--- title: "Research Alliance Corp III prices IPO for $75M, deposits $75M in trust" type: "News" locale: "en" url: "https://longbridge.com/en/news/287975381.md" description: "Research Alliance Corp III has successfully completed its IPO, raising $75 million by selling 7.5 million Class A shares at $10 each. Additionally, a private placement of 275,000 Class A shares generated $2.75 million. The total proceeds, including a deferred commission, have been placed in trust for public shareholders. An unqualified opinion on the balance sheet shows total assets of $76,255,049 as of May 21, 2026." datetime: "2026-05-28T21:33:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287975381.md) - [en](https://longbridge.com/en/news/287975381.md) - [zh-HK](https://longbridge.com/zh-HK/news/287975381.md) --- # Research Alliance Corp III prices IPO for $75M, deposits $75M in trust **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: Research Alliance Corp III \[ RACC \] - 8-K - May. 28, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [RACC.US](https://longbridge.com/en/quote/RACC.US.md) ## Related News & Research - [Amanat Acquisition raises $78M in IPO and sponsor placement; $75M held in trust](https://longbridge.com/en/news/287824716.md) - [Applied Aerospace & Defense, Inc. Announces Launch of Initial Public Offering | AADX Stock News](https://longbridge.com/en/news/287627979.md) - [How Is Netflix’s Stock Performance Compared to Other Entertainment Stocks?](https://longbridge.com/en/news/288021269.md) - [Rani Therapeutics to Raise ~$20M via $1.07 Share Offering and Pre-Funded Warrants](https://longbridge.com/en/news/287752521.md) - [How Is Tesla's Stock Performance Compared to Other Consumer Cyclical Stocks?](https://longbridge.com/en/news/287960388.md)