SCHEDULE: Jain Global Discloses 5.2% Stake in 1RT Acquisition Corp.
Beneficial Ownership Report
Jain Global LLC, Jain Holdings LLC, and Robert Jain have jointly reported a beneficial ownership of 5.2% in 1RT Acquisition Corp.'s Class A ordinary shares.
Summary
- Jain Global LLC, Jain Holdings LLC, and Robert Jain (collectively, the "Reporting Persons") have filed a Schedule 13G, disclosing their beneficial ownership in 1RT Acquisition Corp.
- The Reporting Persons collectively beneficially own 894,303 Class A ordinary shares of 1RT Acquisition Corp.
- This ownership represents 5.2% of the total Class A ordinary shares outstanding.
- The percentage is calculated based on 17,250,000 shares outstanding as of August 12, 2025, as reported in the Company's Form 10-Q.
- The shares are held in the form of Units by Jain Global Master Fund Ltd, for which Jain Global LLC acts as the investment manager.
- All Reporting Persons share both voting and dispositive power over the 894,303 shares.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a standard Schedule 13G, reporting a beneficial ownership stake. It provides factual information about the ownership structure but does not offer insights into the issuer's performance, strategy, or future prospects, thus maintaining a neutral sentiment.
Positives
- NA (This filing is a disclosure of beneficial ownership and does not contain information on the issuer's operational positives.)
Negatives
- NA (This filing is a disclosure of beneficial ownership and does not contain information on the issuer's operational negatives.)
Risks
- NA (This filing is a disclosure of beneficial ownership and does not detail specific risks related to the issuer's operations or financial health.)
Future Outlook
NA (This filing is a disclosure of beneficial ownership and does not provide forward-looking statements or guidance from the issuer.)
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
NA (This filing is a disclosure of beneficial ownership and does not provide analysis of broader industry trends or competitors.)
Comparison to Industry Standards
- NA (This filing is a disclosure of beneficial ownership and does not provide an assessment of results in the context of global benchmarks or comparable companies.)
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | This filing does not report any changes in directors, officers, or key personnel of 1RT Acquisition Corp. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | This filing does not report any changes in bylaws, committees, policies, or procedures of 1RT Acquisition Corp. | NA | NA |
Legal Proceedings
- NA (This filing does not report any litigation or regulatory matters.)
Related Party Transactions
- NA (This filing does not disclose any related party dealings for 1RT Acquisition Corp.)
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional stake (5.2%) by Jain Global LLC, Jain Holdings LLC, and Robert Jain provides transparency regarding the ownership structure, which can influence investor perception and potentially the company's strategic direction if the stake were to increase or if the holders became activist.
- Management: Awareness of a significant institutional holder may influence management's strategic decisions and communication.
Next Steps
- NA (The filing does not mention any specific future actions, events, or milestones for the issuer or the reporting persons beyond the ongoing ownership.)
Key Dates
| Date | Description |
|---|---|
| 2025-02-05 | Date of Power of Attorney granted to Noah Goldberg by Robert Jain. |
| 2025-06-30 | End of quarterly period for which 1RT Acquisition Corp. filed its Form 10-Q, reporting shares outstanding. |
| 2025-08-12 | Date as of which 17,250,000 shares of 1RT Acquisition Corp. were reported outstanding. |
| 2025-08-13 | Date 1RT Acquisition Corp. filed its Quarterly Report on Form 10-Q. |
| 2025-09-30 | Date of event which requires the filing of this Schedule 13G. |
| 2025-11-14 | Date of signing and filing of the Schedule 13G. |
Keywords
1RT Acquisition Corp, Jain Global LLC, Jain Holdings LLC, Robert Jain, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SPAC, Investment Adviser, Institutional Ownership
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