secwatch.observer — SEC 8-K summary
======================================

Issuer:     Research Alliance Corp III (RACC)
CIK:        0002118032
Form:       8-K
Filed at:   2026-05-28T21:26:58+00:00
Accession:  0001193125-26-245567
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Research Alliance III completes $75M IPO and $2.75M private placement on May 21, 2026
--------------------------------------------------------------------------------

- Sold 7.5M Class A shares at $10.00 each for $75M gross proceeds; $75M deposited into trust.
- Sponsor purchased 275K private placement shares at $10.00 each, raising $2.75M.
- Audited balance sheet shows $76.3M total assets, $2.3M liabilities, and $(1.09M) shareholders' deficit.
- SPAC must complete a business combination within 24 months from the IPO closing.
- Working capital of $1.16M; no operating revenues until combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2118032/000119312526245567/0001193125-26-245567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2118032/000119312526245567/d910773d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-245567

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer