Company: ONCHW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110042
Chunk: 74

Company: 1RT Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 74
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 to any seller in the initial business combination and any private placement-equivalent warrants issued to the Sponsor
or any of its affiliates or to the Company’s officers or directors upon conversion of working capital loans) minus (iii) any
redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination; provided that
such conversion of founder shares will never occur on a less than one-for-one basis.

Holders of record of the Company’s Class A
ordinary shares and Class B ordinary shares are entitled to one vote for each share held on all matters to be voted on by shareholders.
Unless specified in the amended and restated memorandum and articles of association or as required by the Companies Act or stock exchange
rules, an ordinary resolution under Cayman Islands law and the amended and restated memorandum and articles of association, 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 is generally required to approve any matter voted on by the Company’s shareholders. Approval
of certain actions requires a special resolution under Cayman Islands law, which (except as specified below) requires the affirmative
vote of at least two-thirds of the shareholders who, being entitled to do so, vote in person or, where proxies are allowed, by proxy
at a general meeting, and pursuant to the Company’s amended and restated memorandum and articles of association, such actions include
amending the amended and restated memorandum and articles of association and approving a statutory merger or consolidation with another
company. There is no cumulative voting with respect to the appointment of directors, meaning, following the Company’s initial business
combination, the holders of more than 50% of the ordinary shares voted for the appointment of directors can elect all of the directors.
Prior to the consummation of the initial Business Combination, only holders of the Class B ordinary shares will (i) have the
right to vote on the appointment and removal of directors and (ii) be entitled to vote on continuing the Company in a jurisdiction
outside the Cayman Islands (including any special resolution required to amend the constitutional documents or to adopt new constitutional
documents, in each case, as a result of approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders
of the Class A ordinary shares will not be entitled to vote on these matters during such time. These provisions of the