Polar Asset Management Partners Inc. Takes $5.28 Million Position in 1RT Acquisition Corp. $ONCHU

Polar Asset Management Partners Inc. acquired a new position in 1RT Acquisition Corp. (NASDAQ:ONCHU) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 500,000 shares of the company’s stock, valued at approximately $5,275,000.

Several other hedge funds have also recently bought and sold shares of ONCHU. Jain Global LLC bought a new position in 1RT Acquisition during the third quarter valued at about $9,381,000. MMCAP International Inc. SPC bought a new stake in shares of 1RT Acquisition during the 3rd quarter worth about $6,330,000. Millennium Management LLC acquired a new position in shares of 1RT Acquisition during the 3rd quarter valued at about $3,471,000. Ghisallo Capital Management LLC bought a new position in shares of 1RT Acquisition in the 3rd quarter valued at approximately $2,622,000. Finally, Moore Capital Management LP bought a new position in shares of 1RT Acquisition in the 3rd quarter valued at approximately $2,638,000.

1RT Acquisition Stock Performance

ONCHU opened at $10.29 on Thursday. The business has a 50 day moving average price of $10.35 and a 200 day moving average price of $10.44. 1RT Acquisition Corp. has a twelve month low of $10.20 and a twelve month high of $11.35.

1RT Acquisition Profile

We are a blank check company incorporated on December 13, 2024 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.