Research Alliance Corp III (Nasdaq: RACC) is a blank-check special purpose acquisition company and the third vehicle launched under the Research Alliance sponsor umbrella, reflecting a serial approach to SPAC deal-making. The company filed a Form 425 communication with the SEC on August 5, 2026, a disclosure type required under Rule 425 when an issuer is actively engaged in a business combination transaction. The filing confirms that RACC is currently in process on a proposed merger or acquisition, placing the vehicle in the deal-execution phase of its lifecycle. As a third-generation SPAC from its sponsor group, RACC carries the institutional experience typical of repeat sponsors navigating the current market. Sign up on SpacDesk for full filing history, deal status, and complete data on RACC.