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AI brief of an SEC Form 8-K · Research Alliance Corp III (RACC)

Research Alliance Corporation III closes $75 million IPO of 7.5 million Class A shares

Neutral Impact 3 of 5 financing Written later

Research Alliance Corporation III, a blank check company, closed its initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share on May 21, 2026, generating gross proceeds of $75 million before underwriting discounts and offering expenses. The full $75 million was deposited in a trust account for public shareholders, and the company has not yet selected a business combination target.

Key points

  • IPO of 7,500,000 Class A ordinary shares at $10.00 per share, closed May 21, 2026
  • Private placement of 275,000 Class A shares to sponsor Research Alliance Holdings III LLC for $2.75 million
  • $75 million placed in trust account with Continental Stock Transfer & Trust Company as trustee
  • Company has 24 months from IPO closing to complete a business combination, per the filing's Note 1

The filing

CompanyResearch Alliance Corp III (RACC)
Form8-K, current report
Filed with the SECMay 28, 2026, 5:26 PM ET
Accession number0001193125-26-245567

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.