1RT Acquisition Corp. Reports $1.4 Million Net Income for Quarter Ending June 30, 2026

1RT Acquisition Corp. reported its financial results for the quarter ending June 30, 2026, revealing a net income of $1.4 million, a significant increase from a net loss of $41,267 during the same period in 2025. The company generated total other income of $1.57 million, primarily from interest earned on marketable securities held in its Trust Account, which amounted to $179 million as of June 30, 2026. General and administrative costs rose to $145,266 for the quarter, compared to $41,267 in the prior year, reflecting the company's ongoing operational expenses as it prepares for a potential business combination.

In the first half of 2026, 1RT Acquisition Corp. reported a net income of $2.8 million, up from a net loss of $72,267 in the first half of 2025. The increase in income was driven by interest income from marketable securities totaling $3.1 million, while general and administrative expenses reached $320,762. The company’s cash position outside the Trust Account decreased to $36,203 from $383,075 at the end of the previous fiscal year, indicating a need for careful cash management as it pursues its acquisition strategy.

The company has not yet completed any business combinations since its inception in December 2024. As of June 30, 2026, it had 17.25 million Class A ordinary shares and 4.31 million Class B ordinary shares outstanding. The Class A shares are subject to possible redemption at a value of $10.38 per share, reflecting the company's ongoing commitment to its shareholders. The company has also incurred $11.87 million in costs related to its Initial Public Offering, which was completed in July 2025, generating gross proceeds of $172.5 million.

Looking ahead, 1RT Acquisition Corp. faces challenges in completing a business combination within the required timeframe, which is set to expire on July 3, 2027. The company has acknowledged substantial doubt about its ability to continue as a going concern if it cannot secure a target for acquisition. Management plans to utilize the funds in the Trust Account for this purpose, but there is no assurance that a suitable business combination will be achieved. The company is also exploring potential working capital loans from its sponsor or affiliates to support its operational needs as it navigates the acquisition landscape.