Research Alliance Corporation III Prices $75 Million IPO, Targets Healthcare Deals
Research Alliance Corporation III completed an initial public offering of 7.5 million Class A ordinary shares at $10.00 per share, raising $75 million. The special purpose acquisition company began trading on the Nasdaq Capital Market under the ticker RACC on May 20, 2026, and expects the offering to close on May 21, 2026, subject to customary clos…