Range Capital Acquisition Corp. closes $100M IPO; $100.5M placed in trust for SPAC

Range Capital Acquisition Corp.

IPO of 10M units at $10.00 each generated gross proceeds of $100M.
Concurrent private placement of 400,000 units to sponsor and EBC raised $4M.
Total $100.5M net proceeds deposited in trust account for initial business combination.
Units trade on Nasdaq under RANGU; ordinary shares (RANG) and rights (RANGR) will trade separately.
Board appointed James Grigor, Alexander Matina, John Lovett effective December 19, 2024.

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