secwatch.observer — SEC 8-K summary
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Issuer:     Research Alliance Corp III (RACC)
CIK:        0002118032
Form:       8-K
Filed at:   2026-07-27T12:18:43+00:00
Accession:  0001193125-26-316954
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RACC to acquire OHB Pediatrics in $160M SPAC merger; $55M PIPE and $45M SAFE financing
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- Base equity value of $160M; total consideration includes $45M in SAFE notes from RA Capital.
- PIPE financing of $55M at $10/share; backstop agreement for up to $75M to cover redemptions.
- OHB Pediatrics shareholders to receive RACC common stock; lock-up of 6 months for insiders.
- Transaction expected to close in H2 2026, subject to shareholder vote, HSR clearance, and Nasdaq listing.
- RACC to domesticate to Delaware; board to be reconstituted post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2118032/000119312526316954/0001193125-26-316954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2118032/000119312526316954/d101725d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-316954

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