Range Capital Acquisition Corp II closes IPO of 23M units at $10.00, raises $230M

Range Capital Acquisition Corp II

Closed IPO of 23,000,000 units at $10.00/unit, gross proceeds $230M; includes full exercise of 3,000,000-unit over-allotment.
Simultaneous private placement of 660,000 units to Sponsor and BTIG at $10.00/unit, raising $6.6M.
Net proceeds of $230M deposited into trust account for public shareholders, with Continental Stock Transfer as trustee.
Transaction costs total $13.2M, including $4.6M underwriting fee, $8.05M deferred underwriting, and $582k other costs.
Company must complete a business combination within 24 months from IPO date, October 6, 2025.

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