Company: ONCHW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110042
Chunk: 72

Company: 1RT Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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 The Company will bear the expenses incurred in connection
with the filing of any such registration statements.

Underwriters’ Agreement

The underwriters had a 45-day option from the
date of the Initial Public Offering to purchase up to an additional 2,250,000 units to cover over-allotments, if any. On July 3,
2025, the underwriters elected to fully exercise their over-allotment option to purchase an additional 2,250,000 Units at a price of
$10.00 per Unit.

14

 1RT ACQUISITION CORP. NOTES TO CONDENSED FINANCIAL STATEMENTS SEPTEMBER 30, 2025 (Unaudited)

The underwriters were entitled to a cash underwriting
discount of $3,000,000 (2.0% of the gross proceeds of the units offered in the Initial Public Offering, excluding the proceeds from units
sold pursuant to the underwriters’ over-allotment option). Additionally, the underwriters were entitled to a deferred underwriting
discount of 4.50% of the gross proceeds of the Initial Public Offering held in the Trust Account other than those sold pursuant to the
underwriters’ over-allotment option and 6.50% of the gross proceeds sold pursuant to the underwriters’ over-allotment option,
$8,212,500 in the aggregate as the underwriters’ exercised their over-allotment option in full upon the completion of the Company’s
initial Business Combination subject to the terms of the underwriting agreement.

NOTE 7. STOCKHOLDERS’ (DEFICIT) EQUITY

Preference Shares — The
Company is authorized to issue a total of 1,000,000 preference shares at par value of $0.0001 each. At September 30, 2025 and December
31, 2024, there were no preference shares issued or outstanding.

Class A Ordinary Shares — The
Company is authorized to issue a total of 200,000,000 Class A ordinary shares at par value of $0.0001 each. At September 30, 2025,
there were no shares of Class A ordinary shares issued or outstanding, excluding 17,250,000 shares subject to possible redemption
presented in temporary equity. At December 31, 2024, there were no Class A ordinary shares issued or outstanding.

Class B Ordinary Shares — The
Company