1RT Acquisition swings to Q1 FY26 net income of $1.37 million
1RT Acquisition Corp. Class A
1RT Acquisition Corp. Class A ONCH | 0.00 |
- 1RT Acquisition swings to net income of $1.37 million for the quarter ended March 31, 2026, from a net loss of $31,000 a year earlier.
- Interest income on marketable securities held in the Trust Account totaled $1.55 million, while general and administrative costs were $172,510.
- Marketable securities in the Trust Account stood at $177.41 million, with cash outside the Trust Account of $191,060.
- Net cash used in operating activities was $187,758, while the company flagged substantial doubt about its ability to continue as a going concern within one year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1RT Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-056800), on May 14, 2026, and is solely responsible for the information contained therein.
