Research Alliance Corp IV (RACD) holder discloses 1.26M Class B shares
Rhea-AI Filing Summary
Research Alliance Holdings IV LLC, a director and 10% owner of Research Alliance Corp IV, reported beneficial ownership of 1,263,529 Class B Ordinary Shares. These directly held Class B shares have no expiration date and automatically convert into Class A Ordinary Shares on a one-for-one basis in connection with the issuer's initial business combination or earlier at the holder's option, subject to anti-dilution adjustments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Research Alliance Holdings IV LLC
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares F1 | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 1,263,529 shares (Direct)
Footnotes (1)
- F1. Class B Ordinary Shares have no expiration date and will automatically convert into Class A Ordinary Shares of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis (subject to adjustment for sub-divisions, share dividends, reorganizations, recapitalizations and the like), or at any time prior thereto at the option of the holder on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights.
Key Figures
Class B Ordinary Shares held: 1263529.0000 Class B Ordinary Shares
Underlying Class A Ordinary Shares: 1263529.0000 Class A Ordinary Shares
Holding entries reported: 1
3 metrics
Class B Ordinary Shares held
1263529.0000 Class B Ordinary Shares
Beneficially owned directly by Research Alliance Holdings IV LLC following the reported holding entry
Underlying Class A Ordinary Shares
1263529.0000 Class A Ordinary Shares
Number of Class A Ordinary Shares issuable upon one-for-one conversion of the Class B Ordinary Shares
Holding entries reported
1
Count of holding entries in the Form 3 transaction summary
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, initial business combination, anti-dilution rights
4 terms
initial business combination financial
"convert into Class A Ordinary Shares of the Issuer at the time of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
anti-dilution rights financial
"one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider ownership in RACD does Research Alliance Holdings IV LLC report?
Research Alliance Holdings IV LLC reports beneficial ownership of 1,263,529 Class B Ordinary Shares of Research Alliance Corp IV. These shares are held directly and represent the reporting person’s initial disclosed equity position as a director and 10% owner.
What type of security does the RACD Form 3 disclose for Research Alliance Holdings IV LLC?
The Form 3 reports holdings of Class B Ordinary Shares of Research Alliance Corp IV. These Class B shares are a separate class from Class A Ordinary Shares and carry specific conversion terms tied to the issuer’s business combination.
What is the relationship of Research Alliance Holdings IV LLC to Research Alliance Corp IV (RACD)?
Research Alliance Holdings IV LLC is identified as both a director and a 10% owner of Research Alliance Corp IV. Its reported 1,263,529 Class B Ordinary Shares reflect a significant governance and ownership role in the company.