| Cash Flow | 2026-06-30 | 2026-03-31 |
|---|---|---|
| Net loss | 54,050 | -65,249 |
| General and administrative expenses paid through issuance of classb ordinary shares to sponsor | - | 25,000 |
| Interest earned on marketable securities held in trust account | 238,468 | - |
| Other current assets | - | 2,600 |
| Prepaid expenses | 235,857 | - |
| Accrued expenses | - | 40,249 |
| Accounts payable and accrued expenses | 55,587 | - |
| Net cash used in operating activities | -427,337 | -2,600 |
| Cash deposited in trust account | 75,000,000 | - |
| Net cash used in investing activities | -75,000,000 | - |
| Proceeds from issuance of classb ordinary shares to sponsor | 25,000 | - |
| Proceeds from promissory note - sponsor | 0 | 300,000 |
| Repayment of promissory note - sponsor | 300,000 | - |
| Proceeds received from initial public offering of public shares, net of underwriting commissions | 75,000,000 | - |
| Proceeds from the sale of private placement shares | 2,750,000 | - |
| Payment of offering costs | 1,495,126 | 17,125 |
| Net cash provided by financing activities | 75,979,874 | 282,875 |
| Net change in cash | 552,537 | 280,275 |
| Cash beginning of the period | - | 0 |
| Cash end of the period | 832,812 | 280,275 |
Research Alliance Corp III (RACC)
Research Alliance Corp III (RACC)