Research Alliance Corp III
For the period ended Mar 31, 2026. Filed Jul 2, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Jul 2, 2026
RACC$10.15-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Unaudited Balance Sheet as of March 31, 2026
CONDENSED BALANCE SHEET
MARCH 31, 2026
| ASSETS | |
|---|---|
| Cash | $280,275 |
| Other current assets | 2,600 |
| Total current assets | 282,875 |
| Deferred offering costs | 450,042 |
| Total Assets | $732,917 |
| LIABILITIES AND SHAREHOLDERS’ DEFICIT | |
| Current liabilities: | |
| Accrued offering costs | $422,417 |
| Accrued offering costs – related party | 10,500 |
| Accrued expenses | 40,249 |
| Promissory note – Sponsor | 300,000 |
| Total Current Liabilities | 773,166 |
| Commitments and Contingencies (Note 5) | |
| Shareholders’ Deficit | |
| Preference shares, $0.0001 par value, 1,000,000 shares authorized; none issued and outstanding | — |
| Class A ordinary shares, $0.0001 par value; 479,000,000 shares authorized; none issued and outstanding | — |
| Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 1,323,529 shares issued and outstanding | 132 |
| Additional paid-in-capital | 24,868 |
| Accumulated deficit | (65,249) |
| Total Shareholders’ Deficit | (40,249) |
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | $732,917 |
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