1RT Acquisition Corp. reported its financial results for the third quarter of 2025, revealing a net income of $1.4 million for the three months ending September 30, 2025. This figure represents a significant increase compared to the previous fiscal period, where the company reported a net income of $1.3 million for the nine months ending September 30, 2025. The income was primarily driven by interest earned on marketable securities held in the Trust Account, amounting to $1.7 million, which offset general and administrative costs of $285,197 for the quarter.
The company’s total assets as of September 30, 2025, reached approximately $175.1 million, a notable increase from $143.4 million at the end of the previous fiscal year. This growth was largely attributed to the successful completion of its Initial Public Offering (IPO) on July 3, 2025, which generated gross proceeds of $172.5 million. The IPO included the full exercise of the underwriters' over-allotment option, resulting in the issuance of 17.25 million units, each consisting of one Class A ordinary share and one-quarter of a redeemable warrant. The company also sold 2.25 million Private Placement Warrants for $4.5 million.
In terms of operational metrics, 1RT Acquisition Corp. has not yet commenced any business operations, as it is a blank check company formed to pursue a business combination. As of the reporting date, the company 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, with a redemption value of $10.10 per share. The company’s cash position outside the Trust Account stood at $741,229, which it plans to use for identifying and evaluating potential target businesses.
Looking ahead, 1RT Acquisition Corp. faces several challenges that could impact its ability to complete a business combination. The company noted that economic uncertainties, including fluctuations in financial markets and geopolitical tensions, could adversely affect its operations and acquisition plans. Management has indicated that it may need to raise additional capital to meet working capital needs, and there is no assurance that such financing will be available on favorable terms. The company remains focused on utilizing the funds in the Trust Account to facilitate a successful business combination, which is expected to be completed within the stipulated timeframe.
About 1RT Acquisition Corp.
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