Research Alliance Corp III completed an IPO raising $75.0 million and deposited $75.0 million into a trust account.
Key Highlights:
- Sold 7,500,000 Class A shares at $10.00 each, generating $75,000,000 gross proceeds.
- Concurrent private placement of 275,000 Class A shares to sponsor raised $2,750,000.
- $75,000,000 of net IPO and private placement proceeds (including $2,250,000 deferred commission) placed in trust for public shareholders.
- Auditor CBIZ CPAs issued unqualified opinion on balance sheet as of May 21, 2026 showing total assets $76,255,049.
Original SEC Filing:
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