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Tuesday, December 6, 2022

Equity Corporate Actions Alert #2022 - 406
(Revised redemption rate) Information regarding the redemption of Research Alliance Corp. II (RACB)

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  • Industry Announcement

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Research Alliance Corp. II (RACB) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on December 2, 2022, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: Research Alliance Corp. II Class A Common Stock
CUSIP#: 760873109
Symbol: RACB
Last Trading Date: December 6, 2022
Marketplace Effective Date for Suspension: December 7, 2022
Revised Redemption rate: $10.07847692 per Class A Common Stock

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