Research Alliance Corp III

S-1 filed

Research Alliance Corporation III is a newly organized blank check company formed to effect a merger, share exchange, asset acquisition, or similar business combination. The company is conducting an initial public offering (IPO) of 5,000,000 Class A ordinary shares at $10.00 per share, with an underwriter option to purchase additional shares. Proceeds will be held in a trust account, and public shareholders may redeem shares upon completion of a business combination or if the company fails to complete one within 24 months. The company has not yet identified a target and has no prior filings. Founder shares will convert to Class A shares upon a business combination, subject to anti-dilution adjustments.