Company: ONCHW
Filing Date: 2025-02-11
Form Type: DRS
Source: 0001213900-25-012094
Chunk: 26

Company: 1RT Acquisition Corp.
Filing Date: 2025-02-11
Form: DRS
Chunk 26
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 surrender of all 562,500 founder shares. Up to 562,500 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 7,500,000 public warrants included in the units to be sold in this offering and 4,500,000 private placement warrants to be sold in the private placement.

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| Exercise price:  |     | $11.50 per share, subject to adjustments as described herein. In addition, if (x) we issue additional class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business combination at an issue price or effective issue price of less than $9.20 per class A ordinary share (with such issue price or effective issue price to be determined in good faith by our board of directors and, in the case of any such issuance to our initial shareholders or their affiliates, without taking into account any founder shares held by our initial shareholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds (including from such issuances and this offering), and interest thereon, available for the funding of our initial business combination on the date of the consummation of our initial business combination (net of redemptions), and (z) the volume-weighted average trading price of our class A ordinary shares during the 20 trading day period starting on the trading day prior to the date on which we consummate our initial business combination (such price, the “Market Value”) is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under “Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price. |
| Exercise period: |     | The warrants will become exercisable 30 days after the completion of our initial business combination, provided that we have an effective registration statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the