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1RT Acquisition Corp. IPO Overview

On July 1, 2025, 1RT Acquisition Corp., a blank check company, announced the pricing of its initial public offering (IPO), setting the total at an impressive $150 million for 15 million units. These units are set to trade on the Nasdaq Stock Market LLC starting July 2, 2025, under the ticker symbol "ONCHU."

Each unit comprises one Class A ordinary share and one-quarter of a redeemable warrant, each warrant allowing the holder to purchase a full Class A ordinary share at a price of $11.50, subject to specific adjustments. Notably, fractional warrants will not be issued in this offering; only entire warrants will be available for trading. As the units break into separate components, the Class A ordinary shares and warrants will trade under their respective symbols, "ONCH" and "ONCHW."

The expected closing date for this offering is July 3, 2025, depending on the fulfillment of standard closing conditions. To support the offering, the underwriters have received a 45-day option to purchase up to an additional 2.25 million units at the initial public offering price to accommodate any over-allotments.

Business Focus and Strategy

1RT Acquisition Corp. is established with the intent of engaging in a business combination through methods like mergers and asset acquisitions with one or more businesses. The company's strategic focus is primarily on the digital assets sector, specifically targeting technology-enabled businesses, including those working with cryptocurrency, blockchain, and financial technologies. By leveraging the extensive expertise and network of its management team, the company aims to integrate with an established player poised for significant growth.

The management team is spearheaded by Dan Tapiero, the CEO and Chairman, alongside Chief Financial Officer, Joe Majocha. Their network includes notable board members, such as Jeffrey Blockinger, Matt Frymier, Jeffrey Nuechterlein, and Eric Vincent, each bringing a wealth of experience in the realms of digital assets and technology investments.

Cantor Fitzgerald Co. is acting as the sole book-running manager for the IPO, with Roberts Ryan, Inc. assisting as co-manager.

The formal offering is being conducted exclusively via a prospectus. Once finalized, the prospectus will be readily available through Cantor Fitzgerald Co. for interested investors and stakeholders.

SEC Filings and Forward-Looking Statements

A registration statement concerning the securities was duly filed with the U.S. Securities and Exchange Commission (SEC) on July 1, 2025, and is now active. It is crucial to note that this press release does not constitute an offer or solicitation for the sale of securities in any jurisdiction where such offers would be deemed illegal prior to registration or qualification.

The statements contained within this release are defined as "forward-looking statements" which encompass the planned IPO and any subsequent search for a business partnership. The success of the offering hinges on numerous conditions, with many of these being outside the company's influence. Interested parties can review detailed risk factors within the registration statement and the offering prospectus, accessible via the SEC's website, www.sec.gov.

As their IPO date approaches, 1RT Acquisition Corp. emerges as a significant player within the digital assets and fintech landscape, offering exciting investment opportunities for forward-thinking investors.