Research Alliance Corporation III Announces $75 Million Initial Public Offering
Research Alliance Corporation III (RACC) has priced its initial public offering of 7.5 million Class A ordinary shares at $10 per share, raising a total of $75 million. The IPO is set to close on May 21, 2026, with the shares listed on Nasdaq under ticker symbol 'RACC'. The SPAC aims to pursue business combinations in healthcare or related industries.
Topics: healthcare industry initial public offering special purpose acquisition company