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Research Alliance Corp III

RACC

Market cap $92.2M

10.13 USD

+0.01

0.1%

At close Updated Oct 28, 11:46 AM EDT

1 day

0.1%

5 days

-0.1%

1 month

-5.42%

3 months

-26.81%

6 months

-1.65%

Year to date

-1.65%

1 year

-1.65%

5 years

-1.65%

10 years

-1.65%

About: Research Alliance Corporation III is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Financials Shell Companies

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GlobeNewsWire

3 months ago

Oak Hill Bio and Research Alliance Corporation III Announce Business Combination Agreement to Create Publicly Listed Rare Disease Biotechnology Company to Advance Antisense Oligonucleotide Therapy Rugonersen for Angelman Syndrome

Transaction to provide Oak Hill Bio with approximately $175 million in gross proceeds, including $75 million of cash in Research Alliance Corporation III's (Nasdaq: RACC) (“RACC”) trust account that is fully backstopped by RA Capital Management and a $100 million committed private financing. Together with Oak Hill Bio's recent $32.5 million Series A financing, the transaction is expected to provide cash runway for development of rugonersen, a potential best-in-class antisense oligonucleotide (ASO) for the treatment of Angelman syndrome, through Phase 3 readout and potential new drug application (NDA) submission in 2H2029.

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Research Alliance Corp III RACC Market cap $92.2M

News

Research Alliance Corp III

RACC

Market cap $92.2M