# Research Alliance Corp IV (RACD) — spac/ipo [completed]
Source: SEC API (secapi.ai) · situation sit_a7b7178538afc730c94a · retrieved 2026-08-11T16:13:05.763Z

## Overview
Research Alliance Corporation IV is a blank check company incorporated in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a focus on the healthcare or healthcare-related industries.

Research Alliance Corporation IV, a newly organized Cayman Islands exempted company, is conducting an initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share, raising $75,000,000 in gross proceeds. The company is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The offering is being conducted without warrants, unlike many other SPAC IPOs. The company has not selected any specific business combination target and has not initiated any substantive discussions with any prospective target.

## Terms
- Deal value: $75.0M · Consideration: cash · Price/share: $10

## Key dates
- Expected close 2026-07-14 · Completed 2026-07-13

## Timeline
- 2026-07-13 · 424B4 (0001193125-26-301373): 424B4 - Research Alliance Corp IV — *Research Alliance Corporation IV is a blank check company incorporated in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a focus on the healthcare or healthcare-related industries.* Research Alliance Corporation IV, a newly organized Cayman Islands exempted company, is conducting an initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share, raising $75,000,000 in gross proceeds. The company is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The offering is being conducted without warrants, unlike many other SPAC IPOs. The company has not selected any specific business combination target and has not initiated any substantive discussions with any prospective target.
  https://www.sec.gov/Archives/edgar/data/2137777/0001193125-26-301373.txt

## Citations
- 0001193125-26-301373 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526301373