1RT Acquisition Sponsor LLC bought ONCH
July 1, 2025 · Form 4 insider transaction
1RT Acquisition Sponsor LLC 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.
Footnotes
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.