Research Alliance Corp II (RACB)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	402.36 k	402.36 k	402.36 k	402.36 k		402.36 k
Cash burn (monthly)	72.15 k	62.16 k	57.75 k	67.00 k		24.25 k
Cash used (since last report)	1.93 mm	1.67 mm	1.55 mm	1.79 mm		649.60 k
Cash remaining	-1.53 mm	-1.26 mm	-1.14 mm	-1.39 mm		-247.25 k
Runway (months of cash)	-21.2	-20.3	-19.8	-20.8		-10.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

RACB institutional ownership history Ownership history

88.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	39	38	+2.6%
Opened positions	6	8	-25.0%
Closed positions	5	9	-44.4%
Increased positions	8	7	+14.3%
Reduced positions	8	3	+166.7%

13F shares	Current	Prev Q	Change
Total value	1.75 bn	1.16 bn	+50.2%
Total shares	13.73 mm	13.95 mm	-1.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Saba Capital Management	1.91 mm	$18.77 mm	0.0%
Sculptor Capital	1.48 mm	$14.54 mm	0.0%
Laurion Capital Management	800.00 k	$7.86 mm	0.0%
Vivaldi Asset Management	754.14 k	$7.41 mm	+314.5%
Farallon Capital Management	750.00 k	$7.37 mm	0.0%
Shaolin Capital Management	750.00 k	$7.37 mm	0.0%
Woodline Partners	750.00 k	$7.37 mm	0.0%
CNH Partners	715.63 k	$7.03 mm	+62.3%
RTW Investments	637.00 k	$6.26 mm	0.0%
Alyeska Investment	607.52 k	$5.97 mm	-24.1%

Largest transactions	Shares	Bought/sold	Change
Bain Capital Life Sciences Investors	0.00	-1.00 mm	EXIT
Citadel Advisors	456.59 k	-822.97 k	-64.3%
Vivaldi Asset Management	754.14 k	+572.20 k	+314.5%
Suvretta Capital Management	0.00	-500.00 k	EXIT
Jane Street	477.74 k	+477.74 k	NEW
JPM JPMorgan Chase & Co.	349.86 k	+349.86 k	NEW
GS The Goldman Sachs Group, Inc.	325.37 k	+325.37 k	NEW
CNH Partners	715.63 k	+274.63 k	+62.3%
Weiss Asset Management	250.00 k	+250.00 k	NEW
Marshall Wace	593.54 k	+247.61 k	+71.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.