StockNews.AI
ONCHU
StockNews.AI
21 days

1RT Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing September 12, 2025

1. ONCHU units can separate trading to Class A shares and warrants from September 2025. 2. Class A shares will trade under 'ONCH', warrants under 'ONCHW'. 3. The SEC approved the registration statement for ONCHU on July 1, 2025. 4. 1RT Acquisition Corp. is seeking opportunities in digital assets and technology. 5. Forward-looking statements indicate potential volatility based on future market conditions.

M&A
+0.24%Current Return
VS
+1.12%S&P 500
$10.4209/10 07:36 AM EDTEvent Start
$10.44509/11 02:04 PM EDTLatest Updated
6m saved
Insight
Article

FAQ

Why Bullish?

The separation of shares and warrants can lead to increased trading liquidity, which may attract more investors. Historically, SPACs often see price appreciation upon completion of separation and potential merger announcements.

How important is it?

The announcement of unit separation is a significant corporate development that can positively influence investor sentiment and trading activity around the stock.

Why Short Term?

The impact is immediate around the separation date, as it creates trading opportunities. Examples in SPACs show increased interest and volatility near such events.

Related Companies

ONCHONCHW
, /PRNewswire/ -- 1RT Acquisition Corp. (Nasdaq: ONCHU) (the "Company") announced today that, commencing September 12, 2025, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols "ONCH" and "ONCHW," respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol "ONCHU." The registration statement for the Company's securities became effective on July 1, 2025, following approval by the U.S. Securities and Exchange Commission ("SEC"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 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.[email protected]  Media Contact:M Group Strategic Communications[email protected] SOURCE 1RT Acquisition Corp. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News