- CEO
- Daniel Michael Tapiero
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- New York, NY New York NY United States of America 10001
- IPO Date
- Jul 2, 2025
- Business
- 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, with a focus on digital assets and technology-enabled businesses particularly those in the cryptocurrency, blockchain, and fintech sectors; it targets established companies of scale with enterprise values of $1 billion or more that leverage the extensive digital assets expertise and network of its management team led by CEO and Chairman Dan Tapiero, Founding Partner of affiliates 1RoundTable Partners and 10T Holdings. Incorporated in the Cayman Islands on December 13, 2024 and headquartered at 205 West 28th Street, 2nd Floor, Suite C, New York, New York 10001, the company operates in the shell companies industry within the financials sector and has not yet generated revenue or engaged in substantive operations beyond pursuing a business combination. In July 2025, 1RT Acquisition Corp. completed an upsized initial public offering of 17.25 million units at $10 each raising $172.5 million in gross proceeds plus $4.5 million from 2.25 million private placement warrants, with units beginning separate trading of Class A ordinary shares (ONCH) and warrants (ONCHW) on September 12, 2025; Cantor Fitzgerald served as sole book-running manager and the IPO proceeds are held 100% in trust pending a business combination within a 24-month window. As of June 30, 2025, the company reported cash and cash equivalents of $14.4 million and total assets of $15.4 million following IPO-related activities and general administrative expenses, with recent SEC filings including a quarterly report on Form 10-Q filed August 13, 2025 and multiple Schedule 13G ownership disclosures; no merger target has been announced as of December 2025.