Company: ONCHW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110042
Chunk: 4

Company: 1RT Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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     (293,043)

    Cash Flows from Investing Activities: 

    Investment of cash in Trust Account 
     (172,500,000)
  
    Net cash used in investing activities 
     (172,500,000)

    Cash Flows from Financing Activities: 

    Proceeds from sale of Units, net of underwriting discounts paid 
     169,500,000 
  
    Proceeds from sale of Private Placements Warrants 
     4,500,000 
  
    Repayment of promissory note - related party 
     (242,532)
  
    Payment of offering costs 
     (223,196)
  
    Net cash provided by financing activities 
     173,534,272 

    Net Change in Cash 
     741,229 
  
    Cash – Beginning of period 
     — 
  
    Cash – End of period 
    $741,229 

    Non-Cash investing and financing activities: 

    Offering costs included in accrued offering costs 
    $233,010 
  
    Deferred offering costs paid through promissory note – related party 
    $72,817 
  
    Deferred offering costs applied to prepaid services contributed by Sponsor 
    $8,886 
  
    Deferred underwriting fee payable 
    $8,212,500 

The accompanying notes are an integral part of
the unaudited condensed financial statements. 

4

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

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

1RT Acquisition Corp. (the “Company”)
is a blank check company incorporated as a Cayman Islands exempted corporation on December 13, 2024. The Company was incorporated
for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business
combination with one or more businesses (the “Business Combination”).

As of September 30, 2025, the Company has not
commenced any operations. All activity for the period from December 13, 2024 (inception) through September 30, 2025 relates to the
Company’s formation, the Initial Public Offering (as defined below), and subsequent to the Initial Public Offering, identifying
a target company for a