1RT Acquisition Corp. Reports $2.89 Million Net Income for 2025, Pursues Business Combination

**1RT Acquisition Corp. Reports Financial Results for 2025, Continues Search for Business Combination**

1RT Acquisition Corp., a Cayman Islands-exempted company (Nasdaq: ONCHU, ONCH, ONCHW), filed its annual report on Form 10-K for the fiscal year ended December 31, 2025, indicating a net income of $2.89 million. This figure is primarily attributed to $3.36 million in interest income earned on marketable securities held in the Trust Account, offset by $0.47 million in general and administrative expenses. This marks a significant shift from the period between the company's inception on December 13, 2024, and December 31, 2024, during which the company reported a net loss of $19,932, consisting entirely of general and administrative expenses.

The company's financial position as of December 31, 2025, shows total assets of $176.38 million, including $175.86 million in marketable securities held in the Trust Account and $0.38 million in cash. Total liabilities amounted to $8.36 million, including a deferred underwriting fee payable of $8.21 million. Class A ordinary shares subject to possible redemption were valued at $175.86 million, reflecting 17,250,000 shares outstanding at a redemption value of $10.20 per share. The company's strategy remains focused on identifying and completing a business combination, leveraging the expertise of its advisory and management teams in the digital assets and blockchain space.

Operationally, 1RT Acquisition Corp. consummated its Initial Public Offering (IPO) on July 3, 2025, raising gross proceeds of $172.5 million through the sale of 17,250,000 units at $10.00 each. Simultaneously, the company completed a private placement of 2,250,000 private placement warrants, generating gross proceeds of $4.5 million. These funds were placed into a Trust Account, intended for use in a future business combination. The company is actively seeking a business combination target with an enterprise value greater than $1 billion, primarily within the digital assets and blockchain sectors, although it retains flexibility to consider opportunities outside these areas.

Looking ahead, 1RT Acquisition Corp. faces a deadline of July 3, 2027, to complete its initial business combination. Failure to do so will result in the redemption of public shares and subsequent liquidation of the company. The company acknowledges potential challenges, including competition from other special purpose acquisition companies (SPACs), regulatory hurdles, and the need to secure additional financing. Management believes that the funds available outside of the Trust Account are sufficient to allow the company to operate for at least the duration of the combination period. The company's future success hinges on its ability to identify and execute a value-creating business combination within the specified timeframe.