Range Impact Announces $10 Million Investment from Tacora Capital
Range Impact announced a $10 million equity investment from Tacora Capital LP, to be delivered via monthly installments over 12 months at volume-weighted average prices. The first tranche closed on May 31, issuing 6.26 million shares for $1.75 million, implying a price of approximately $0.28 per share.
Key figures
- Deal Value Usd
- 10000000
- Shares Offered
- 6256704
- Loan amount
- 4000000
- First close amount
- 1750000
- Monthly equity installment
- 750000
AI analysis
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