According to BlockBeats, 1RT Acquisition Corp. has filed an S-1 amendment with the U.S. Securities and Exchange Commission, announcing its intention to raise $150 million through an initial public offering. The company is expected to list on Nasdaq under the ticker symbol 'ONCHU.'
1RT Acquisition Corp. aims to expand its operations in the cryptocurrency, blockchain, and fintech sectors. The company plans to achieve this through mergers, acquisitions, share exchanges, asset purchases, stock acquisitions, restructurings, or similar business combinations, potentially involving one or more enterprises.