1RT Acquisition Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 13, 2026, reporting financial results for the three and nine months ended on that date.
Key Highlights
- Net income of $1,485,927 for the three months ended September 30, 2026, compared to $1,398,121 for the same period in 2025, according to the filing.
- Trust Account balance of $180,615,726 in marketable securities as of September 30, 2026, up from $175,863,626 at December 31, 2025.
- Redemption value of $10.47 per share for the 17,250,000 Class A ordinary shares subject to possible redemption as of September 30, 2026, versus $10.20 per share at December 31, 2025.
- Total assets of $180,781,342 as of September 30, 2026, against total liabilities of $8,468,160, resulting in a shareholders' deficit of $8,302,544.
- Cash declined to $78,506 at September 30, 2026, from $383,075 at December 31, 2025, the filing disclosed.
- Convertible working capital loan of $169,000 from a related party appeared on the balance sheet as of September 30, 2026, with no comparable balance at year-end 2025.
- General and administrative costs of $470,528 for the nine months ended September 30, 2026, compared to $363,072 for the nine months ended September 30, 2025.
1RT Acquisition Corp. Financial Position and Results for the September 2026 Quarter
1RT Acquisition Corp. (NASDAQ:ONCH), a blank check company incorporated in the Cayman Islands, reported net income of $1,485,927 for the three months ended September 30, 2026, according to the filing. The company disclosed that the primary driver of income was interest earned on marketable securities held in the Trust Account, which totaled $1,635,411 for the quarter. For the nine-month period, interest earned on trust securities reached $4,752,100, contributing to nine-month net income of $4,286,252.
The filing disclosed that the company recorded a loss from operations of $149,766 for the third quarter of 2026, driven entirely by general and administrative costs. Total other income of $1,635,693 for the quarter, primarily from trust interest, offset that operating loss. As of September 30, 2026, total current liabilities were $255,660, including a $169,000 convertible working capital loan from a related party that was not present at year-end 2025. The deferred underwriting fee payable remained unchanged at $8,212,500. The company disclosed an accumulated deficit of $8,302,975 as of September 30, 2026.
The filing stated that as of November 13, 2026, there were 17,250,000 Class A Ordinary Shares and 4,312,500 Class B Ordinary Shares issued and outstanding. The registrant confirmed it is classified as a smaller reporting company and an emerging growth company, and checked "Yes" to its status as a shell company as defined in Rule 12b-2 of the Exchange Act. Basic and diluted net income per share was $0.07 for both Class A and Class B ordinary shares for the three months ended September 30, 2026, and $0.20 for the nine-month period.
What Was Disclosed
1RT Acquisition Corp. disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, including balance sheet data, income statement figures, and changes in shareholders' deficit, through its Form 10-Q filed November 13, 2026.




Please wait processing your request...