Company: ONCHW
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075689
Chunk: 26

Company: 1RT Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 Financial Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources
and assessing financial performance. Accordingly, management has determined that the Company only has one reportable segment.

The CODM assesses performance for the single
segment and decides how to allocate resources based on net income or loss that are also reported on the statements of operations as net
income or loss. The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s
performance and making key decisions regarding resource allocation, CODM reviews several key metrics, which include the following:

    For the  Three Months  Ended June 30,

    For the Six Months  Ended 
    June 30,

    2025

    2025

    General and administrative costs
     
    $
    41,267

    $
    72,267

General and administrative costs are reviewed
and monitored by the CODM to manage and forecast cash to ensure that enough capital is available to complete an Initial Public Offering
and eventually a Business Combination within the business combination period. The CODM also reviews general and administrative costs
to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

General and administrative costs, as reported
on the statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net income
or loss are reported on the statements of operations and described within their respective disclosures.

14

1RT ACQUISITION CORP.

NOTES TO CONDENSED FINANCIAL STATEMENTS

JUNE 30, 2025

(UNAUDITED)

NOTE 9. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions
that occurred after the condensed balance sheet dates up to August 12, 2025, the date that the unaudited condensed
financial statements were issued. Based upon this review, other than as described below, the Company did not identify any subsequent
events that would have required adjustment or disclosure in the unaudited condensed financial statements.

The registration statement for the Company’s
Initial Public Offering was declared effective on July 1, 2025. On July 3, 2025, the Company consummated the Initial Public Offering
of 17,250,000 units, which includes the full exercise by the underwriters of their over-allotment option in the amount of 2,250,000 Units,
at