1RT Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing September 12, 2025
Rhea-AI Summary
1RT Acquisition Corp. (Nasdaq: ONCHU) announced that starting September 12, 2025, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants. The separated Class A ordinary shares and warrants will trade under the symbols "ONCH" and "ONCHW" respectively on the Nasdaq Global Market.
Unseparated units will continue trading under "ONCHU". The company's securities registration became effective on July 1, 2025, following SEC approval. Only whole warrants will be traded, with no fractional warrants being issued upon unit separation.
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News Market Reaction
On the day this news was published, ONCHU gained 0.19%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The registration statement for the Company's securities became effective on July 1, 2025, following approval by the
About 1RT Acquisition Corp.
1RT Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company's primary focus, however, will be on digital assets and technology-enabled businesses, particularly those in the cryptocurrency, blockchain, and fintech sectors.
Forward-Looking Statements
This press release may include, and oral statements made from time to time by representatives of the Company may include, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
1RT Acquisition Corp.
ir@1rtfund.com
Media Contact:
M Group Strategic Communications
1RT@mgroupsc.com
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SOURCE 1RT Acquisition Corp.