Research Alliance III (Stock-Only SPAC)

General Information
Business:

(Incorporated in the Cayman Islands) 

We are a newly formed blank check company. We intend to focus our search for a target company on the drug development and health-tech sectors. We will look for companies involved in drug development and commercialization , as well as those involved in diagnostic and healthcare technology and firms in the service sector. We may pursue a target affiliated with RA Capital.

Matthew Hammond, PhD, a partner on RA Capital Management’s investment team, is our founding CEO and a director.

Henry Stusnick, our founding chief business officer and operating officer, is an analyst on the investment team at RA Capital Management.

Our sponsor is an affiliate of RA Capital Management, a leading life sciences focused investment firm with over $15 billion of regulatory assets under management as of December 31, 2025. Since its launch in 2002, RA Capital Management has focused primarily on the healthcare industry. 

(Note: Research Alliance Corp. III priced its stock-only SPAC IPO on May 19, 2026, in sync with the terms in the prospectus  – 7.5 million shares at $10.00 each – and raised $75 million, the company said. Background: Research Alliance Corp. III increased the size of its stock-only SPAC IPO to 7.5 million shares – up from 5.0 million shares initially – and kept  the price at $10.00 per share – to raise $75 million, according to its S-1/A filing dated May 13, 2026. Background: Research Alliance Corp. III  filed its S-1 for its SPAC IPO on March 24, 2026, and disclosed the terms of its stock-only SPAC: 5 million shares at $10.00 each to raise $50 million. Unlike most SPACs, Research Alliance III is not offering units consisting of a share of stock with either a warrant or a right attached.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2026
Contact Information
Address 600 Fifth Avenue, 23rd Floor New York, NY 10020 Tel.: +1 (617) 778 2500New York, NY
Phone Number +1 (617) 778 2500
Web Address
View Prospectus: Research Alliance III (Stock-Only SPAC)
Financial Information
Market Cap $90.99mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol RACC
Exchange NASDAQ
Shares (millions): 7.5
Price range $10.00 - $10.00
Est. $ Volume $75.0 mil
Manager / Joint Managers Leerink Partners
CO-Managers
Expected To Trade: 5/20/2026
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change