Research Alliance Corp III

Research Alliance Corp III (RACC) announced the successful completion of its initial public offering (IPO) on May 21, 2026, raising $75 million. Concurrently, the company completed a private placement, generating an additional $2.75 million from its sponsor. A significant portion of the proceeds, $75 million, has been deposited into a trust account for the benefit of public shareholders, marking a key milestone for the blank check company.

Research Alliance Corporation III announced the pricing and closing of its initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $75,000,000. Simultaneously, the company completed a private placement of 275,000 Class A ordinary shares to its Sponsor for $2,750,000. A total of $75,000,000 from the IPO and private placement proceeds was deposited into a trust account for public shareholders. The shares began trading on Nasdaq under "RACC" on May 20, 2026.

Research Alliance Corporation III, a blank check company, filed an S-1 amendment for its initial public offering of 7,500,000 Class A ordinary shares at $10.00 each, aiming to raise $75 million. The company intends to focus on the healthcare industry for its initial business combination and will deposit the gross proceeds into a trust account. The sponsor, Research Alliance Holdings III LLC, acquired founder shares at a nominal price and will also purchase $2.75 million in private placement shares.

Research Alliance Corp III (RACC), a newly organized blank check company, filed an amendment to its S-1 registration statement for an initial public offering. The company plans to offer 5,000,000 Class A ordinary shares at $10.00 per share, aiming to raise $50,000,000. The proceeds will be deposited into a trust account for a future business combination, with a focus on the healthcare or healthcare-related industries. The sponsor, Research Alliance Holdings III LLC, has acquired founder shares and will purchase additional private placement shares.

Research Alliance Corp III (RACC), a newly organized blank check company, filed an Amendment No. 1 to its S-1 Registration Statement for an initial public offering. The company proposes to offer 5,000,000 Class A ordinary shares at $10.00 per share, aiming to raise $50,000,000. RACC intends to pursue a business combination in the healthcare or healthcare-related industries within 24 months, leveraging its management team's extensive investment experience in the sector.