Research Alliance Corp IV (RACD) AI Dilution Summary

Cash was $1,414,902 at the 2026-07-14 balance-sheet date against estimated monthly burn of $17,239. The most recent capital raised was a public offering of 7,500,000 shares at $10.00 per share for $75,000,000 gross, placed by Leerink Partners LLC, and a concurrent private placement of 275,000 shares for $2,750,000 gross. Both closed 2026-07-14, so their proceeds are already inside the anchor cash figure.