RACC · Research Alliance Corp III
$27.00
-0.70 (-2.53%)
At close · Aug 14
Going-concern doubt
— flagged Aug 12, 2026
Substantial doubt about the company's ability to continue as a going concern.
“In connection with the Company's assessment of going concern considerations in accordance with Financial Accounting Standards Board ("FASB") ASC 205-40, "Presentation of Financial Statements—Going Concern," the Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statements. This condition raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 12, 2026
Market Cap
$245.66M
Shares
9.10M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 25
Total Value: $107,914,771
Total Shares: 10,085,493
Holder Concentration
Across 23 13F filersTop Holder
10.1%
of institutional value
Top 5
39.0%
of institutional value
Top 10
70.0%
of institutional value
HHI
626
Broadly held
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid PERCEPTIVE ADVISORS LLC | $8,025,000 | 7.44% | 750,000 | Shares | 2026-08-14 | |
| Mid ADAR1 Capital Management, LLC | $6,955,000 | 6.44% | 650,000 | Shares | 2026-08-14 | |
| Mid ADAR1 Capital Management, LLC | $6,955,000 | 6.44% | 650,000 | Shares | 2026-08-14 | |
| Mega BANK OF AMERICA CORP /DE/ Bank | $5,391,879 | 5.00% | 503,914 | Shares | 2026-08-03 | |
| Small Trails Edge Capital Partners, LP | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| Small Spruce Street Capital LP | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-13 | |
| Large Balyasny Asset Management L.P. | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| Mid Commodore Capital LP | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| — TCG Crossover GP III, LLC | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| Small Spruce Street Capital LP | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-13 | |
| Mid BVF INC/IL | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| Mid TCG Crossover Management, LLC | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| Large Balyasny Asset Management L.P. | $5,350,000 | 4.96% | 500,000 | Shares | 2026-08-14 | |
| Mega Jupiter Topco LLC | $4,280,000 | 3.97% | 400,000 | Shares | 2026-08-14 | |
| Mid BRAIDWELL LP | $4,280,000 | 3.97% | 400,000 | Shares | 2026-08-14 | |
| Mid Cormorant Asset Management, LP | $3,959,000 | 3.67% | 370,000 | Shares | 2026-08-14 | |
| Mid Affinity Asset Advisors, LLC | $3,959,000 | 3.67% | 370,000 | Shares | 2026-08-13 | |
| Small SILVERARC CAPITAL MANAGEMENT, LLC | $3,852,000 | 3.57% | 360,000 | Shares | 2026-08-13 | |
| Small Foresite Capital Management VI LLC | $3,210,000 | 2.97% | 300,000 | Shares | 2026-08-14 | |
| Mid Venrock Adviser, LLC | $3,210,000 | 2.97% | 300,000 | Shares | 2026-08-14 | |
| Mid J. Goldman & Co LP | $1,899,581 | 1.76% | 177,531 | Shares | 2026-08-14 | |
| Large TORONTO DOMINION BANK Bank | $1,570,877 | 1.46% | 146,811 | Shares | 2026-08-14 | |
| Mid Logos Global Management LP | $1,070,000 | 0.99% | 100,000 | Shares | 2026-08-14 | |
| Mid ARISTEIA CAPITAL, L.L.C. | $535,000 | 0.50% | 50,000 | Shares | 2026-08-14 | |
| Mega TWO SIGMA INVESTMENTS, LP | $362,858 | 0.34% | 33,912 | Shares | 2026-08-14 | |
| Small Lineage Point Capital LP | $249,331 | 0.23% | 23,302 | Shares | 2026-08-14 | |
| Mega UBS Group AG | $171 | 0.00% | 16 | Shares | 2026-08-13 | |
| Mega MORGAN STANLEY | $74 | 0.00% | 7 | Shares | 2026-08-13 |
Key facts
CIK
2118032
CUSIP
G75226103
13F (30d)
29 filings
26 filers