July 1, 2025 · Form 4 insider transaction
Tapiero Daniel M. bought 1,500,000 shares of 1RT Acquisition Corp. at $2.00 per share, a transaction worth $3.00M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
1RT Acquisition Sponsor LLC (the "Sponsor") purchased 1,500,000 warrants, as described in the Issuer's registration statement on Form S-1 (File No. 333-287941) (the "S-1"), in a private placement of warrants at a price of $2.00 per private placement warrant. Each private placement warrant is exercisable to purchase one Class A ordinary share at a price of $11.50 per share.; The warrants become exercisable 30 days after the completion of the Issuer's initial business combination.; The warrants expire 5 years after the completion of the Registrant's initial business combination or earlier upon redemption or liquidation, as described in the S-1.; Dan Tapiero (the "Reporting Person") is the managing member of the Sponsor, and as such, has voting and investment discretion with respect to the ordinary shares held of record by the Sponsor and may be deemed to have shared beneficial ownership of the ordinary shares held directly by the Sponsor. The Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly.