Range Capital Acquisition Corp II (RNGT) Form 10-Q — May 14, 2026
Range Capital Acquisition Corp II reported net income of $1.84 million for the quarter ended March 31, 2026, driven primarily by $2.06 million in interest earned on marketable securities held in its trust account. The company holds $234.2 million in the trust account, which is reserved for a future business combination, while maintaining only $922,610 in operating cash outside the trust. The SPAC has not yet identified a target business and continues to incur general and administrative expenses of $223,542 for the quarter.
Key figures
- Net Income
- 1843929
- Total Debt
- 0
- Total Assets
- 235260356
- Cash Position
- 922610
- Working Capital
- 924689
- Trust Account Balance
- 234163749
- Warrants Outstanding
- 11830000
- Warrant Exercise Price
- 11.5
- Deferred Underwriting Fee
- 8050000
- Shares Outstanding Class A
- 23660000
- Shares Outstanding Class B
- 7666667
Price after filing
Close on the filing date to close N calendar days later (from $10.07). Historical, not a forecast.
AI analysis
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