It won't lose the install, it may reset the raid settings as it is in the same ROM as the bios. I cannot be sure from the manual.
If the raid settings are just selecting disks, and stripe size (default?) and raid type (0), it may be recoverable by tinkering. I would not guarantee anything.
Can you tell from taking the side panel off, if all the disks are working, spinning up, fans spinning, power lights etc are all working normally?