Research Alliance CORP Iii Schedule 13G passive stakes

ADAR1 Capital Management, LLC and Daniel Schneeberger have jointly filed a Schedule 13G, reporting beneficial ownership of 8.4% of Research Alliance Corporation III's Class A Ordinary Shares.

TCG Crossover Fund III, L.P., TCG Crossover GP III, LLC, and Chen Yu have jointly reported beneficial ownership of 500,000 Class A Ordinary Shares, representing 6.4% of the outstanding shares in Research Alliance Corporation III.

Balyasny Asset Management L.P. and affiliated entities have reported beneficial ownership of 500,000 shares, representing 6.43% of Research Alliance Corporation III's Class A Common Stock.

Spruce Street Capital LP, along with its managing members Alex R. Rosen and Simon Basseyn, has reported beneficial ownership of 6.4% of Research Alliance Corp III's Class A Ordinary Shares.

Bank of America Corporation has reported beneficial ownership of 503,914 Class A Ordinary Shares, representing 6.5% of the outstanding shares, in Research Alliance Corp III.