Research Alliance Corporation III

Definitive Agreement
CIK: 2118032•Ticker: RACC

SPAC Overview

$75M
IPO Size
$75.2M
Trust (as of 2026-06-30)
Definitive Agreement
Current Status
2026
IPO Year

Timeline Progress

About

Research Alliance Corporation III is a blank-check company formed to effect a business combination with an unidentified business. Its focus is healthcare and healthcare-related industries, particularly drug development and commercialization, diagnostics, and healthcare technology and services.

Investment Focus

Healthcare, Biopharmaceuticals

Geographic Focus

United States

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Underwriters

Extended Team Information

The team is affiliated with RA Capital Management, a life-sciences-focused investment firm. CEO and director Matthew Hammond and Chief Business Officer and Chief Operating Officer Henry Stusnick are members of its investment team; the director nominees bring biotechnology, life-sciences, finance, and operating experience. The team has prior SPAC experience with Research Alliance Corp. I, which combined with POINT Biopharma.

Stock Performance

RACC
Trading Symbol
First Trade
May 20, 2026
$10.21
Current Price
September 30, 2026
$10.75
+5%

Key Information

IPO Date
May 20, 2026
PIPE
$55M
State of Incorporation
E9
SIC
6770
Merger Target
Oak Hill Bio (OHB Pediatrics Ltd.)
SPAC Ticker
RACC