Financing ·
Research Alliance Corporation IV completed its initial public offering on July 14, 2026, selling 7,500,000 Class A…
RACDResearch Alliance Corp IV
Research Alliance Corporation IV completed its initial public offering on July 14, 2026, selling 7,500,000 Class A ordinary shares at $10.00 per share, generating $75,000,000 in gross proceeds. Simultaneously, the company executed a private placement of 275,000 Class A ordinary shares to its sponsor at $10.00 per share, raising $2,750,000. Total net proceeds from the IPO and private placement, including a $2,250,000 underwriter deferred commission, were deposited into a trust account managed by Continental Stock Transfer & Trust Company. The company also appointed Alan Musso and John Maslowski to its board of directors and various committees. Research Alliance Corporation IV is a special purpose acquisition company (SPAC) formed to engage in an initial business combination.