete our initial business combination. If we are unable to complete our initial business combination, our public shareholders may receive only their pro rata portion of the funds in the trust account that are available for distribution to public shareholders, and our warrants will expire worthless” and “Risk Factors — As the number of special purpose acquisition companies evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets or such attractive targets may not be interested to consummate a business combination with a SPAC due to a negative public perception of mergers involving SPACs. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination.” Acquisition Criteria Our business combination criteria will not be limited to a particular industry or geographic sector. However, given the experience and expertise of both our advisory and management teams, we intend to focus our search on companies in the digital assets and blockchain space, and with an enterprise value of greater than $1.0 billion, although we may ultimately target a deal below or above that range. We believe the following general criteria and guidelines are important in evaluating prospective target businesses, but we may decide to enter into a business combination with a target business that does not meet these criteria and guidelines. Identifying Industry Leaders Our strategy includes seeking businesses that are disrupting their sectors through innovative technology, driving transformation and competitive advantage. Public Market Advantages We prioritize companies that can benefit from access to public markets, enabling them to pursue strategic acquisitions, high -returncapital projects, and strengthen their balance sheets. 5 Strong Leadership and Talent We place high value on the leadership of a company. Our approach includes a thorough evaluation of management teams and personnel, ensuring the potential for team enhancement or expansion when needed. Proven Business Models We seek companies with established products, proven revenue generation, and a history of reinvesting cash flow to support sustainable growth and expansion. These criteria are not intended to be exhaustive. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant. We may decide to enter into our initial business combination with a target business that does not meet the above criteria and guidelines, and in the event we do so, we will disclose that the target