RANGE IMPACT, INC. (RNGE) Form 8-K — Jun 3, 2026
Range Impact, Inc. (OTC: RNGE) entered into a Stock Purchase Agreement with Tacora Capital, LP, committing to purchase up to $10 million of the company’s common stock over 12 monthly installments. The initial closing on May 31, 2026, resulted in the issuance of 6,256,704 shares for $1.75 million, with subsequent monthly investments of $750,000 each priced at the volume-weighted average price. Concurrently, Range Cumberland, LLC, a wholly owned indirect subsidiary, entered into a Loan Agreement to lend up to $4 million to Cumberland Coal Corp., a private mining operator.
Key figures
- Debt Amount
- 4000000
- Interest Rate
- 10
- Maturity Date
- May 31, 2031
- Gross Proceeds
- 1750000
- Shares Offered
- 6256704
- Total equity commitment
- 10000000
- Contingent obligation cap
- 25000000
- Shares outstanding pre deal
- 113316078
AI analysis
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