Research Alliance Corp III
For the period ended Jun 30, 2026. Filed Aug 12, 2026.
View on SEC.govAbout this filing
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.
Jun 30, 2026 · Filed Aug 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Unaudited Balance Sheet as of June 30, 2026
CONDENSED BALANCE SHEET
JUNE 30, 2026
| ASSETS | |
|---|---|
| Cash | $832,812 |
| Prepaid expenses | 128,649 |
| Total Current Assets | 961,461 |
| Long-term prepaid expenses | 107,208 |
| Marketable securities held in Trust Account | 75,238,468 |
| Total Assets | $76,307,137 |
| LIABILITIES, CLASS A ORDINARY SHARES SUBJET TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT | |
| Current liabilities: | |
| Accounts payable | $15,353 |
| Accrued expenses | 40,234 |
| Total Current Liabilities | 55,587 |
| Deferred underwriting fee payable | 2,250,000 |
| Total Liabilities | 2,305,587 |
| Commitments and Contingencies (Note 5) | |
| Class A ordinary shares subject to possible redemption, 7,500,000 shares at a redemption value of $10.00 per share | 75,238,468 |
| 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; 275,000 shares issued and outstanding, excluding 7,500,000 shares subject to possible redemption | 28 |
| 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 | — |
| Accumulated deficit | (1,237,078) |
| Total Shareholders’ Deficit | (1,236,918) |
| TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJET TO POSSIBLE REDEMPTIONAND SHAREHOLDERS’ DEFICIT | $76,307,137 |
CONDENSED STATEMENT OF OPERATIONS
FOR THE THREE MONTHS ENDED JUNE 30, 2026 AND FOR THE PERIOD FEBRUARY 19, 2026
(INCEPTION) THROUGH JUNE 30, 2026
| Three Months Ended June 30, 2026 | Period From February 19, 2026 (Inception) to June 30, 2026 | |
|---|---|---|
| General, formation and administrative expenses | $184,418 | $249,667 |
| Loss from operations | $(184,418) | $(249,667) |
| Other income: | ||
| Interest earned on marketable securities held in Trust Account | 238,468 | 238,468 |
| Total other income | 238,468 | 238,468 |
| Net income (loss) | $54,050 | $(11,199) |
| Basic and diluted net income (loss) per Class A ordinary share subject to redemption | $0.01 | $(0.00) |
| Weighted average Class A ordinary shares subject to redemption outstanding, basic and diluted | 3,379,121 | 2,329,545 |
| Basic and diluted net income (loss) per Class A and B ordinary share non-redeemable | $0.01 | $(0.00) |
| Weighted average Class A and B ordinary shares non-redeemable outstanding, basic and diluted | 1,447,430 | 1,348,785 |
CONDENSED STATEMENT OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE PERIOD FEBRUARY 19, 2026 (INCEPTION) THROUGH MARCH 31, 2026 AND THE THREE
MONTHS ENDED JUNE 30, 2026
| Class A OrdinaryShares · Class B OrdinaryShares · AdditionalPaid-InCapital · AccumulatedDeficit · TotalShareholders’Deficit | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance as of February 19, 2026 (Inception) | — | $— | — | $— | $— | $— | $— | |
| Issuance of Class B ordinary shares to Sponsor | — | — | 1,323,529 | 132 | 24,868 | — | 25,000 | |
| Net loss | — | — | — | — | — | (65,249) | (65,249) | |
| Balance as of March 31, 2026 | — | $— | 1,323,529 | $132 | $24,868 | $(65,249) | $(40,249) | |
| Sale of Private Placement shares upon IPO | 275,000 | 28 | — | — | 2,749,972 | — | 2,750,000 | |
| Remeasurement of Class A ordinary shares subject to possible redemption to redemption value | — | — | — | — | (2,774,840 | ) | (1,225,879) | (4,000,719) |
| Net income | — | — | — | — | — | 54,050 | 54,050 | |
| Balance as of June 30, 2026 | 275,000 | $28 | 1,323,529 | $132 | $— | $(1,237,078) | $(1,236,918) | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.