SCHEDULE: 1RT Acquisition Sponsor LLC Reports 20% Stake in 1RT
Beneficial Ownership Report
1RT Acquisition Sponsor LLC and Dan Tapiero disclose a 20% beneficial ownership stake in 1RT Acquisition Corp. through Class B Ordinary Shares.
Summary
- 1RT Acquisition Sponsor LLC and Dan Tapiero, collectively referred to as the Reporting Persons, have filed a Schedule 13G.
- The Reporting Persons beneficially own 4,312,500 Class B Ordinary Shares of 1RT Acquisition Corp.
- These Class B Ordinary Shares are automatically convertible into Class A Ordinary Shares upon or immediately following a business combination, or at the holder's option prior to the business combination.
- The 4,312,500 shares represent 20.0% of the total Class A Ordinary Shares, calculated based on 17,250,000 Class A and 4,312,500 Class B Ordinary Shares outstanding as of August 12, 2025.
- The reported beneficial ownership excludes 1,500,000 Class A Ordinary Shares that may be purchased by exercising warrants not presently exercisable.
- Dan Tapiero is the sole managing member of 1RT Acquisition Sponsor LLC and holds voting and investment discretion over the securities held by the LLC.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It provides transparency regarding the ownership structure but does not contain positive or negative financial performance indicators or forward-looking statements that would influence sentiment.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of beneficial ownership, common for SPAC sponsors and their principals. It provides transparency regarding the foundational ownership structure of 1RT Acquisition Corp., a Special Purpose Acquisition Company (SPAC), ahead of its potential business combination. Such disclosures are routine and do not inherently indicate broader industry trends beyond the ongoing activity in the SPAC market.
Stakeholder Impact
- Shareholders: Provides transparency regarding the significant ownership stake held by the sponsor and its principal, which is a key factor in corporate control and potential future business combinations.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of event which requires the filing of this statement. |
| 08/12/2025 | Date as of which the number of Class A and Class B Ordinary Shares outstanding was reported in the Issuer's Quarterly Report on Form 10-Q. |
| 08/13/2025 | Date the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, was filed with the SEC. |
| 08/13/2025 | Date the Schedule 13G was signed by Dan Tapiero. |
Keywords
1RT Acquisition Corp, 1RT Acquisition Sponsor LLC, Dan Tapiero, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, Class B Ordinary Shares, SPAC, Founder Shares, SEC Filing
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