RA Capital’s SPAC Finds Partner

Hedge funds, including Balyasny Asset Management and Janus Henderson, are helping finance the deal.

Stephen Taub July 29, 2026

A blank-check company sponsored by RA Capital Management has agreed to a merger deal.Research Alliance Corporation III plans to merge with OHB Pediatrics, to be renamed Oak Hill Bio, a clinical-stage company working on therapeutics for rare diseases. The merger is expected to close

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