Range Capital Acquisition Corp.

RANG: 8-K · other

Range Capital Acquisition Corp. drew $60,000 from an unsecured promissory note with its sponsor on October 21, 2026, bringing the outstanding balance to $300,000. The note allows up to $540,000 in monthly $60,000 contributions to the IPO trust account, bearing no interest, and is repayable at the earlier of a business combination or winding up. This is routine SPAC runway-extension housekeeping that keeps the trust topped up while the company seeks a deal, with no direct market impact.

SEC 8-K•4d ago

RANG: 8-K · debt financing

Range Capital Acquisition Corp. drew $60,000 on September 22, 2026 from an unsecured, interest-free promissory note with its sponsor, bringing the outstanding balance to $240,000. The note, established in June 2026, allows drawdowns of up to $60,000 per month to fund the trust account while the SPAC seeks an initial business combination, with repayment due at closing of a deal or upon winding up. The filing signals the SPAC continues to extend its runway but has not yet announced a target, and repayment of the note in a liquidation scenario depends solely on funds held outside the trust account.

SEC 8-K•1mo ago

RANG: 8-K · debt financing

Range Capital Acquisition Corp. drew down $60,000 on July 23, 2026, from an unsecured promissory note issued to its sponsor, Range Capital Acquisition Sponsor, LLC. The funds were deposited into the Trust Account to support ongoing operations related to the Company's search for a business combination target. This drawdown is part of a series of permitted monthly contributions of up to $60,000, capped at a total principal amount of $540,000. With this transaction, the aggregate outstanding balance under the Note increased to $120,000. The Note is non-interest bearing and the principal amount is due only upon the earlier of the consummation of the Company's initial business combination or the winding up of the Company. The issuance of the Note relies on exemptions from registration under Section 4(a)(2) of the Securities Act of 1933.

SEC 8-K•3mo ago

RANG: 8-K · proxy statement

Range Capital Acquisition Corp. filed a supplemental proxy statement to amend the terms of its proposed business combination extension. The company seeks shareholder approval to extend the deadline to consummate a business combination from June 23, 2026 (18 months post-IPO) to up to March 23, 2027 (27 months post-IPO). The extension allows the company to delay the deadline in monthly increments, up to nine additional months. For each one-month extension, the sponsor will deposit up to $60,000 into the trust account, calculated at $0.03 per outstanding public share, in exchange for a non-interest-bearing promissory note. The filing also reduces the cap on liquidation and dissolution expenses deductible from trust interest from $100,000 to $20,000. As of May 21, 2026, the trust account held approximately $122.2 million, resulting in an estimated redemption price of $10.62 per share for public shareholders who choose to redeem.

SEC 8-K•5mo ago

RANG: 10-Q · periodic report

Range Capital Acquisition Corp. is a pre-deal SPAC that has not commenced any operations. The company's primary activities to date have been organizational and related to its Initial Public Offering (IPO). The company generated net income of $857,705 for the three months ended March 31, 2026, primarily from interest earned on investments held in the Trust Account. The company has $121,580,626 in investments held in the Trust Account as of March 31, 2026. The Trust Account is intended to fund the company's initial business combination, which must be completed by June 23, 2026, or the company will liquidate and return funds to shareholders. The company has a working capital deficit of $2,286 as of March 31, 2026, and only $4,392 in cash. The company's management has identified a material weakness in internal control over financial reporting, specifically in the accuracy and completeness of accounting for accounts payable and accrued expenses. On April 14, 2026, the company issued an unsecured promissory note of up to $1,500,000 to Range Capital Holdings, LLC, an affiliate of the Sponsor. As of March 31, 2026, the company has drawn $47,000 under this note.

SEC 10-Q•5mo ago