Research Alliance Corporation IV (RACD)

Research Alliance Corporation IV is a special purpose acquisition company, or blank-check company, whose Class A ordinary shares trade on the Nasdaq Stock Market under the ticker RACD. It is part of a series of Research Alliance blank-check vehicles associated with RA Capital Management, a Boston-based life sciences investor.

The company was organized to raise capital in an initial public offering and then merge with an operating company, with an expected focus on biotechnology and life sciences. It conducts no business operations itself, and offering proceeds are held in trust pending a business combination or redemption.