Company: ONCHW
Filing Date: 2025-02-11
Form Type: DRS
Source: 0001213900-25-012094
Chunk: 253

Company: 1RT Acquisition Corp.
Filing Date: 2025-02-11
Form: DRS
Chunk 253
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 will initially be divided into three classes, Class I, Class II and Class III, with members of each class serving staggered three -yearterms. Our amended and restated memorandum and articles of association will provide that the authorized number of directors may be changed only by resolution of the board of directors. Subject to the terms of any preference shares, any or all of the directors may be removed from office at any time by an ordinary resolution, which requires the affirmative vote of a majority 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. Prior to the consummation of an initial business combination, only holders of our Class B ordinary shares will have the right to vote on the appointment and removal of directors. Our board of directors may, by a vote of a majority of our directors then in office, appoint any person to be a director, either to fill a vacancy or as an additional director. Securities Eligible for Future Sale Immediately after this offering we will have 18,750,000 (or 21,562,500 if the underwriters’ over -allotmentoption is exercised in full) ordinary shares outstanding. Of these shares, the Class A ordinary shares sold in this offering (15,000,000 Class A ordinary shares if the underwriters’ over -allotmentoption is not exercised and 17,250,000shares if the underwriters’ over -allotmentoption is exercised in full) will be freely tradable without restriction or further registration under the Securities Act, except for any Class A ordinary shares purchased by one of our affiliates within the meaning of Rule 144 under the Securities Act. All of the outstanding founder shares (3,750,000 founder shares if the underwriters’ over -allotmentoption is not exercised and 4,312,500 founder shares if the underwriters’ over -allotmentoption is exercised in full) and all of the outstanding private placement warrants (4,500,000 warrants, regardless of if the underwriters’ over -allotmentoption is exercised) will be restricted securities under Rule 144, in that they were issued in private transactions not involving a public offering. Rule 144 Pursuant to Rule 144, a person who has beneficially owned restricted shares or warrants for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have been one of our affiliates at the time of, or at