{"url_path":"/sec/racc/8-k/2026-05-21/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/2118032/0001193125-26-234382-index.html","accession_number":"0001193125-26-234382","cik":"0002118032","ticker":"RACC","issuer_name":"Research Alliance Corp III","edgar_url":"https://www.sec.gov/Archives/edgar/data/2118032/0001193125-26-234382-index.html","primary_entity_key":"0002118032","primary_entity_name":"Research Alliance Corp III"},"word_count":278,"has_tables":true,"body_markdown":"**Item 5.02.**\n\n**Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;\nCompensatory Arrangements of Certain Officers.**\n\nOn May 19, 2026, and in connection with the IPO, Michael F.\nMacLean and Timothy J. Miller were appointed to the board of directors of the Company (the “Board”). Effective May 19, 2026, (i) each of Mr. MacLean and Mr. Miller was appointed to the Board’s Audit Committee, with\nMr. MacLean serving as its chair; (ii) each of Matthew Hammond, Mr. MacLean, and Mr. Miller was appointed to the Board’s Nominating Committee, with Mr. Miller serving as its chair; and (iii) each of\nMr. MacLean and Mr. Miller was appointed to the Board’s Compensation Committee, with Mr. Miller serving as its chair.\n\nIn March 2026, the Sponsor transferred 30,000 Class B ordinary shares of the Company, par value $0.0001 per share (“Class B\nordinary shares”), to each of Mr. MacLean and Mr. Miller as compensation for his service as a director of the Company. In May 2026, in connection with a share capitalization effected to maintain the initial shareholders’\nownership at 15% of the issued and outstanding ordinary shares (excluding the Private Placement Shares) upon consummation of the IPO, an additional 9,130 Class B ordinary shares were issued to each of Mr. MacLean and Mr. Miller,\nresulting in each of Mr. MacLean and Mr. Miller holding 39,130 Class B ordinary shares.\n\nOther than the foregoing, none of\nthe directors is party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor is any director party to any transaction required to be disclosed under Item 404(a) of Regulation S-K involving the\nCompany."}