1RT Acquisition Corp plans to go public on NASDAQ, raising $150 million to expand its cryptocurrency and fintech business

ChainCatcher news, according to PRNewswire, 1RT Acquisition Corp. announced its intention to raise $150 million through an IPO after submitting an S-1 amendment to the U.S. Securities and Exchange Commission. According to the latest information disclosure, the company is expected to be listed on NASDAQ under the ticker symbol "ONCHU" on July 2 local time in the U.S.

It is reported that 1RT Acquisition Corp. plans to merge, consolidate, exchange shares, acquire assets, purchase shares, restructure, or engage in similar business combinations with one or more companies to expand into areas such as cryptocurrency, blockchain, and fintech, including the acquisition of digital assets.