RACC news

Latest 2 stories · newest May 28, 2026

RACC
Research Alliance Corp III completes $75M IPO at $10 per share

Research Alliance Corporation III closed its initial public offering of 7.5 million Class A shares at $10 per share, raising $75 million in gross proceeds plus an additional $2.75 million from a concurrent private placement. The company, a special purpose acquisition vehicle (SPAC), deposited $75 mi…

RACC
Research Alliance Corp III completes IPO on May 19, 2026

Research Alliance Corporation III's Form S-1 registration statement became effective, enabling the company to complete its initial public offering with Leerink Partners LLC as sole bookrunning manager. The company simultaneously established a trust account to hold IPO proceeds and private placement …

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