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AI brief of an SEC Form 8-K · 1RT Acquisition Corp. (ONCH)

1RT Acquisition Corp. closes $172.5 million IPO of 17.25 million units on July 3

Neutral Impact 3 of 5 financing Written later

1RT Acquisition Corp., a blank check company, completed its initial public offering on July 3, 2025, selling 17,250,000 units at $10.00 each, including the full exercise of the underwriters' over-allotment option. The $172.5 million raised was placed in a U.S. trust account to be used for a future business combination, and the company has not yet selected a target.

Key points

  • 17,250,000 units sold at $10.00 each, for gross proceeds of $172,500,000
  • $172,500,000 placed in trust account with Continental Stock Transfer & Trust Company
  • Private placement of 2,250,000 warrants at $2.00 each for $4,500,000, bought by the sponsor and Cantor Fitzgerald & Co.
  • Company has 24 months from the IPO closing to complete a business combination; no target has been selected

The filing

Company1RT Acquisition Corp. (ONCH)
Form8-K, current report
Filed with the SECJul 10, 2025, 5:28 PM ET
Accession number0001213900-25-062869

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 10, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.