1RT Acquisition posts Q2 net income of USD 1.43 million, swinging from a net loss of USD 41,267 a year earlier.
Interest income on Trust Account marketable securities totals USD 1.57 million, partially offset by USD 145,266 in general and administrative costs.
Six-month net income reaches USD 2.8 million, reversing a USD 72,267 loss in the prior-year period.
Trust Account marketable securities stand at USD 178.98 million, including about USD 6.48 million of interest income; cash outside the Trust Account is USD 36,203.
Management flags substantial doubt about going concern, citing limited liquidity and the need to complete a Business Combination by July 3, 2027.
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