Company: ONCHW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110042
Chunk: 0

Company: 1RT Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Interim Financial Statements.

1RT ACQUISITION CORP.

CONDENSED BALANCE SHEETS

    September 30,  
    December 31, 

    2025  
    2024 

    (Unaudited)  

    Assets 

    Current assets 

    Cash 
    $741,229  
    $— 
  
    Prepaid expenses 
     123,064  
     8,886 
  
    Total Current Assets 
     864,293  
     8,886 

    Long-Term prepaid insurance 
     65,860  
     — 
  
    Marketable securities held in Trust Account 
     174,183,318  
     — 
  
    Deferred offering costs 
     —  
     134,537 
  
    Total Assets 
    $175,113,471  
    $143,423 

    Liabilities, Class A Ordinary Shares subject to Possible Redemption, and Shareholders’ (Deficit) Equity 

    Current Liabilities 

    Accrued expenses 
    $204,278  
    $— 
  
    Accrued offering costs 
     233,010  
     17,707 
  
    Promissory note - related party 
     —  
     120,648 
  
    Total Current Liabilities 
     437,288  
     138,355 

    Deferred underwriting fee payable 
     8,212,500  
     — 
  
    Total Liabilities 
     8,649,788  
     138,355 

    Commitments and Contingency (Note 6) 

    Class A ordinary shares subject to possible redemption, 17,250,000 shares at redemption value of $10.10 and $0.00 per share at September 30, 2025 and December 31, 2024, respectively 
     174,183,318  
     — 

    Shareholders’ (Deficit) Equity 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding 
     —  
     — 
  
    Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; none issued or outstanding (excluding 17,250