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
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-05-21 | Hammond Matthew |
Director, Chief Executive Officer, 10% Owner |
Award↑
Filing footnotes — Class A Ordinary Shares (Indirect)
Mr. Hammond is the sole director of Research Alliance Holdings III LLC (the "Sponsor"). As such, he has voting and investment discretion with respect to the securities held of record by the Sponsor and may be deemed to have beneficial ownership of the securities held directly by the Sponsor. Mr. Hammond disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any. |
Class A Ordinary Shares
(I)
|
275,000 |
| 2026-05-21 | Research Alliance Holdings III LLC /Cayman |
Director, 10% Owner |
Award↑
|
Class A Ordinary Shares
|
275,000 |
| 2026-05-19 | Stusnick Henry William |
COO and CBO |
Other↑
|
No Securities Owned
|
0 |
| 2026-05-19 | Adams Francis Sherman |
Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |
Legend
Buy — open-market purchase
Sell — open-market sale
↑ Shares acquired
↓ Shares disposed (gift, conversion, tax…)
Showing 1–4 of 4 transactions
Key facts
CIK
2118032
CUSIP
G75226103
13F (30d)
29 filings
26 filers