Meteora Capital, LLC Reports 9.88% Stake in 1RT Acquisition Corp. (ONCH)
On May 15, 2026, Meteora Capital, LLC, along with its Managing Member Vik Mittal, filed a Schedule 13G/A regarding their holdings in 1RT Acquisition Corp. (ONCH). The filing reports that the Reporting Persons beneficially own 1,705,014 shares of Class A common stock, representing a 9.88% ownership stake in the company. This reflects a significant increase from the previously reported 0.0% ownership, marking a new substantial position for the investment manager. The shares are held by various funds and managed accounts for which Meteora Capital serves as the investment manager. According to the filing, the Reporting Persons share voting and dispositive power over the entire 1,705,014 shares. The acquisition was made in the ordinary course of business and not with the intent to influence or change the control of the issuer. The principal business office for the reporting entities is located in Boca Raton, Florida. This amendment follows an event date of March 31, 2026.