Research Alliance Corp III posts net loss of $65,249 for Q1 FY26; no revenue

• Research Alliance Corporation III posted a net loss of $65,249 for the period from Feb. 19, 2026 through March 31, 2026, with no revenue.
• The loss consisted entirely of formation, general and administrative expenses of $65,249.
• Cash totaled $280,275 at March 31, 2026, with a working capital deficit of $490,291.
• After quarter-end, it completed a $75 million IPO on May 21, 2026, with offering costs of about $3.73 million, including $2.25 million deferred underwriting commissions.
• It also raised $2.75 million from a private placement of 275,000 Class A ordinary shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Research Alliance Corporation III published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-294451), on July 02, 2026, and is solely responsible for the information contained therein.